Raiffeisen Bank International AG Grows Holdings in Samsara Inc. $IOT

Raiffeisen Bank International AG increased its stake in shares of Samsara Inc. (NYSE:IOT) by 9.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 141,747 shares of the company’s stock after purchasing an additional 11,747 shares during the period. Raiffeisen Bank International AG’s holdings in Samsara were worth $5,479,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Samsara by 12.0% during the first quarter. Vanguard Group Inc. now owns 23,495,471 shares of the company’s stock worth $900,581,000 after purchasing an additional 2,516,882 shares in the last quarter. Baillie Gifford & Co. raised its holdings in shares of Samsara by 7.1% in the 1st quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock valued at $1,352,186,000 after buying an additional 2,348,101 shares during the period. Geode Capital Management LLC raised its holdings in shares of Samsara by 65.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock valued at $193,387,000 after buying an additional 1,931,870 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Samsara by 58.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,823,484 shares of the company’s stock worth $108,224,000 after acquiring an additional 1,047,068 shares in the last quarter. Finally, Federated Hermes Inc. purchased a new position in Samsara during the 1st quarter valued at about $27,828,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Truist Financial boosted their price target on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. Morgan Stanley upped their target price on shares of Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Monday, September 8th. Wall Street Zen lowered shares of Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Royal Bank Of Canada raised 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. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $49.55.

Insiders Place Their Bets

In other news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total value of $30,582,910.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Bicket sold 170,000 shares of Samsara stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $38.35, for a total transaction of $6,519,500.00. Following the sale, the insider owned 36,000 shares in the company, valued at $1,380,600. This represents a 82.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 3,542,237 shares of company stock valued at $134,996,350. 46.49% of the stock is owned by company insiders.

Samsara Price Performance

NYSE:IOT opened at $36.51 on Tuesday. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90. The firm has a market capitalization of $20.94 billion, a PE ratio of -228.20 and a beta of 1.61. The business’s fifty day moving average price is $38.70 and its 200 day moving average price is $39.39.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.05. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The business had revenue of $391.48 million during the quarter, compared to analysts’ expectations of $372.22 million. During the same period in the prior year, the firm posted $0.05 EPS. The business’s quarterly revenue 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. As a group, equities analysts anticipate that Samsara Inc. will post -0.3 EPS 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.