IFG Advisory LLC Buys New Holdings in Samsara Inc. $IOT

IFG Advisory LLC bought a new stake in Samsara Inc. (NYSE:IOT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 33,869 shares of the company’s stock, valued at approximately $1,347,000.

Other large investors have also modified their holdings of the company. Keystone Financial Group Inc. raised 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 purchasing an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in shares of Samsara in the second quarter valued at $28,000. Family Legacy Financial Solutions LLC acquired a new position in shares of Samsara in the second quarter valued at $40,000. AlphaQuest LLC raised its stake in shares of Samsara by 519.6% in the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after purchasing an additional 873 shares in the last quarter. Finally, CWM LLC raised its stake in shares of Samsara by 385.3% in the first quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after purchasing an additional 836 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on IOT shares. Wall Street Zen cut Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Piper Sandler upped their price target on Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, September 5th. Royal Bank Of Canada upped their price target on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Evercore ISI set a $50.00 price target on Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Finally, Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Samsara currently has an average rating of “Hold” and a consensus target price of $49.55.

Insider Activity at Samsara

In other news, insider Dominic Phillips sold 18,904 shares of the stock in a transaction 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 owned 683,425 shares in the company, valued at approximately $25,853,967.75. This represents a 2.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Benjamin Louis Kirchhoff sold 4,933 shares of the firm’s stock in a transaction dated 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 transaction, the chief accounting officer owned 100,585 shares in the company, valued at approximately $3,768,919.95. This represents a 4.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,729,363 shares of company stock valued at $140,243,015. 46.49% of the stock is currently owned by company insiders.

Samsara Stock Performance

Shares of IOT stock opened at $40.12 on Friday. The stock’s fifty day moving average is $38.22 and its 200-day moving average is $39.34. The stock has a market capitalization of $23.01 billion, a PE ratio of -250.74 and a beta of 1.60. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90.

Samsara (NYSE:IOT) last announced its earnings results 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 for the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The business’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. As a group, analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Samsara 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.