Samsara Inc. $IOT Holdings Raised by Rhumbline Advisers

Rhumbline Advisers increased its stake in Samsara Inc. (NYSE:IOT) by 882.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 454,515 shares of the company’s stock after purchasing an additional 408,266 shares during the quarter. Rhumbline Advisers owned about 0.08% of Samsara worth $18,081,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vident Advisory LLC raised its holdings in Samsara by 66.2% during the first quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock worth $547,000 after purchasing an additional 5,691 shares in the last quarter. Ontario Teachers Pension Plan Board increased its position in shares of Samsara by 213.4% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 19,121 shares of the company’s stock valued at $733,000 after purchasing an additional 13,020 shares during the period. Avantax Advisory Services Inc. acquired a new position in shares of Samsara during the 1st quarter valued at $357,000. Charles Schwab Investment Management Inc. raised its stake in shares of Samsara by 18.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,229,773 shares of the company’s stock worth $85,467,000 after buying an additional 352,829 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of Samsara by 96.9% in the first quarter. Citigroup Inc. now owns 223,144 shares of the company’s stock valued at $8,553,000 after buying an additional 109,807 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insiders Place Their Bets

In other Samsara news, insider John Bicket sold 46,559 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $36.11, for a total transaction of $1,681,245.49. Following the completion of the sale, the insider directly owned 355,173 shares in the company, valued at approximately $12,825,297.03. This trade represents a 11.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Sanjit Biswas sold 36,664 shares of Samsara stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $36.13, for a total value of $1,324,670.32. Following the transaction, the insider directly owned 171,952 shares in the company, valued at approximately $6,212,625.76. This trade represents a 17.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,747,900 shares of company stock valued at $142,971,728 in the last 90 days. Insiders own 46.49% of the company’s stock.

Samsara Stock Performance

Shares of NYSE:IOT opened at $37.93 on Friday. The company has a market cap of $21.76 billion, a PE ratio of -237.03 and a beta of 1.61. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90. The firm has a 50 day simple moving average of $38.27 and a 200 day simple moving average of $39.07.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.05. The company 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 company’s revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the business 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 analysts predict that Samsara Inc. will post -0.3 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Royal Bank Of Canada increased their target price on shares of Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Piper Sandler restated an “overweight” rating and issued a $48.00 price target on shares of Samsara in a research report on Friday, November 14th. Wall Street Zen cut Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Morgan Stanley raised their price objective on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Monday, September 8th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Samsara presently has a consensus rating of “Hold” and an average target price of $49.55.

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.