Strs Ohio Makes New $8.07 Million Investment in Samsara Inc. $IOT

Strs Ohio purchased a new position in shares of Samsara Inc. (NYSE:IOT) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 202,884 shares of the company’s stock, valued at approximately $8,071,000.

Other large investors have also bought and sold shares of the company. Keystone Financial Group Inc. grew its position in Samsara by 300.0% during the 1st 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 last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of Samsara during the second quarter worth $28,000. CWM LLC grew its holdings in shares of Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after purchasing an additional 836 shares during the last quarter. AlphaQuest LLC grew its holdings in shares of Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new stake in Samsara during the 2nd quarter worth about $40,000. 96.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

IOT has been the topic of a number of research analyst reports. Piper Sandler increased their price objective on shares of Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Morgan Stanley increased their price target on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday, September 8th. Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada increased their price objective on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Samsara has an average rating of “Hold” and an average price target of $49.55.

Insider Buying and Selling

In other Samsara news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total transaction of $30,582,910.05. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total value of $30,582,910.05. The SEC filing for this sale provides additional information. Insiders have sold 3,729,363 shares of company stock valued at $140,243,015 over the last 90 days. Company insiders own 46.49% of the company’s stock.

Samsara Stock Performance

Shares of IOT stock opened at $40.12 on Friday. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90. The stock has a market cap of $23.01 billion, a PE ratio of -250.74 and a beta of 1.60. The firm’s 50 day moving average price is $38.22 and its two-hundred day moving average price is $39.34.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm had revenue of $391.48 million for the quarter, compared to analysts’ expectations of $372.22 million. During the same period last year, the firm earned $0.05 earnings per share. The business’s revenue for the quarter was up 30.4% on a year-over-year basis. 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, sell-side analysts predict that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

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.