Nordea Investment Management AB Has $75.17 Million Stock Position in Samsara Inc. $IOT

Nordea Investment Management AB raised its position in shares of Samsara Inc. (NYSE:IOT) by 9,044.6% in the third quarter, HoldingsChannel.com reports. The firm owned 2,077,481 shares of the company’s stock after purchasing an additional 2,054,763 shares during the quarter. Nordea Investment Management AB’s holdings in Samsara were worth $75,174,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara during the second quarter worth $28,000. Family Legacy Financial Solutions LLC bought a new stake in Samsara during the second quarter valued at $40,000. Whipplewood Advisors LLC grew its holdings in Samsara by 349.8% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock worth $43,000 after acquiring an additional 850 shares during the period. Allworth Financial LP grew its holdings in Samsara by 906.9% during the 2nd quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock worth $46,000 after acquiring an additional 1,052 shares during the period. Finally, Penserra Capital Management LLC raised its position in shares of Samsara by 3,202.1% in the 2nd quarter. Penserra Capital Management LLC now owns 1,585 shares of the company’s stock worth $62,000 after acquiring an additional 1,537 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Buying and Selling

In other news, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the transaction, the insider owned 89,400 shares in the company, valued at $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Bicket sold 263,900 shares of Samsara stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,675,155 shares of company stock worth $99,622,791 over the last ninety days. Insiders own 46.49% of the company’s stock.

Samsara Stock Down 0.4%

Shares of NYSE:IOT opened at $33.84 on Thursday. 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 $37.76 and its 200-day moving average is $37.69. The firm has a market capitalization of $19.52 billion, a price-to-earnings ratio of -422.98 and a beta of 1.62.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The business had revenue of $415.98 million for the quarter, compared to the consensus estimate of $398.92 million. During the same quarter last year, the firm posted $0.07 EPS. The business’s revenue for the quarter was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Equities research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on IOT. Zacks Research upgraded Samsara from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Piper Sandler increased their price target on Samsara from $48.00 to $49.00 and gave the stock an “overweight” rating in a report on Friday, December 5th. Evercore ISI set a $50.00 price objective on shares of Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Royal Bank Of Canada dropped their target price on shares of Samsara from $50.00 to $46.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, Bank of America raised their price target on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $51.27.

Samsara Profile

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.