Candriam S.C.A. Increases Position in Samsara Inc. $IOT

Candriam S.C.A. grew its holdings in Samsara Inc. (NYSE:IOT) by 28.7% in the second quarter, Holdings Channel reports. The institutional investor owned 23,391 shares of the company’s stock after acquiring an additional 5,214 shares during the quarter. Candriam S.C.A.’s holdings in Samsara were worth $931,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IOT. Gerber Kawasaki Wealth & Investment Management lifted its holdings in Samsara by 0.5% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 54,000 shares of the company’s stock valued at $2,070,000 after purchasing an additional 250 shares in the last quarter. Nemes Rush Group LLC raised its position in Samsara by 7.8% in the first quarter. Nemes Rush Group LLC now owns 3,597 shares of the company’s stock valued at $138,000 after purchasing an additional 260 shares during the period. Empowered Funds LLC raised its holdings in Samsara by 3.4% in the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after buying an additional 335 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Samsara by 13.1% in the 1st quarter. Advisors Asset Management Inc. now owns 3,022 shares of the company’s stock worth $116,000 after acquiring an additional 351 shares during the last quarter. Finally, Kieckhefer Group LLC boosted its position in shares of Samsara by 1.2% during the second quarter. Kieckhefer Group LLC now owns 30,870 shares of the company’s stock worth $1,228,000 after buying an additional 370 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Price Performance

IOT opened at $36.51 on Tuesday. The stock has a market cap of $20.94 billion, a P/E ratio of -228.20 and a beta of 1.61. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90. The stock’s 50 day simple moving average is $38.70 and its 200 day simple moving average is $39.39.

Samsara (NYSE:IOT) last issued 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 firm had revenue of $391.48 million for the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm’s revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the company 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. Research analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Sanjit Biswas sold 10,937 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $38.38, for a total transaction of $419,762.06. Following the sale, the insider owned 298,952 shares in the company, valued at approximately $11,473,777.76. This trade represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Bicket sold 20,723 shares of Samsara stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $38.52, for a total value of $798,249.96. Following the completion of the sale, the insider directly owned 492,173 shares of the company’s stock, valued at approximately $18,958,503.96. This represents a 4.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,542,237 shares of company stock valued at $134,996,350 over the last three months. Insiders own 46.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on IOT shares. BMO Capital Markets cut their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, September 5th. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Truist Financial raised their price objective on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, September 5th. Royal Bank Of Canada upped 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, Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and upped their price objective for the company from $42.00 to $48.00 in a research note on Friday, September 5th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $49.55.

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.