Nordea Investment Management AB Acquires 2,645 Shares of Samsara Inc. $IOT

Nordea Investment Management AB increased its holdings in Samsara Inc. (NYSE:IOT) by 13.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,718 shares of the company’s stock after purchasing an additional 2,645 shares during the period. Nordea Investment Management AB’s holdings in Samsara were worth $901,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Gerber Kawasaki Wealth & Investment Management boosted its holdings in Samsara by 0.5% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 54,000 shares of the company’s stock valued at $2,070,000 after acquiring an additional 250 shares during the period. Nemes Rush Group LLC boosted its holdings in Samsara by 7.8% during the first quarter. Nemes Rush Group LLC now owns 3,597 shares of the company’s stock valued at $138,000 after acquiring an additional 260 shares during the period. Empowered Funds LLC boosted its holdings in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares during the period. Advisors Asset Management Inc. boosted its holdings in Samsara by 13.1% during the first quarter. Advisors Asset Management Inc. now owns 3,022 shares of the company’s stock valued at $116,000 after acquiring an additional 351 shares during the period. Finally, Kieckhefer Group LLC boosted its holdings in Samsara by 1.2% during the second quarter. Kieckhefer Group LLC now owns 30,870 shares of the company’s stock valued at $1,228,000 after acquiring an additional 370 shares during the period. 96.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on IOT shares. BMO Capital Markets decreased their price target on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a report on Friday, September 5th. Piper Sandler upped their price objective on shares of Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, September 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Truist Financial increased their price target on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, September 5th. Finally, Evercore ISI set a $50.00 price target on shares of Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $49.55.

Samsara Stock Up 1.4%

NYSE:IOT opened at $38.68 on Friday. 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 $22.19 billion, a PE ratio of -241.73 and a beta of 1.60. The firm has a 50-day moving average price of $37.49 and a 200 day moving average price of $39.21.

Samsara (NYSE:IOT) last posted its quarterly earnings results 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. The firm had revenue of $391.48 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.05 earnings per share. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, research analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Insider Activity at Samsara

In other news, insider Adam Eltoukhy sold 4,767 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $37.16, for a total transaction of $177,141.72. Following the completion of the sale, the insider owned 302,698 shares of the company’s stock, valued at approximately $11,248,257.68. This trade represents a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Dominic Phillips sold 18,904 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $37.83, for a total transaction of $715,138.32. Following the sale, the insider directly owned 683,425 shares of the company’s stock, valued at approximately $25,853,967.75. The trade was a 2.69% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,729,363 shares of company stock valued at $140,243,015. Insiders own 46.49% of the company’s stock.

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.