Zevenbergen Capital Investments LLC Buys 43,238 Shares of Samsara Inc. $IOT

Zevenbergen Capital Investments LLC lifted its stake in shares of Samsara Inc. (NYSE:IOT) by 4.5% in the third quarter, HoldingsChannel reports. The fund owned 998,029 shares of the company’s stock after acquiring an additional 43,238 shares during the period. Zevenbergen Capital Investments LLC’s holdings in Samsara were worth $37,177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IOT. Vanguard Group Inc. lifted its holdings in Samsara by 18.3% during the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after purchasing an additional 4,307,755 shares in the last quarter. Sands Capital Management LLC raised its position in shares of Samsara by 17.2% during the 2nd 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 lifted its stake in shares of Samsara by 107.8% during the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after buying an additional 2,910,916 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Samsara by 65.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock worth $193,387,000 after buying an additional 1,931,870 shares during the period. Finally, Artisan Partners Limited Partnership increased its stake in Samsara by 74.8% in the 2nd 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 in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

IOT has been the topic of several research analyst reports. KeyCorp began coverage on Samsara in a research report on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 price objective on the stock. BTIG Research began coverage on Samsara in a report on Tuesday. They issued a “buy” rating and a $55.00 price target on the stock. Bank of America upped their price target on Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Cowen reiterated a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Finally, BMO Capital Markets upped their target price on shares of Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.53.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: BTIG initiated/upgraded coverage on Samsara with a buy/strong‑buy stance, which provides institutional validation of the growth outlook and likely lifted short‑term demand. BTIG initiates coverage
• Neutral Sentiment: Coverage and press on Samsara’s Q3 results highlight revenue strength (double‑digit growth) even though profit metrics remain mixed; this keeps investor focus on execution and margin progress rather than creating a clear directional impulse. Q3 earnings coverage
• Negative Sentiment: Large insider sales by co‑founders Sanjit Biswas and John Bicket (massive reductions on Dec. 17–18 that left each with about 6,000 shares) generated more than $5M in proceeds per filing — a material drop in their holdings that can be read as diversification or concern and tends to weigh on sentiment. SEC filings and a press roundup detail the transactions. John Bicket Form 4 Sanjit Biswas Form 4 Insider selling roundup

Insiders Place Their Bets

In other news, insider John Bicket sold 170,000 shares of the business’s stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $38.35, for a total value of $6,519,500.00. Following the sale, the insider directly owned 36,000 shares in the company, valued at $1,380,600. The trade was a 82.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Sanjit Biswas sold 160,000 shares of the stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $38.63, for a total transaction of $6,180,800.00. Following the completion of the transaction, the insider directly owned 30,000 shares of the company’s stock, valued at approximately $1,158,900. The trade was a 84.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,471,240 shares of company stock valued at $94,829,112 over the last three months. Corporate insiders own 46.49% of the company’s stock.

Samsara Price Performance

NYSE:IOT opened at $38.24 on Friday. The company has a market cap of $21.94 billion, a price-to-earnings ratio of -478.00 and a beta of 1.61. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The stock’s 50 day simple moving average is $38.94 and its two-hundred day simple moving average is $38.46.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. During the same period last year, the business posted $0.07 earnings per share. The company’s revenue for the quarter 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. As a group, analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

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.