Public Employees Retirement System of Ohio Invests $3.18 Million in Samsara Inc. $IOT

Public Employees Retirement System of Ohio bought a new stake in Samsara Inc. (NYSE:IOT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 97,974 shares of the company’s stock, valued at approximately $3,177,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IOT. USS Investment Management Ltd bought a new position in shares of Samsara during the first quarter worth about $28,232,000. Spyglass Capital Management LLC lifted its stake in Samsara by 25.5% in the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock valued at $93,379,000 after acquiring an additional 599,651 shares in the last quarter. Allen Operations LLC boosted its position in Samsara by 83.3% during the 4th quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock worth $2,340,000 after acquiring an additional 30,000 shares during the last quarter. Geode Capital Management LLC boosted its position in Samsara by 17.8% during the 4th quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock worth $219,035,000 after acquiring an additional 935,855 shares during the last quarter. Finally, Jordan Park Trust Co LLC grew its stake in shares of Samsara by 54.1% during the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock worth $135,913,000 after acquiring an additional 1,346,628 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly results exceeded expectations. Samsara reported fiscal Q2 revenue of $508.4 million, up nearly 30% year over year, and adjusted EPS of $0.20 versus the $0.16 consensus estimate. Annual recurring revenue surpassed $2.1 billion, also growing 30%, while large-customer adoption and enterprise ARR momentum remained strong. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management raised its outlook. Fiscal 2027 revenue guidance was lifted to approximately $2.043 billion-$2.047 billion, with EPS guidance of $0.76-$0.78 versus a $0.60 consensus estimate. Third-quarter revenue guidance of $514 million-$516 million also topped expectations, supporting the case for continued growth and improving operating leverage. Samsara Fiscal 2027 Outlook
• Positive Sentiment: Analysts raised their targets following the earnings beat. BTIG, BMO Capital Markets, KeyCorp, TD Cowen and BNP Paribas Exane raised targets into the $53-$55 range, with mostly bullish ratings. The upgrades provide a positive catalyst and suggest analysts see additional upside if growth and profitability continue. Samsara Analysts Boost Their Forecasts After Strong Q2 Earnings
• Neutral Sentiment: Investor reaction has been uneven. Some coverage characterized the earnings beat as insufficient to justify the stock’s valuation, contributing to sharp intraday swings. JPMorgan raised its target to $52 but retained a “neutral” rating. Samsara trades at a very high earnings multiple, leaving the stock sensitive to any slowdown in growth.
• Negative Sentiment: Cash flow and insider selling remain risks. Analysts noted pressure on free-cash-flow margins as Samsara invests in AI and expansion. Separately, reported insider activity showed substantial selling and no open-market purchases over the past six months, which may weigh on sentiment. Samsara Earnings Call Analysis

Samsara Stock Performance

Shares of IOT stock opened at $40.09 on Friday. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47. The stock has a market cap of $23.36 billion, a price-to-earnings ratio of 250.56, a PEG ratio of 8.70 and a beta of 1.35. The firm’s 50-day moving average is $37.77 and its 200-day moving average is $33.22.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Samsara had a return on equity of 4.27% and a net margin of 4.90%.The firm had revenue of $508.44 million for the quarter, compared to the consensus estimate of $483.29 million. During the same quarter in the previous year, the business earned $0.12 earnings per share. The business’s revenue was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Sell-side analysts predict that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. KeyCorp lifted their price objective on shares of Samsara from $46.00 to $55.00 and gave the company an “overweight” rating in a report on Friday. BTIG Research increased their target price on shares of Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a report on Friday. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Evercore reissued an “outperform” rating and set a $55.00 price target on shares of Samsara in a research report on Friday. Finally, Piper Sandler restated a “neutral” rating and issued a $46.00 price objective (up from $40.00) on shares of Samsara in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $52.44.

Insider Activity at Samsara

In other news, insider John Bicket sold 34,557 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $39.44, for a total value of $1,362,928.08. Following the transaction, the insider directly owned 1,134,795 shares of the company’s stock, valued at $44,756,314.80. This represents a 2.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 6,876 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $39.82, for a total transaction of $273,802.32. Following the sale, the insider owned 425,080 shares of the company’s stock, valued at approximately $16,926,685.60. This represents a 1.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 4,458,623 shares of company stock worth $158,550,351. Company insiders own 35.13% of the company’s stock.

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.