Octahedron Capital Management L.P. Invests $676,000 in Samsara Inc. $IOT

Octahedron Capital Management L.P. bought a new position in shares of Samsara Inc. (NYSE:IOT) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 17,000 shares of the company’s stock, valued at approximately $676,000. Samsara accounts for about 0.5% of Octahedron Capital Management L.P.’s holdings, making the stock its 21st largest position.

A number of other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Samsara by 18.3% in the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after buying an additional 4,307,755 shares during the last quarter. Baillie Gifford & Co. raised its position in Samsara by 7.1% in the 1st quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock valued at $1,352,186,000 after purchasing an additional 2,348,101 shares during the last quarter. Geode Capital Management LLC raised 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 valued at $193,387,000 after buying an additional 1,931,870 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Samsara by 58.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,823,484 shares of the company’s stock worth $108,224,000 after acquiring an additional 1,047,068 shares during the period. Finally, Federated Hermes Inc. acquired a new stake in shares of Samsara during the first quarter worth $27,828,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Price Performance

Shares of IOT opened at $36.38 on Wednesday. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90. The stock has a market cap of $20.87 billion, a price-to-earnings ratio of -227.39 and a beta of 1.61. The firm has a 50 day simple moving average of $38.66 and a 200-day simple moving average of $39.35.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The firm had revenue of $391.48 million for the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.Samsara’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, equities analysts expect that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on IOT shares. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Evercore ISI set a $50.00 target price on shares of Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Royal Bank Of Canada increased their price target on shares of Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Morgan Stanley boosted their price objective on shares of Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Monday, September 8th. Finally, Piper Sandler restated an “overweight” rating and set a $48.00 target price on shares of Samsara in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Samsara currently has a consensus rating of “Hold” and an average price target of $49.55.

Insider Buying and Selling

In other Samsara news, insider Sanjit Biswas sold 10,937 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $38.38, for a total transaction of $419,762.06. Following the sale, the insider directly owned 298,952 shares of the company’s stock, valued at $11,473,777.76. This trade represents a 3.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dominic Phillips sold 18,348 shares of Samsara stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $40.39, for a total transaction of $741,075.72. Following the sale, the insider owned 683,425 shares of the company’s stock, valued at approximately $27,603,535.75. This trade represents a 2.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,413,133 shares of company stock worth $130,785,414. 46.49% of the stock is owned by company insiders.

Samsara Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.