Amundi Has $89.23 Million Stake in Samsara Inc. $IOT

Amundi cut its holdings in shares of Samsara Inc. (NYSE:IOT) by 10.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,324,862 shares of the company’s stock after selling 260,079 shares during the quarter. Amundi’s holdings in Samsara were worth $89,228,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Catalyst Capital Advisors LLC bought a new position in Samsara during the second quarter worth $28,000. AlphaQuest LLC lifted its stake in shares of Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after buying an additional 873 shares during the last quarter. Family Legacy Financial Solutions LLC bought a new stake in shares of Samsara during the 2nd quarter worth about $40,000. Whipplewood Advisors LLC grew its stake in Samsara by 349.8% in the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after buying an additional 850 shares during the last quarter. Finally, Allworth Financial LP grew its stake in Samsara by 906.9% in the 2nd quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock valued at $46,000 after buying an additional 1,052 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Samsara Stock Down 3.3%

IOT opened at $43.73 on Tuesday. The stock has a market capitalization of $25.09 billion, a price-to-earnings ratio of -546.65 and a beta of 1.61. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The company has a 50-day simple moving average of $38.59 and a 200 day simple moving average of $38.69.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, December 4th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.12 by $0.03. The company had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.61%. The business’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.07 EPS. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Sell-side analysts anticipate that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on IOT shares. Bank of America raised their price objective on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday. JPMorgan Chase & Co. lifted their price target on Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday. BMO Capital Markets boosted their price target on Samsara from $47.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday. Truist Financial upped their price objective on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a report on Friday, September 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Nine 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $50.50.

Insiders Place Their Bets

In other Samsara news, insider John Bicket sold 24,162 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $38.15, for a total value of $921,780.30. Following the sale, the insider owned 218,173 shares of the company’s stock, valued at approximately $8,323,299.95. This trade represents a 9.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Sanjit Biswas sold 14,152 shares of Samsara stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $38.10, for a total value of $539,191.20. Following the completion of the transaction, the insider owned 44,952 shares in the company, valued at approximately $1,712,671.20. The trade was a 23.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,161,793 shares of company stock valued at $82,725,037 over the last ninety days. Company insiders own 46.49% of the company’s stock.

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.