Samsara Inc. $IOT Shares Acquired by Penserra Capital Management LLC

Penserra Capital Management LLC raised its position in Samsara Inc. (NYSE:IOT) by 3,202.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,585 shares of the company’s stock after acquiring an additional 1,537 shares during the quarter. Penserra Capital Management LLC’s holdings in Samsara were worth $62,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Keystone Financial Group Inc. boosted its stake in shares of Samsara by 300.0% in the first 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 period. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara during the second quarter valued at about $28,000. CWM LLC increased its position in shares of Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after acquiring an additional 836 shares during the last quarter. AlphaQuest LLC lifted its stake in shares of Samsara by 519.6% in the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after acquiring an additional 873 shares in the last quarter. Finally, Family Legacy Financial Solutions LLC purchased a new position in Samsara in the second quarter valued at about $40,000. 96.02% of the stock is owned by institutional investors and hedge funds.

Samsara Stock Performance

IOT opened at $38.75 on Friday. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90. The company has a market capitalization of $22.23 billion, a PE ratio of -242.19 and a beta of 1.61. The stock’s fifty day moving average is $38.89 and its 200-day moving average is $39.42.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $391.48 million during the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The company’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, equities research analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Craig Hallum raised shares of Samsara from a “hold” rating to a “buy” rating and upped their price target for the company from $42.00 to $48.00 in a report on Friday, September 5th. Piper Sandler raised their price objective on shares of Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Finally, Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Eight 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.com, the company presently has a consensus rating of “Hold” and an average target price of $49.55.

Insiders Place Their Bets

In other news, insider Adam Eltoukhy sold 4,767 shares of the company’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $37.16, for a total value of $177,141.72. Following the transaction, the insider directly owned 302,698 shares of the company’s stock, valued at approximately $11,248,257.68. This represents a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Sanjit Biswas sold 10,937 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $38.38, for a total value of $419,762.06. Following the sale, the insider directly owned 298,952 shares of the company’s stock, valued at $11,473,777.76. This trade represents a 3.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,747,711 shares of company stock valued at $141,867,401. 46.49% of the stock is owned by insiders.

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.