Glynn Capital Management LLC Buys Shares of 253,793 Samsara Inc. $IOT

Glynn Capital Management LLC purchased a new position in shares of Samsara Inc. (NYSE:IOT) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 253,793 shares of the company’s stock, valued at approximately $9,454,000. Samsara accounts for about 3.0% of Glynn Capital Management LLC’s investment portfolio, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Versant Capital Management Inc increased its position in Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after buying an additional 851 shares during the period. Optiver Holding B.V. grew its position in shares of Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after acquiring an additional 1,058 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Samsara by 906.9% in the 2nd quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock worth $46,000 after acquiring an additional 1,052 shares during the period. Penserra Capital Management LLC lifted its position in Samsara by 3,202.1% in the 2nd quarter. Penserra Capital Management LLC now owns 1,585 shares of the company’s stock valued at $62,000 after purchasing an additional 1,537 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC lifted its position in Samsara by 100.0% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock valued at $74,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Activity at Samsara

In related news, insider John Bicket sold 263,900 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the sale, the insider directly owned 89,400 shares of the company’s stock, valued at $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of Samsara stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the transaction, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This trade represents a 74.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,961,777 shares of company stock worth $94,344,495 in the last ninety days. Corporate insiders own 46.49% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on IOT. BTIG Research began coverage on shares of Samsara in a research report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 target price for the company. Jefferies Financial Group set a $57.00 price objective on Samsara in a report on Wednesday, December 10th. KeyCorp cut their target price on Samsara from $55.00 to $40.00 and set an “overweight” rating on the stock in a research note on Friday. Piper Sandler reissued an “overweight” rating and issued a $37.00 price target (down from $49.00) on shares of Samsara in a research note on Friday, February 6th. Finally, The Goldman Sachs Group set a $45.00 price target on Samsara in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.69.

Samsara Stock Performance

Shares of IOT stock opened at $29.08 on Tuesday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.66. The business’s fifty day moving average is $30.84 and its 200-day moving average is $35.65. The stock has a market cap of $16.78 billion, a PE ratio of -363.50 and a beta of 1.61.

Samsara (NYSE:IOT) last announced its 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). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The firm had revenue of $415.98 million for the quarter, compared to the consensus estimate of $398.92 million. During the same period in the prior year, the business earned $0.07 EPS. The company’s quarterly revenue was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Equities research analysts predict that Samsara Inc. will post -0.3 earnings per share for the current year.

Samsara 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.