Samsara Inc. $IOT Shares Sold by Jordan Park Trust Co LLC

Key Points

• Jordan Park Trust Co LLC reduced its stake in **Samsara Inc.** by **3.0%** in Q2, holding about **91.5%** of its investment portfolio in the company, worth approximately **$98.9 million**.
• Multiple institutional investors have significantly increased their holdings in Samsara, with Keystone Financial Group raising its stake by **300%** and CWM LLC by **385.3%** during the first quarter.
• Despite recent downgrades in rating from analysts, **Samsara** maintains a **consensus "Hold" rating** with a target price averaging **$49.55** per share.

Jordan Park Trust Co LLC lowered its stake in shares of Samsara Inc. (NYSE:IOT - Free Report) by 3.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,487,301 shares of the company's stock after selling 77,161 shares during the period. Samsara comprises about 91.5% of Jordan Park Trust Co LLC's investment portfolio, making the stock its biggest holding. Jordan Park Trust Co LLC owned 0.44% of Samsara worth $98,945,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of IOT. Keystone Financial Group Inc. lifted its stake in shares of Samsara by 300.0% in the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company's stock valued at $25,000 after purchasing an additional 450 shares during the last quarter. CWM LLC lifted its stake in shares of Samsara by 385.3% in the 1st quarter. CWM LLC now owns 1,053 shares of the company's stock valued at $40,000 after purchasing an additional 836 shares during the last quarter. AlphaQuest LLC lifted its stake in shares of Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company's stock valued at $40,000 after purchasing an additional 873 shares during the last quarter. Family Legacy Financial Solutions LLC acquired a new stake in shares of Samsara in the 2nd quarter valued at $40,000. Finally, UMB Bank n.a. lifted its stake in shares of Samsara by 31.9% in the 2nd quarter. UMB Bank n.a. now owns 1,904 shares of the company's stock valued at $76,000 after purchasing an additional 461 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on IOT shares. Zacks Research lowered shares of Samsara from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Wall Street Zen lowered shares of Samsara from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Evercore ISI set a $50.00 price objective on shares of Samsara and gave the company an "outperform" rating in a research note on Wednesday, October 1st. Truist Financial lifted their price objective on shares of Samsara from $35.00 to $39.00 and gave the company a "hold" rating in a research note on Friday, September 5th. Finally, Craig Hallum upgraded shares of Samsara from a "hold" rating to a "buy" rating and lifted their target price for the stock from $42.00 to $48.00 in a report on Friday, September 5th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Samsara has a consensus rating of "Hold" and an average price target of $49.55.

Samsara Price Performance

Shares of IOT opened at $37.58 on Tuesday. The company has a market capitalization of $21.55 billion, a PE ratio of -234.84 and a beta of 1.60. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90. The company's fifty day moving average price is $36.88 and its 200 day moving average price is $39.16.

Samsara (NYSE:IOT - Get Free Report) last announced its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. The firm had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The business's quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.05 EPS. 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 year.

Insider Activity at Samsara

In other news, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of the company's stock in a transaction dated 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 Securities & Exchange Commission, which is accessible through this link. Also, insider John Bicket sold 170,000 shares of the company's stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $38.35, for a total transaction of $6,519,500.00. Following the transaction, the insider directly owned 36,000 shares of the company's stock, valued at $1,380,600. This represents a 82.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,734,679 shares of company stock worth $140,267,375 over the last ninety days. Corporate insiders own 46.49% of the company's stock.

About Samsara

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.

Want to see what other hedge funds are holding IOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Samsara Inc. (NYSE:IOT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.