Washington University Acquires Shares of 258,221 Samsara Inc. $IOT

Washington University bought a new position in Samsara Inc. (NYSE:IOT) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 258,221 shares of the company’s stock, valued at approximately $10,272,000. Samsara accounts for about 6.5% of Washington University’s holdings, making the stock its 2nd biggest holding.

Several other institutional investors also recently modified their holdings of IOT. Vident Advisory LLC increased its stake in shares of Samsara by 66.2% during the first quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock valued at $547,000 after purchasing an additional 5,691 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Samsara in the 1st quarter worth approximately $1,457,000. Ontario Teachers Pension Plan Board increased its position in Samsara by 213.4% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 19,121 shares of the company’s stock valued at $733,000 after buying an additional 13,020 shares in the last quarter. Avantax Advisory Services Inc. bought a new position in Samsara during the 1st quarter valued at approximately $357,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Samsara by 18.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,229,773 shares of the company’s stock valued at $85,467,000 after buying an additional 352,829 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

Samsara Stock Up 2.3%

Shares of Samsara stock opened at $38.11 on Thursday. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The company’s 50 day moving average is $36.76 and its 200 day moving average is $39.24. The company has a market cap of $21.86 billion, a price-to-earnings ratio of -238.20 and a beta of 1.60.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The business had revenue of $391.48 million during the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm’s revenue was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Sell-side analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insider Activity at Samsara

In other news, insider Adam Eltoukhy sold 4,767 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $39.40, for a total transaction of $187,819.80. Following the completion of the sale, the insider owned 302,698 shares of the company’s stock, valued at $11,926,301.20. This represents a 1.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Dominic Phillips sold 46,253 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $39.15, for a total transaction of $1,810,804.95. Following the completion of the transaction, the insider directly owned 683,425 shares in the company, valued at approximately $26,756,088.75. The trade was a 6.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,715,775 shares of company stock valued at $139,717,268 in the last 90 days. 46.49% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Truist Financial raised their price target on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a report on Friday, September 5th. Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Morgan Stanley upped their target price on shares of Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Monday, September 8th. Wells Fargo & Company increased their price target on shares of Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 6th. Finally, Royal Bank Of Canada boosted their price objective on shares of Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Samsara presently has an average rating of “Moderate Buy” and a consensus target price of $49.77.

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.