Lexington Partners L.P. Buys Shares of 23,454 Samsara Inc. $IOT

Lexington Partners L.P. bought a new position in shares of Samsara Inc. (NYSE:IOT) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 23,454 shares of the company’s stock, valued at approximately $874,000. Samsara makes up about 0.3% of Lexington Partners L.P.’s investment portfolio, making the stock its 3rd largest position.

A number of other large investors have also made changes to their positions in IOT. Vanguard Group Inc. boosted 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 worth $1,106,012,000 after buying an additional 4,307,755 shares in the last quarter. Sands Capital Management LLC lifted 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 acquiring an additional 2,833,049 shares during the period. State Street Corp boosted 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 worth $223,244,000 after acquiring an additional 2,910,916 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Samsara by 65.6% during the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock worth $193,387,000 after acquiring an additional 1,931,870 shares in the last quarter. Finally, Artisan Partners Limited Partnership grew its holdings in shares of 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 acquiring an additional 1,696,341 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

IOT has been the subject of several research reports. Piper Sandler reaffirmed an “overweight” rating and set a $37.00 price objective (down from $49.00) on shares of Samsara in a report on Friday, February 6th. Royal Bank Of Canada set a $35.00 price target on Samsara in a research note on Wednesday. Wells Fargo & Company decreased their price objective on shares of Samsara from $52.00 to $43.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. JPMorgan Chase & Co. raised their target price on shares of Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, December 5th. Finally, TD Cowen reiterated a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Two 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $47.25.

Insider Activity

In other Samsara news, insider Sanjit Biswas 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 value of $9,078,160.00. Following the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Bicket sold 263,900 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,054,011 shares of company stock worth $103,745,232 over the last quarter. 46.49% of the stock is currently owned by company insiders.

Samsara Stock Performance

Shares of IOT opened at $27.34 on Friday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $61.90. The company’s 50 day simple moving average is $33.84 and its 200 day simple moving average is $36.28. The company has a market capitalization of $15.77 billion, a price-to-earnings ratio of -341.69 and a beta of 1.61.

Samsara (NYSE:IOT) last released its earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The firm had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. During the same period in the previous year, the firm posted $0.07 earnings per share. The firm’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. Equities analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

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.