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

Blue Trust Inc. increased its position in Samsara Inc. (NYSE:IOT) by 12.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 9,069 shares of the company’s stock after acquiring an additional 993 shares during the quarter. Blue Trust Inc.’s holdings in Samsara were worth $361,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IOT. Keystone Financial Group Inc. increased its stake in shares of Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after buying an additional 450 shares during the period. CWM LLC increased its position in Samsara by 385.3% in the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after acquiring an additional 836 shares during the period. AlphaQuest LLC increased its position in Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after acquiring an additional 873 shares during the period. Family Legacy Financial Solutions LLC acquired a new position in Samsara in the 2nd quarter valued at approximately $40,000. Finally, UMB Bank n.a. increased its position in Samsara by 31.9% in the 2nd quarter. UMB Bank n.a. now owns 1,904 shares of the company’s stock valued at $76,000 after acquiring an additional 461 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Price Performance

NYSE IOT opened at $37.58 on Tuesday. The business has a 50 day simple moving average of $36.88 and a 200 day simple moving average of $39.16. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90. The stock has a market capitalization of $21.55 billion, a P/E ratio of -234.84 and a beta of 1.60.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million during 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 quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm posted $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. Equities analysts expect that Samsara Inc. will post -0.3 earnings per share for the current year.

Insiders Place Their Bets

In other Samsara news, CAO Benjamin Louis Kirchhoff sold 4,933 shares of the firm’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $37.47, for a total value of $184,839.51. Following the completion of the sale, the chief accounting officer directly owned 100,585 shares in the company, valued at approximately $3,768,919.95. This trade represents a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John Bicket sold 170,000 shares of the firm’s stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $38.35, for a total value of $6,519,500.00. Following the completion of the sale, the insider owned 36,000 shares of the company’s stock, valued at approximately $1,380,600. This represents a 82.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 3,734,679 shares of company stock valued at $140,267,375. 46.49% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Truist Financial increased their price target on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, September 5th. BMO Capital Markets decreased their price target 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 increased their target price 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. Finally, Craig Hallum raised shares of Samsara from a “hold” rating to a “buy” rating and increased their target price for the company from $42.00 to $48.00 in a research report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Samsara has a consensus rating of “Hold” and a consensus price target 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.