Mn Services Vermogensbeheer B.V. Purchases 45,300 Shares of Samsara Inc. $IOT

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Samsara Inc. by 74.1% during the second quarter, owning 106,400 shares valued at approximately $4.23 million.
• Several institutional investors, including Vanguard Group and Jennison Associates, have also increased their stakes significantly, demonstrating strong confidence in Samsara's performance.
• Samsara reported a 30.4% year-over-year revenue increase to $391.48 million for the quarter, surpassing analysts' expectations, and it has set ambitious earnings guidance for FY 2026.

Mn Services Vermogensbeheer B.V. lifted its stake in shares of Samsara Inc. (NYSE:IOT - Free Report) by 74.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 106,400 shares of the company's stock after purchasing an additional 45,300 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Samsara were worth $4,233,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of IOT. Jennison Associates LLC lifted its position in shares of Samsara by 1,881.8% during the first quarter. Jennison Associates LLC now owns 11,763,133 shares of the company's stock worth $450,881,000 after purchasing an additional 11,169,571 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Samsara by 12.0% in the first quarter. Vanguard Group Inc. now owns 23,495,471 shares of the company's stock worth $900,581,000 after acquiring an additional 2,516,882 shares during the last quarter. Baillie Gifford & Co. lifted its holdings in Samsara by 7.1% in the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company's stock worth $1,352,186,000 after acquiring an additional 2,348,101 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Samsara by 2,635,339.0% in the first quarter. Bessemer Group Inc. now owns 1,080,530 shares of the company's stock worth $41,418,000 after acquiring an additional 1,080,489 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Samsara by 58.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,823,484 shares of the company's stock worth $108,224,000 after acquiring an additional 1,047,068 shares during the last quarter. Institutional investors own 96.02% of the company's stock.

Insider Activity at Samsara

In other news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the company's stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total transaction of $30,582,910.05. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sanjit Biswas sold 132,398 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $36.23, for a total transaction of $4,796,779.54. Following the transaction, the insider owned 60,000 shares in the company, valued at $2,173,800. The trade was a 68.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,386,158 shares of company stock valued at $126,976,919 over the last ninety days. Company insiders own 46.49% of the company's stock.

Samsara Trading Down 1.0%

NYSE IOT traded down $0.38 on Tuesday, reaching $38.94. The company's stock had a trading volume of 1,744,275 shares, compared to its average volume of 4,987,805. The firm has a market cap of $22.33 billion, a PE ratio of -243.27 and a beta of 1.61. The business has a 50-day moving average price of $36.83 and a 200 day moving average price of $39.22. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90.

Samsara (NYSE:IOT - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.05. The firm had revenue of $391.48 million for the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The company's revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.05 earnings per share. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

IOT has been the topic of a number of recent research reports. BMO Capital Markets cut their target price on shares of Samsara from $54.00 to $47.00 and set an "outperform" rating on the stock in a report on Friday, September 5th. Piper Sandler raised their price target on shares of Samsara from $47.00 to $48.00 and gave the company an "overweight" rating in a research note on Friday, September 5th. Zacks Research lowered shares of Samsara from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Craig Hallum upgraded shares of Samsara from a "hold" rating to a "buy" rating and raised their price target for the company from $42.00 to $48.00 in a research note on Friday, September 5th. Finally, Morgan Stanley raised their price objective on shares of Samsara from $50.00 to $53.00 and gave the company an "equal weight" rating in a research note on Monday, September 8th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Samsara has an average rating of "Moderate Buy" and a consensus target price of $49.38.

Samsara Company Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.