Samsara Inc. $IOT Shares Purchased by Pinegrove Venture Partners LLC

Pinegrove Venture Partners LLC raised its stake in shares of Samsara Inc. (NYSE:IOT) by 46.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 556,582 shares of the company’s stock after purchasing an additional 175,411 shares during the period. Samsara accounts for 65.3% of Pinegrove Venture Partners LLC’s portfolio, making the stock its largest holding. Pinegrove Venture Partners LLC owned 0.10% of Samsara worth $20,733,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Catalyst Capital Advisors LLC acquired a new position in Samsara in the 2nd quarter valued at $28,000. Versant Capital Management Inc lifted its position in Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after acquiring an additional 851 shares during the last quarter. Whipplewood Advisors LLC boosted its holdings in Samsara by 349.8% during the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after acquiring an additional 850 shares during the period. Allworth Financial LP grew its position in shares of Samsara by 906.9% in the second quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock valued at $46,000 after purchasing an additional 1,052 shares during the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of Samsara by 3,202.1% in the second quarter. Penserra Capital Management LLC now owns 1,585 shares of the company’s stock worth $62,000 after purchasing an additional 1,537 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Stock Performance

Shares of IOT stock opened at $32.13 on Tuesday. Samsara Inc. has a 52-week low of $31.25 and a 52-week high of $61.90. The stock has a market cap of $18.54 billion, a price-to-earnings ratio of -401.63 and a beta of 1.62. The firm has a fifty day moving average of $36.86 and a 200-day moving average of $37.34.

Samsara (NYSE:IOT) last issued 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 business had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same quarter last year, the firm posted $0.07 earnings per share. Samsara’s revenue was up 29.2% on a year-over-year basis. 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, sell-side analysts predict that Samsara Inc. will post -0.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on IOT. Zacks Research raised Samsara from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Evercore ISI set a $50.00 price target on Samsara and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a research report on Thursday. Bank of America boosted their target price on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Finally, Wells Fargo & Company upped their target price on shares of Samsara from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $50.56.

Insider Buying and Selling

In other Samsara news, insider John Bicket sold 263,900 shares of Samsara stock in a transaction 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 directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,874,559 shares of company stock valued at $104,019,864. 46.49% of the stock is currently owned by insiders.

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.