18,402 Shares in Samsara Inc. $IOT Bought by Banco Santander S.A.

Banco Santander S.A. bought a new stake in Samsara Inc. (NYSE:IOT) during the 3rd quarter, HoldingsChannel reports. The firm bought 18,402 shares of the company’s stock, valued at approximately $685,000.

A number of other large investors have also recently bought and sold shares of the business. Brighton Jones LLC acquired a new position in shares of Samsara in the 4th quarter valued at about $13,464,000. Royal Bank of Canada increased its holdings in Samsara by 100.3% in the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after purchasing an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Samsara by 2,444.6% in the first quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after buying an additional 17,088 shares during the period. Empowered Funds LLC boosted its holdings in shares of 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 buying an additional 335 shares in the last quarter. Finally, AlphaQuest LLC grew its position in shares of Samsara by 91.6% during the 2nd quarter. AlphaQuest LLC now owns 1,995 shares of the company’s stock worth $79,000 after buying an additional 954 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Price Performance

NYSE:IOT opened at $28.90 on Friday. Samsara Inc. has a one year low of $23.38 and a one year high of $48.66. The company has a market cap of $16.68 billion, a PE ratio of -361.25 and a beta of 1.61. The firm has a 50-day moving average of $31.03 and a 200-day moving average of $35.65.

Samsara (NYSE:IOT) last announced 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 business had revenue of $415.98 million during the quarter, compared to the consensus estimate 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 was up 29.2% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, equities research analysts expect that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Piper Sandler reiterated an “overweight” rating and set a $37.00 target price (down from $49.00) on shares of Samsara in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their price objective on shares of Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, December 5th. KeyCorp cut their price objective on shares of Samsara from $55.00 to $40.00 and set an “overweight” rating on the stock in a research report on Friday. Wells Fargo & Company decreased their target price on Samsara from $52.00 to $43.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group set a $57.00 price target on Samsara in a research note on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and an average price target of $45.13.

Insider Activity at Samsara

In related news, insider John Bicket sold 263,900 shares of the company’s 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 sale, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Sanjit Biswas sold 263,900 shares of the firm’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 transaction, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,253,463 shares of company stock worth $105,384,810. 46.49% of the stock is owned by insiders.

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.