Blue Trust Inc. Has $361,000 Stock Holdings in Samsara Inc. $IOT

Blue Trust Inc. grew its stake in shares of Samsara Inc. (NYSE:IOT) by 12.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,069 shares of the company’s stock after acquiring an additional 993 shares during the period. Blue Trust Inc.’s holdings in Samsara were worth $361,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Jennison Associates LLC lifted its holdings in 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 purchasing an additional 11,169,571 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Samsara by 12.0% during the 1st 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 during the last quarter. Baillie Gifford & Co. lifted its holdings in shares of 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 buying an additional 2,348,101 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Samsara by 2,635,339.0% during the first quarter. Bessemer Group Inc. now owns 1,080,530 shares of the company’s stock worth $41,418,000 after buying an additional 1,080,489 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Samsara by 58.9% during 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 buying an additional 1,047,068 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. BMO Capital Markets dropped their price objective on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. Wall Street Zen downgraded shares of Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Royal Bank Of Canada lifted 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. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Piper Sandler lifted their price objective on Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a report 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 company. Based on data from MarketBeat.com, Samsara has a consensus rating of “Hold” and an average price target of $49.55.

Samsara Price Performance

Shares of IOT opened at $37.58 on Tuesday. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90. The company has a market cap of $21.55 billion, a P/E ratio of -234.84 and a beta of 1.60. The firm has a 50 day simple moving average of $36.88 and a two-hundred day simple moving average of $39.16.

Samsara (NYSE:IOT) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $372.22 million. During the same period in the previous year, the business earned $0.05 earnings per share. The company’s 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. On average, analysts expect that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total transaction of $30,582,910.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total transaction of $30,582,910.05. The disclosure for this sale can be found here. Insiders sold a total of 3,734,679 shares of company stock worth $140,267,375 in the last ninety days. Insiders own 46.49% of the company’s stock.

About Samsara

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.