Mediolanum International Funds Ltd Makes New $591,000 Investment in Samsara Inc. $IOT

Mediolanum International Funds Ltd bought a new stake in Samsara Inc. (NYSE:IOT) during the first quarter, HoldingsChannel reports. The institutional investor bought 19,285 shares of the company’s stock, valued at approximately $591,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IOT. Baillie Gifford & Co. raised its holdings in shares of Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. grew its holdings in Samsara by 58.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after purchasing an additional 4,401,082 shares during the period. Norges Bank bought a new position in Samsara during the fourth quarter valued at $127,415,000. Vanguard Group Inc. increased its position in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after buying an additional 3,417,849 shares during the last quarter. Finally, Brown Advisory Inc. raised its stake in shares of Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after buying an additional 3,322,023 shares during the period. 96.02% of the stock is owned by institutional investors.

Samsara Price Performance

NYSE:IOT opened at $36.00 on Wednesday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47. The stock’s fifty day moving average price is $33.52 and its two-hundred day moving average price is $31.45. The company has a market cap of $20.98 billion, a P/E ratio of 360.07, a P/E/G ratio of 9.04 and a beta of 1.35.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. During the same period in the previous year, the business earned $0.11 earnings per share. The firm’s quarterly revenue was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, analysts expect that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Samsara

In other news, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $32.27, for a total value of $19,802,808.20. Following the completion of the transaction, the director directly owned 2,256,487 shares in the company, valued at approximately $72,816,835.49. This trade represents a 21.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the completion of the transaction, the insider owned 94,000 shares of the company’s stock, valued at $3,456,380. This trade represents a 72.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,464,637 shares of company stock valued at $144,511,167 in the last quarter. 35.13% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada lifted their price objective on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. TD Cowen restated a “buy” rating and issued a $45.00 price objective on shares of Samsara in a research note on Thursday, June 25th. KeyCorp reaffirmed an “overweight” rating on shares of Samsara in a report on Friday, June 26th. Finally, Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $45.35.

About Samsara

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.