Bessemer Group Inc. Grows Holdings in Samsara Inc. $IOT

Bessemer Group Inc. increased its position in Samsara Inc. (NYSE:IOT) by 33.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,442,129 shares of the company’s stock after acquiring an additional 361,599 shares during the quarter. Bessemer Group Inc. owned about 0.25% of Samsara worth $57,368,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IOT. Brighton Jones LLC purchased a new stake in Samsara during the 4th quarter valued at approximately $13,464,000. Wealth Enhancement Advisory Services LLC grew its holdings in Samsara by 24.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,045 shares of the company’s stock valued at $768,000 after buying an additional 3,956 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Samsara by 47.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 9,407 shares of the company’s stock valued at $361,000 after buying an additional 3,007 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in Samsara during the 1st quarter valued at approximately $342,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in Samsara by 16.7% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 536,136 shares of the company’s stock valued at $20,550,000 after buying an additional 76,720 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara Stock Performance

NYSE IOT opened at $39.98 on Tuesday. The company has a market capitalization of $22.93 billion, a P/E ratio of -249.84 and a beta of 1.60. The stock has a 50 day moving average price of $37.73 and a 200-day moving average price of $39.29. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. Samsara’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.05 earnings per share. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. As a group, equities analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on IOT shares. BMO Capital Markets cut their price objective on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a report on Friday, September 5th. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Piper Sandler increased their target price on Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, September 5th. Morgan Stanley increased their target price on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. Finally, Royal Bank Of Canada increased their target price on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $49.55.

Insider Activity

In other Samsara news, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of Samsara stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total transaction of $30,582,910.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Sanjit Biswas sold 160,000 shares of Samsara stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $38.36, for a total transaction of $6,137,600.00. Following the transaction, the insider directly owned 36,000 shares of the company’s stock, valued at $1,380,960. The trade was a 81.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,729,363 shares of company stock valued at $140,243,015 over the last ninety days. 46.49% of the stock is owned by corporate insiders.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.