Krane Funds Advisors LLC Grows Stock Holdings in Samsara Inc. $IOT

Krane Funds Advisors LLC raised its stake in shares of Samsara Inc. (NYSE:IOT) by 277.4% in the 3rd quarter, Holdings Channel reports. The fund owned 43,074 shares of the company’s stock after acquiring an additional 31,661 shares during the quarter. Krane Funds Advisors LLC’s holdings in Samsara were worth $1,569,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in IOT. Pinegrove Venture Partners LLC lifted its holdings in shares of Samsara by 46.0% during the third quarter. Pinegrove Venture Partners LLC now owns 556,582 shares of the company’s stock worth $20,733,000 after purchasing an additional 175,411 shares during the period. Lazard Freres Gestion S.A.S. purchased a new position in Samsara during the 3rd quarter worth $2,235,000. Bessemer Group Inc. lifted its stake in shares of Samsara by 19.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company’s stock worth $64,379,000 after acquiring an additional 286,193 shares during the period. LBP AM SA raised its holdings in Samsara by 13.9% during the third quarter. LBP AM SA now owns 313,987 shares of the company’s stock worth $11,696,000 after purchasing an additional 38,235 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Samsara by 28.9% in the second quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock valued at $54,917,000 after purchasing an additional 309,920 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on IOT shares. Bank of America lifted their price objective on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a report on Friday, December 5th. Truist Financial decreased their price target on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research note on Tuesday, February 17th. BMO Capital Markets upped their price objective on Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. KeyCorp began coverage on Samsara in a report on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 target price for the company. Finally, Wells Fargo & Company decreased their target price on shares of Samsara from $52.00 to $43.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $46.69.

Insider Buying and Selling

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the firm’s 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 completion of the transaction, the insider owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This trade represents a 82.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Bicket sold 263,900 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total value of $6,827,093.00. Following the completion of the transaction, the insider directly owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This trade represents a 82.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,253,463 shares of company stock worth $105,384,810 in the last 90 days. Corporate insiders own 46.49% of the company’s stock.

Samsara Trading Down 7.7%

NYSE:IOT opened at $24.72 on Tuesday. The company has a market capitalization of $14.26 billion, a P/E ratio of -308.98 and a beta of 1.61. The firm has a 50-day moving average price of $31.87 and a two-hundred day moving average price of $35.82. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $53.00.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) 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 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 last year, the company earned $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 predict that Samsara Inc. will post -0.3 earnings per share 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.