Samsara Inc. $IOT Shares Purchased by Windmill Hill Asset Management Ltd

Key Points

• Windmill Hill Asset Management Ltd increased its holdings in Samsara Inc. by 126.7% during the second quarter, owning 21,665 shares valued at approximately $862,000.
• A significant share sale occurred, with major shareholder Parallel Fund Iv L.P. selling 793,331 shares at an average price of $38.55, totaling around $30.58 million.
• Samsara reported a quarterly earnings beat with $0.12 earnings per share, surpassing the consensus estimate of $0.07, while its revenue increased by 30.4% year-over-year.

Windmill Hill Asset Management Ltd boosted its holdings in shares of Samsara Inc. (NYSE:IOT - Free Report) by 126.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,665 shares of the company's stock after buying an additional 12,107 shares during the quarter. Samsara accounts for 0.2% of Windmill Hill Asset Management Ltd's investment portfolio, making the stock its 15th largest position. Windmill Hill Asset Management Ltd's holdings in Samsara were worth $862,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IOT. Wilmington Savings Fund Society FSB raised its position in Samsara by 18.7% in the 2nd quarter. Wilmington Savings Fund Society FSB now owns 16,578 shares of the company's stock valued at $659,000 after purchasing an additional 2,616 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Samsara by 5.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,010,699 shares of the company's stock worth $78,739,000 after purchasing an additional 101,363 shares in the last quarter. LRI Investments LLC purchased a new position in Samsara during the 2nd quarter worth approximately $101,000. Legal Advantage Investments Inc. lifted its stake in Samsara by 25.0% in the second quarter. Legal Advantage Investments Inc. now owns 10,000 shares of the company's stock valued at $398,000 after buying an additional 2,000 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Samsara by 6.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 23,746 shares of the company's stock valued at $945,000 after buying an additional 1,370 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on IOT. Evercore ISI set a $50.00 target price on shares of Samsara and gave the company an "outperform" rating in a report on Wednesday, October 1st. Wall Street Zen downgraded shares of Samsara from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. BMO Capital Markets dropped their price target on Samsara from $54.00 to $47.00 and set an "outperform" rating on the stock in a research report on Friday, September 5th. Piper Sandler increased their price target on Samsara from $47.00 to $48.00 and gave the stock an "overweight" rating in a report on Friday, September 5th. Finally, Craig Hallum raised shares of Samsara from a "hold" rating to a "buy" rating and lifted their target price for the company from $42.00 to $48.00 in a report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $49.55.

Insider Buying and Selling

In other news, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total value of $30,582,910.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Bicket sold 170,000 shares of the stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $38.35, for a total value of $6,519,500.00. Following the sale, the insider directly owned 36,000 shares in the company, valued at approximately $1,380,600. The trade was a 82.52% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,734,679 shares of company stock worth $140,267,375. 46.49% of the stock is currently owned by corporate insiders.

Samsara Stock Up 1.9%

Shares of IOT stock opened at $37.58 on Tuesday. The stock has a market cap of $21.55 billion, a P/E ratio of -234.84 and a beta of 1.60. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The business has a fifty day simple moving average of $36.88 and a 200-day simple moving average of $39.16.

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

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.

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