Here’s What Will Support Samsara’s (IOT) Profitable Growth?

Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s Investor Class fund ARTMX returned 14.40%, Advisor Class fund APDMX posted a return of 14.45%, and Institutional Class fund APHMX returned 14.50%, compared to a 18.20% return for the Russell Midcap Growth Index. Global markets experienced a significant but volatile Q2, rotating from double-digit declines to double-digit gains. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Artisan Mid Cap Fund highlighted stocks such as Samsara Inc. (NYSE:IOT). Samsara Inc. (NYSE:IOT) offers solutions to connect physical operations data to its connected operations cloud. The one-month return of Samsara Inc. (NYSE:IOT) was -2.44%, and its shares lost 4.17% of their value over the last 52 weeks.  On August 7, 2025, Samsara Inc. (NYSE:IOT) stock closed at $36.77 per share, with a market capitalization of $20.934 billion.

Artisan Mid Cap Fund stated the following regarding Samsara Inc. (NYSE:IOT) in its second quarter 2025 investor letter:

“Along with Snowflake, Baker Hughes and Roblox, we also added to Samsara Inc. (NYSE:IOT) during the quarter. Samsara is a software platform for asset intensive industries (e.g., trucking, construction and logistics). It provides real-time data and insights to enable asset tracking, performance measurement and safety monitoring, which yield high rates of return on investment for its customers. We expect continued market share gains and further product introductions within a large addressable market will support years of profitable growth. Our view was supported by strong quarterly results reported in June, as revenues grew 32% YoY and margins improved. However, investors focused on management comments regarding several recent contract delays tied to uncertainty about new trade tariffs, causing the stock to sell off. We took advantage of the more attractive valuation to make it a large GardenSM holding.”

Why Samsara Inc. (IOT) Crashed On Friday

A data analyst wearing virtual reality goggles while analyzing on-board telematics.

Samsara Inc. (NYSE:IOT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Samsara Inc. (NYSE:IOT) at the end of the first quarter, which was 40 in the previous quarter. Samsara Inc. (NYSE: IOT) reported a revenue of $367 million for Q1, representing a growth of 31% compared to Q1 2024. While we acknowledge the risk and potential of Samsara Inc. (NYSE:IOT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Samsara Inc. (NYSE:IOT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Samsara Inc. (NYSE:IOT) and shared Baron Asset Fund’s views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.