Samsara Inc. $IOT Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC cut its holdings in Samsara Inc. (NYSE:IOT) by 5.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,357,583 shares of the company’s stock after selling 73,826 shares during the quarter. TimesSquare Capital Management LLC owned 0.24% of Samsara worth $50,570,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IOT. Pinegrove Venture Partners LLC raised its stake in shares of Samsara by 46.0% in the 3rd quarter. Pinegrove Venture Partners LLC now owns 556,582 shares of the company’s stock valued at $20,733,000 after acquiring an additional 175,411 shares during the period. Lazard Freres Gestion S.A.S. purchased a new stake in shares of Samsara during the third quarter valued at approximately $2,235,000. Bessemer Group Inc. grew its stake in shares of Samsara by 19.8% during the third quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company’s stock valued at $64,379,000 after acquiring an additional 286,193 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Samsara by 28.9% during the second quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock valued at $54,917,000 after acquiring an additional 309,920 shares in the last quarter. Finally, LBP AM SA lifted its stake in shares of Samsara by 13.9% in the third quarter. LBP AM SA now owns 313,987 shares of the company’s stock worth $11,696,000 after acquiring an additional 38,235 shares in the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Sanjit Biswas sold 263,900 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John Bicket sold 263,900 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the sale, the insider directly owned 89,400 shares in the company, valued at $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 have sold a total of 3,054,011 shares of company stock worth $103,745,232 in the last 90 days. 46.49% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on IOT shares. Piper Sandler reiterated an “overweight” rating and set a $37.00 price objective (down from $49.00) on shares of Samsara in a research note on Friday, February 6th. Royal Bank Of Canada set a $35.00 price target on Samsara in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. Bank of America raised their target price on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Finally, TD Cowen reissued a “buy” rating on shares of Samsara in a research note on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.25.

Samsara Trading Up 2.5%

NYSE:IOT opened at $27.34 on Friday. The business’s fifty day moving average price is $33.84 and its 200 day moving average price is $36.26. The firm has a market capitalization of $15.77 billion, a price-to-earnings ratio of -341.69 and a beta of 1.61. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $61.90.

Samsara (NYSE:IOT) last issued 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). The business had revenue of $415.98 million during the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. Samsara’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.07 EPS. 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 analysts forecast 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.