TimesSquare Capital Management LLC Has $50.57 Million Stock Holdings in Samsara Inc. $IOT

TimesSquare Capital Management LLC reduced its stake in shares of Samsara Inc. (NYSE:IOT) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,357,583 shares of the company’s stock after selling 73,826 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Samsara were worth $50,570,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of Samsara during the 4th quarter valued at about $13,464,000. Royal Bank of Canada lifted its stake in Samsara by 100.3% in the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after buying an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Samsara by 2,444.6% in the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after acquiring an additional 17,088 shares in the last quarter. Empowered Funds LLC increased its holdings in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after purchasing an additional 335 shares in the last quarter. Finally, US Bancorp DE boosted its position in Samsara by 13.3% during the 2nd quarter. US Bancorp DE now owns 23,597 shares of the company’s stock worth $939,000 after acquiring an additional 2,765 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. BTIG Research started coverage on shares of Samsara in a research report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 target price for the company. Wells Fargo & Company decreased their price target on Samsara from $52.00 to $43.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a research report on Friday, December 5th. The Goldman Sachs Group initiated coverage on shares of Samsara in a report on Wednesday. They issued a “buy” rating and a $36.00 target price on the stock. Finally, Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $47.25.

Insider Activity

In other news, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction 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 owned 89,400 shares in the company, valued at $3,075,360. This represents a 74.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider John Bicket 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 of the company’s stock, valued at $3,075,360. The trade was a 74.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 3,054,011 shares of company stock worth $103,745,232. 46.49% of the stock is owned by insiders.

Samsara Price Performance

Shares of IOT opened at $27.34 on Friday. The firm has a 50 day simple moving average of $33.84 and a two-hundred day simple moving average of $36.26. Samsara Inc. has a one year low of $23.38 and a one year high of $61.90. The company has a market cap of $15.77 billion, a P/E ratio of -341.69 and a beta of 1.61.

Samsara (NYSE:IOT) last released its quarterly earnings data 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 firm had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same period last year, the business earned $0.07 EPS. The company’s revenue was up 29.2% compared to the same quarter last year. 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, analysts expect that Samsara Inc. will post -0.3 earnings per share 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.