Krane Funds Advisors LLC Boosts Holdings in Samsara Inc. $IOT

Krane Funds Advisors LLC lifted its holdings in Samsara Inc. (NYSE:IOT) by 277.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,074 shares of the company’s stock after purchasing an additional 31,661 shares during the period. Krane Funds Advisors LLC’s holdings in Samsara were worth $1,569,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Samsara by 6.9% in the 3rd quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company’s stock valued at $1,106,947,000 after buying an additional 1,913,474 shares during the period. Sands Capital Management LLC raised its stake in shares of Samsara by 17.2% in the second 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 in the last quarter. State Street Corp boosted its holdings in Samsara by 107.8% in the second 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. Geode Capital Management LLC grew its stake in 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 purchasing an additional 1,931,870 shares in the last quarter. Finally, Artisan Partners Limited Partnership increased its holdings in Samsara by 74.8% during the 2nd quarter. Artisan Partners Limited Partnership now owns 3,964,300 shares of the company’s stock worth $157,700,000 after purchasing an additional 1,696,341 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Samsara

In related news, insider Adam Eltoukhy sold 4,688 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $26.79, for a total value of $125,591.52. Following the completion of the sale, the insider owned 246,675 shares in the company, valued at $6,608,423.25. This represents a 1.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Bicket sold 263,900 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the sale, the insider owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This represents a 82.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,253,463 shares of company stock valued at $105,384,810 over the last ninety days. 46.49% of the stock is owned by insiders.

Wall Street Analyst Weigh In

IOT has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research note on Thursday, January 22nd. TD Cowen reiterated a “buy” rating on shares of Samsara in a research note on Friday, December 5th. JPMorgan Chase & Co. boosted their price target on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. BTIG Research assumed coverage on shares of Samsara in a report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 price objective on the stock. Finally, BNP Paribas Exane upgraded shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 target price for the company in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and a consensus target price of $46.69.

Samsara Stock Performance

Shares of IOT stock opened at $24.72 on Tuesday. The stock’s 50-day moving average is $31.87 and its two-hundred day moving average is $35.82. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $53.00. The firm has a market cap of $14.26 billion, a price-to-earnings ratio of -308.98 and a beta of 1.61.

Samsara (NYSE:IOT) last posted its 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 firm had revenue of $415.98 million during 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 firm’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 earnings per share. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, research analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

About Samsara

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.