Nomura Asset Management Co. Ltd. Acquires 10,000 Shares of Samsara Inc. $IOT

Nomura Asset Management Co. Ltd. boosted its holdings in Samsara Inc. (NYSE:IOT) by 12.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 89,110 shares of the company’s stock after buying an additional 10,000 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Samsara were worth $3,545,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IOT. Keystone Financial Group Inc. raised its position in Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock worth $25,000 after acquiring an additional 450 shares during the period. Catalyst Capital Advisors LLC bought a new stake in shares of Samsara during the 2nd quarter valued at $28,000. CWM LLC increased its stake in shares of Samsara by 385.3% in the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after purchasing an additional 836 shares in the last quarter. AlphaQuest LLC raised its holdings in Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares during the period. Finally, Family Legacy Financial Solutions LLC purchased a new position in Samsara during the second quarter valued at $40,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on IOT. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. BMO Capital Markets decreased their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, September 5th. Piper Sandler reaffirmed an “overweight” rating and set a $48.00 price target on shares of Samsara in a report on Friday, November 14th. Finally, Royal Bank Of Canada upped their price target on shares of Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.55.

Insider Buying and Selling at Samsara

In related news, insider John Bicket sold 46,559 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $36.11, for a total value of $1,681,245.49. Following the completion of the transaction, the insider owned 355,173 shares of the company’s stock, valued at approximately $12,825,297.03. This trade represents a 11.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sanjit Biswas sold 36,664 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $36.13, for a total value of $1,324,670.32. Following the sale, the insider directly owned 171,952 shares in the company, valued at $6,212,625.76. The trade was a 17.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,747,900 shares of company stock valued at $142,971,728 over the last quarter. 46.49% of the stock is owned by corporate insiders.

Samsara Price Performance

NYSE:IOT opened at $36.74 on Friday. The company has a market cap of $21.08 billion, a price-to-earnings ratio of -229.63 and a beta of 1.61. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The stock’s 50 day simple moving average is $38.51 and its two-hundred day simple moving average is $39.27.

Samsara (NYSE:IOT) last posted its 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 firm had revenue of $391.48 million during the quarter, compared to the consensus estimate of $372.22 million. During the same period in the prior year, the company earned $0.05 EPS. The company’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. As a group, analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

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.