JPMorgan Chase & Co. Purchases 284,174 Shares of Samsara Inc. $IOT

JPMorgan Chase & Co. increased its position in shares of Samsara Inc. (NYSE:IOT) by 20.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,664,688 shares of the company’s stock after purchasing an additional 284,174 shares during the period. JPMorgan Chase & Co. owned 0.29% of Samsara worth $62,010,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised 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 acquiring an additional 4,307,755 shares during the period. Norges Bank purchased a new stake in shares of Samsara during the second quarter worth about $134,950,000. State Street Corp raised its stake in 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 purchasing an additional 2,910,916 shares during the period. Sands Capital Management LLC raised its stake in 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. Finally, Nordea Investment Management AB lifted its holdings in Samsara by 9,044.6% in the 3rd quarter. Nordea Investment Management AB now owns 2,077,481 shares of the company’s stock worth $75,174,000 after purchasing an additional 2,054,763 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Price Performance

Shares of IOT stock opened at $26.14 on Wednesday. The company has a market cap of $15.08 billion, a PE ratio of -326.76 and a beta of 1.61. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $51.01. The stock’s 50 day simple moving average is $31.61 and its two-hundred day simple moving average is $35.76.

Samsara (NYSE:IOT) last released its quarterly 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). The company had revenue of $415.98 million for the quarter, compared to analysts’ expectations of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The business’s quarterly revenue was up 29.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 research analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Insider Transactions at Samsara

In related news, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction dated 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 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Bicket sold 263,900 shares of the firm’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 of the company’s stock, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,253,463 shares of company stock valued at $105,384,810. 46.49% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on IOT. BTIG Research initiated coverage on shares of Samsara in a report on Tuesday, December 16th. They set a “buy” rating and a $55.00 price objective for the company. Piper Sandler reaffirmed an “overweight” rating and set a $37.00 target price (down from $49.00) on shares of Samsara in a research note on Friday, February 6th. Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. KeyCorp began coverage on shares of Samsara in a report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 price objective for the company. Finally, TD Cowen reiterated a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.69.

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.