Lazard Freres Gestion S.A.S. Takes Position in Samsara Inc. $IOT

Lazard Freres Gestion S.A.S. acquired a new position in Samsara Inc. (NYSE:IOT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 60,000 shares of the company’s stock, valued at approximately $2,235,000.

Several other institutional investors also recently made changes to their positions in IOT. Vident Advisory LLC lifted its position in shares of Samsara by 66.2% during the 1st quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock valued at $547,000 after acquiring an additional 5,691 shares during the period. JPMorgan Chase & Co. raised its holdings in Samsara by 28.9% during the second quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock worth $54,917,000 after purchasing an additional 309,920 shares during the last quarter. Lunate Capital Ltd purchased a new stake in Samsara during the second quarter worth $905,000. Millennium Management LLC boosted its position in Samsara by 448.9% during the first quarter. Millennium Management LLC now owns 612,859 shares of the company’s stock worth $23,491,000 after purchasing an additional 501,216 shares in the last quarter. Finally, Windmill Hill Asset Management Ltd grew its holdings in Samsara by 126.7% in the second quarter. Windmill Hill Asset Management Ltd now owns 21,665 shares of the company’s stock valued at $862,000 after purchasing an additional 12,107 shares during the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Craig Hallum upgraded Samsara from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $42.00 to $48.00 in a research report on Friday, September 5th. Wells Fargo & Company increased their target price on Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Friday, December 5th. BMO Capital Markets increased their price target on shares of Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Zacks Research upgraded shares of Samsara from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Piper Sandler boosted their target price on Samsara from $48.00 to $49.00 and gave the stock an “overweight” rating in a report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $51.53.

Insider Buying and Selling at Samsara

In other Samsara news, insider John Bicket sold 170,000 shares of the stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $38.66, for a total transaction of $6,572,200.00. Following the transaction, the insider owned 30,000 shares of the company’s stock, valued at $1,159,800. This trade represents a 85.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Sanjit Biswas sold 160,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $38.36, for a total value of $6,137,600.00. Following the completion of the sale, the insider owned 36,000 shares of the company’s stock, valued at $1,380,960. This trade represents a 81.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,459,007 shares of company stock valued at $93,495,335. 46.49% of the stock is owned by company insiders.

Samsara News Summary

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Zacks upgraded Samsara from “hold” to “strong‑buy,” which can attract short‑term buying interest and momentum flows. Read More.
• Neutral Sentiment: Broker research is broadly constructive: multiple firms recently raised targets (TD Cowen, BMO, RBC, Piper Sandler, BTIG) and the consensus remains around a “Moderate Buy” with an average target ≈ $51.50 — supportive for medium‑term upside but not enough to offset near‑term concerns. Read More.
• Neutral Sentiment: Institutional ownership is very high (≈96% held by funds), and large index/ETF positions (Vanguard, Sands, State Street) mean flows can amplify moves but also provide a stable shareholder base. This is tolerance for volatility, not an immediate catalyst. Read More.
• Negative Sentiment: Several insiders executed large sales over Dec. 29–31: co‑founders John Bicket and Sanjit Biswas sold large blocks (combined multi‑million dollar disposals). Large founder exits increase supply and can signal caution to the market. Read More.
• Negative Sentiment: Director Jonathan Chadwick and CAO Benjamin Kirchhoff also trimmed positions (10,000 and 1,683 shares respectively), adding to the negative headline of concentrated insider selling. Read More. Read More.

Samsara Price Performance

NYSE:IOT opened at $35.43 on Friday. The firm has a 50-day moving average of $38.71 and a two-hundred day moving average of $38.00. The stock has a market cap of $20.44 billion, a P/E ratio of -442.88 and a beta of 1.62. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. During the same period in the prior year, the company posted $0.07 EPS. The company’s revenue for the quarter 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. As a group, equities analysts expect that Samsara Inc. will post -0.3 earnings per share for the current year.

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.