DNB Asset Management AS Buys 51,460 Shares of Samsara Inc. $IOT

DNB Asset Management AS lifted its stake in Samsara Inc. (NYSE:IOT) by 63.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,967 shares of the company’s stock after buying an additional 51,460 shares during the period. DNB Asset Management AS’s holdings in Samsara were worth $4,916,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of IOT. Vanguard Group Inc. grew its position in Samsara by 6.9% during the 3rd quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company’s stock worth $1,106,947,000 after acquiring an additional 1,913,474 shares during the last quarter. Sands Capital Management LLC boosted its stake in shares of Samsara by 17.2% during 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. State Street Corp grew its holdings in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after purchasing an additional 2,910,916 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Samsara by 65.6% in the second quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock worth $193,387,000 after purchasing an additional 1,931,870 shares during the last quarter. Finally, Artisan Partners Limited Partnership increased its stake in shares of Samsara by 74.8% in the second quarter. Artisan Partners Limited Partnership now owns 3,964,300 shares of the company’s stock worth $157,700,000 after buying an additional 1,696,341 shares during the period. Institutional investors own 96.02% of the company’s stock.

Insider Buying and Selling at Samsara

In related news, CAO Benjamin Louis Kirchhoff sold 1,731 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $26.64, for a total value of $46,113.84. Following the sale, the chief accounting officer owned 121,913 shares in the company, valued at $3,247,762.32. This represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Sanjit Biswas sold 263,900 shares of the 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 sale, the insider directly owned 57,600 shares in the company, valued at $1,490,112. This trade represents a 82.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 3,253,463 shares of company stock valued at $105,384,810 over the last 90 days. 46.49% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on IOT shares. TD Cowen reissued a “buy” rating on shares of Samsara in a report on Friday, December 5th. Piper Sandler reiterated an “overweight” rating and set a $37.00 target price (down from $49.00) on shares of Samsara in a report on Friday, February 6th. Jefferies Financial Group set a $57.00 price target on Samsara in a report on Wednesday, December 10th. Wells Fargo & Company lowered their price target on Samsara from $52.00 to $43.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Finally, KeyCorp cut their price objective on Samsara from $55.00 to $40.00 and set an “overweight” rating on the stock in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.13.

Samsara Stock Performance

Shares of NYSE:IOT opened at $28.90 on Monday. The firm has a market capitalization of $16.68 billion, a P/E ratio of -361.25 and a beta of 1.60. The stock has a 50 day moving average price of $31.03 and a 200-day moving average price of $35.67. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.66.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). The firm had revenue of $415.98 million for the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, equities analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

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.