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

JPMorgan Chase & Co. lifted its stake in Samsara Inc. (NYSE:IOT) by 20.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,664,688 shares of the company’s stock after purchasing an additional 284,174 shares during the period. JPMorgan Chase & Co.’s holdings in Samsara were worth $62,010,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Samsara by 18.3% during the 2nd quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after buying an additional 4,307,755 shares in the last quarter. Norges Bank purchased a new position in shares of Samsara during the second quarter worth approximately $134,950,000. State Street Corp increased its position in shares of Samsara by 107.8% during the second 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 during the period. Sands Capital Management LLC raised its stake in shares of Samsara by 17.2% during 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. Finally, Nordea Investment Management AB raised its stake in shares of Samsara by 9,044.6% during the third quarter. Nordea Investment Management AB now owns 2,077,481 shares of the company’s stock valued at $75,174,000 after acquiring an additional 2,054,763 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analysts Set New Price Targets

IOT has been the topic of several research analyst reports. BNP Paribas Exane upgraded Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Thursday, January 15th. KeyCorp initiated coverage on Samsara in a research report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 price target on the stock. TD Cowen restated a “buy” rating on shares of Samsara in a research note on Friday, December 5th. Royal Bank Of Canada set a $35.00 price objective on Samsara in a report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.69.

Insider Buying and Selling at Samsara

In related news, insider Sanjit Biswas sold 263,900 shares of the business’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 transaction, the insider directly owned 89,400 shares in the company, valued at $3,075,360. The trade was a 74.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 value of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares in the company, valued at $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,253,463 shares of company stock worth $105,384,810 over the last ninety days. Corporate insiders own 46.49% of the company’s stock.

Samsara Price Performance

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

Samsara (NYSE:IOT) last released its quarterly 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 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 analysts’ expectations of $398.92 million. During the same period in the previous year, the company posted $0.07 earnings per share. The business’s quarterly 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. As a group, sell-side analysts expect 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.