Lunate Capital Ltd Invests $905,000 in Samsara Inc. $IOT

Lunate Capital Ltd bought a new stake in Samsara Inc. (NYSE:IOT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,751 shares of the company’s stock, valued at approximately $905,000. Samsara makes up about 0.5% of Lunate Capital Ltd’s portfolio, making the stock its 5th largest holding.

Several other large investors have also recently added to or reduced their stakes in IOT. Jennison Associates LLC raised its stake in shares of Samsara by 1,881.8% during the 1st quarter. Jennison Associates LLC now owns 11,763,133 shares of the company’s stock worth $450,881,000 after buying an additional 11,169,571 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Samsara by 12.0% in the first quarter. Vanguard Group Inc. now owns 23,495,471 shares of the company’s stock valued at $900,581,000 after buying an additional 2,516,882 shares in the last quarter. Baillie Gifford & Co. grew its holdings in Samsara by 7.1% during the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock worth $1,352,186,000 after acquiring an additional 2,348,101 shares during the period. Bessemer Group Inc. raised its position in Samsara by 2,635,339.0% in the first quarter. Bessemer Group Inc. now owns 1,080,530 shares of the company’s stock worth $41,418,000 after acquiring an additional 1,080,489 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Samsara by 58.9% in the first 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. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara Trading Down 1.2%

Shares of IOT opened at $38.04 on Monday. Samsara Inc. has a 12-month low of $31.40 and a 12-month high of $61.90. The stock has a market cap of $21.82 billion, a P/E ratio of -237.76 and a beta of 1.61. The company has a 50-day moving average of $36.81 and a two-hundred day moving average of $39.27.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate 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 business had revenue of $391.48 million for the quarter, compared to analyst estimates of $372.22 million. During the same period in the prior year, the business earned $0.05 earnings per share. The company’s quarterly revenue 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, analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on IOT shares. Wall Street Zen lowered shares of Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Evercore ISI set a $45.00 price objective on shares of Samsara in a report on Wednesday, June 25th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Morgan Stanley lifted 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. Finally, Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and boosted their price target for the stock 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 and seven have given a Hold rating to the company. According to data from MarketBeat, Samsara presently has an average rating of “Moderate Buy” and a consensus target price of $49.38.

Insider Buying and Selling

In related news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the business’s stock in a transaction dated 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sanjit Biswas sold 133,410 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $38.97, for a total transaction of $5,198,987.70. Following the completion of the transaction, the insider owned 42,000 shares in the company, valued at approximately $1,636,740. This trade represents a 76.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,710,842 shares of company stock valued at $139,532,429. 46.49% of the stock is owned by insiders.

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.