Fountainhead AM LLC Acquires 1,994 Shares of Samsara Inc. $IOT

Fountainhead AM LLC grew its holdings in shares of Samsara Inc. (NYSE:IOT) by 6.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,855 shares of the company’s stock after buying an additional 1,994 shares during the period. Fountainhead AM LLC’s holdings in Samsara were worth $1,387,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of Samsara by 0.5% during the 1st 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 increased its stake 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 in the last quarter. Empowered Funds LLC increased its stake in Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of 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 purchasing an additional 351 shares during the period. Finally, Kieckhefer Group LLC boosted its position in shares of Samsara by 1.2% during the 2nd quarter. Kieckhefer Group LLC now owns 30,870 shares of the company’s stock worth $1,228,000 after purchasing an additional 370 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on IOT. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. BMO Capital Markets reduced their price objective on Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. Royal Bank Of Canada boosted their price objective on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Evercore ISI set a $50.00 target price on Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Finally, Truist Financial increased their target price on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, September 5th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $49.55.

Insider Activity

In related news, insider Dominic Phillips sold 18,348 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $40.39, for a total transaction of $741,075.72. Following the transaction, the insider directly owned 683,425 shares in the company, valued at approximately $27,603,535.75. The trade was a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Bicket sold 20,723 shares of the stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $38.52, for a total transaction of $798,249.96. Following the completion of the sale, the insider owned 492,173 shares of the company’s stock, valued at approximately $18,958,503.96. This trade represents a 4.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 3,747,711 shares of company stock worth $141,867,401. Company insiders own 46.49% of the company’s stock.

Samsara Stock Up 2.2%

IOT stock opened at $38.93 on Monday. The firm has a market capitalization of $22.33 billion, a PE ratio of -243.33 and a beta of 1.61. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The stock’s 50 day moving average is $38.59 and its 200-day moving average is $39.42.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The business had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. During the same period in the prior year, the firm posted $0.05 EPS. Samsara’s quarterly revenue was up 30.4% compared to the same quarter last year. 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 research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

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.