Samsara Inc. $IOT Shares Purchased by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP raised its holdings in Samsara Inc. (NYSE:IOT) by 7.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,801,787 shares of the company’s stock after purchasing an additional 252,681 shares during the quarter. Westfield Capital Management Co. LP owned about 0.66% of Samsara worth $141,617,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Samsara by 18.3% during the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock worth $1,106,012,000 after buying an additional 4,307,755 shares during the last quarter. Norges Bank acquired a new stake in Samsara during the 2nd quarter worth approximately $134,950,000. State Street Corp grew its stake in shares of Samsara by 107.8% in the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after purchasing an additional 2,910,916 shares during the last quarter. Sands Capital Management LLC increased its holdings in shares of Samsara by 17.2% in the second quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock valued at $766,808,000 after purchasing an additional 2,833,049 shares during the period. Finally, Nordea Investment Management AB raised its stake in shares of Samsara by 9,044.6% during the third quarter. Nordea Investment Management AB now owns 2,077,481 shares of the company’s stock worth $75,174,000 after purchasing an additional 2,054,763 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara Trading Up 5.4%

Shares of IOT opened at $27.49 on Thursday. The firm’s 50-day moving average is $31.40 and its two-hundred day moving average is $35.70. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $51.01. The firm has a market capitalization of $15.86 billion, a P/E ratio of -343.58 and a beta of 1.61.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The company had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. Samsara’s revenue was up 29.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.07 earnings per share. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

Insider Transactions at Samsara

In related news, CAO Benjamin Louis Kirchhoff sold 1,731 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $26.64, for a total value of $46,113.84. Following the sale, the chief accounting officer directly owned 121,913 shares of the company’s stock, valued at approximately $3,247,762.32. This represents a 1.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the transaction, the insider owned 57,600 shares of the company’s stock, valued at $1,490,112. This trade represents a 82.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,253,463 shares of company stock valued at $105,384,810 in the last three months. 46.49% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada set a $35.00 price objective on shares of Samsara in a research report on Wednesday, February 11th. Jefferies Financial Group set a $57.00 target price on shares of Samsara in a research note on Wednesday, December 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research note on Thursday, January 22nd. Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $37.00 price objective (down from $49.00) on shares of Samsara in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $46.06.

Samsara Company Profile

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.