B. Metzler seel. Sohn & Co. AG Raises Stake in Samsara Inc. $IOT

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Samsara Inc. by 181.2% in Q1, now owning 15,568 shares valued at $597,000.
• Several institutional investors, including Jennison Associates LLC and Vanguard Group Inc., significantly raised their holdings in Samsara, showing strong interest from institutional investment.
• Analysts have mixed opinions on Samsara, with a consensus rating of "Hold" and an average target price of $49.71, indicating a cautious outlook.

B. Metzler seel. Sohn & Co. AG grew its stake in Samsara Inc. (NYSE:IOT - Free Report) by 181.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,568 shares of the company's stock after purchasing an additional 10,032 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Samsara were worth $597,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC raised its holdings in Samsara by 262.0% in the 4th quarter. NewEdge Advisors LLC now owns 572 shares of the company's stock worth $25,000 after purchasing an additional 414 shares in the last quarter. Keystone Financial Group Inc. raised its holdings in Samsara by 300.0% in the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company's stock worth $25,000 after purchasing an additional 450 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Samsara in the 1st quarter worth $31,000. Fourth Dimension Wealth LLC bought a new position in Samsara in the 4th quarter worth $38,000. Finally, AlphaQuest LLC raised its holdings in Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company's stock worth $40,000 after purchasing an additional 873 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Samsara Stock Up 0.2%

Shares of NYSE IOT traded up $0.06 during trading on Wednesday, reaching $35.55. 6,073,292 shares of the company traded hands, compared to its average volume of 4,807,858. The firm has a 50 day simple moving average of $36.70 and a 200-day simple moving average of $40.28. The stock has a market capitalization of $20.24 billion, a PE ratio of -161.60 and a beta of 1.61. 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 announced its quarterly earnings results on Thursday, June 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.05. Samsara had a negative net margin of 9.04% and a negative return on equity of 11.14%. The firm had revenue of $366.88 million for the quarter, compared to the consensus estimate of $351.44 million. During the same quarter last year, the firm posted $0.03 EPS. The business's quarterly revenue was up 30.7% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.390-0.410 EPS. Q2 2026 guidance at 0.060-0.070 EPS. As a group, research analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

Wall Street Analyst Weigh In

IOT has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Samsara from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Wells Fargo & Company upped their target price on shares of Samsara from $48.00 to $50.00 and gave the stock an "overweight" rating in a research report on Friday, June 6th. BMO Capital Markets upped their target price on shares of Samsara from $48.00 to $54.00 and gave the stock an "outperform" rating in a research report on Monday, June 2nd. Evercore ISI set a $45.00 target price on shares of Samsara in a research report on Wednesday, June 25th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $47.00 target price (down from $53.00) on shares of Samsara in a research report on Thursday, August 7th. Eight equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $49.71.

Insiders Place Their Bets

In other Samsara news, insider Adam Eltoukhy sold 4,578 shares of the firm's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $32.73, for a total transaction of $149,837.94. Following the sale, the insider owned 358,720 shares in the company, valued at approximately $11,740,905.60. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Bicket sold 67,349 shares of Samsara stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $32.64, for a total transaction of $2,198,271.36. Following the sale, the insider owned 243,000 shares in the company, valued at approximately $7,931,520. The trade was a 21.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,601,317 shares of company stock worth $100,422,783. Company insiders own 46.49% of the company's stock.

Samsara 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.