AG2R LA Mondiale Gestion D Actifs Sells 5,570 Shares of Samsara Inc. $IOT

AG2R LA Mondiale Gestion D Actifs decreased its position in Samsara Inc. (NYSE:IOT) by 23.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 17,878 shares of the company’s stock after selling 5,570 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Samsara were worth $711,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Keystone Financial Group Inc. grew 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 worth $25,000 after acquiring an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in Samsara during the second quarter valued at about $28,000. CWM LLC grew its position in Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after buying an additional 836 shares during the period. AlphaQuest LLC grew its position in Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after buying an additional 873 shares during the period. Finally, Family Legacy Financial Solutions LLC bought a new position in Samsara during the second quarter valued at about $40,000. Institutional investors own 96.02% of the company’s stock.

Insider Transactions at Samsara

In other news, insider Sanjit Biswas sold 160,000 shares of the stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $38.63, for a total value of $6,180,800.00. Following the sale, the insider directly owned 30,000 shares of the company’s stock, valued at approximately $1,158,900. This represents a 84.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Dominic Phillips sold 18,904 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $37.83, for a total transaction of $715,138.32. Following the completion of the sale, the insider directly owned 683,425 shares in the company, valued at approximately $25,853,967.75. The trade was a 2.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,729,363 shares of company stock valued at $140,243,015. Company insiders own 46.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada increased their price target on shares of Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Evercore ISI set a $50.00 price target on shares of Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Morgan Stanley increased their price target on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. BMO Capital Markets reduced their price target on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Finally, Craig Hallum upgraded shares of Samsara from a “hold” rating to a “buy” rating and increased their price target for the company from $42.00 to $48.00 in a research report on Friday, September 5th. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Samsara presently has an average rating of “Hold” and an average price target of $49.55.

Samsara Stock Up 1.4%

NYSE IOT opened at $39.19 on Monday. The company has a market cap of $22.48 billion, a PE ratio of -244.92 and a beta of 1.60. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90. The firm’s 50-day simple moving average is $37.61 and its two-hundred day simple moving average is $39.28.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. During the same period in the prior year, the firm posted $0.05 earnings per share. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. As a group, equities research analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

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.