Sumitomo Mitsui DS Asset Management Company Ltd Buys 15,393 Shares of Samsara Inc. $IOT

Posted by Geri Gentry on Oct 24th, 2026

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Samsara Inc. (NYSE:IOT – Free Report) by 54.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,817 shares of the company’s stock after acquiring an additional 15,393 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Samsara were worth $1,671,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. IFP Advisors Inc lifted its stake in shares of Samsara by 157.0% in the 3rd quarter. IFP Advisors Inc now owns 9,224 shares of the company’s stock valued at $352,000 after purchasing an additional 5,635 shares during the period. Vontobel Holding Ltd. grew its stake in Samsara by 239.7% in the third quarter. Vontobel Holding Ltd. now owns 26,055 shares of the company’s stock worth $993,000 after purchasing an additional 18,384 shares during the period. Hanson & Doremus Investment Management grew its stake in Samsara by 1.2% in the third quarter. Hanson & Doremus Investment Management now owns 73,543 shares of the company’s stock worth $2,804,000 after purchasing an additional 868 shares during the period. Seelaus Asset Management LLC grew its stake in Samsara by 15.3% in the third quarter. Seelaus Asset Management LLC now owns 18,909 shares of the company’s stock worth $721,000 after purchasing an additional 2,514 shares during the period. Finally, Avior Wealth Management LLC raised its holdings in Samsara by 12.8% in the third quarter. Avior Wealth Management LLC now owns 18,005 shares of the company’s stock worth $687,000 after purchasing an additional 2,049 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

Samsara Stock Up 2.6%

Shares of IOT opened at $44.94 on Friday. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The company has a market capitalization of $26.32 billion, a P/E ratio of 280.86, a price-to-earnings-growth ratio of 10.75 and a beta of 1.35. The firm has a 50 day moving average of $40.23 and a 200 day moving average of $35.65.

Samsara (NYSE:IOT – Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The business had revenue of $508.44 million for the quarter, compared to analysts’ expectations of $483.29 million. During the same period in the prior year, the firm posted $0.12 EPS. The firm’s quarterly revenue was up 29.9% on a year-over-year basis. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, sell-side analysts expect that Samsara Inc. will post 0.13 EPS for the current year.

Analyst Upgrades and Downgrades

IOT has been the subject of several recent research reports. Wall Street Zen raised Samsara from a “hold” rating to a “buy” rating in a research report on Saturday, September 12th. TD Cowen boosted their target price on shares of Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a report on Friday, September 4th. BMO Capital Markets upped their target price on shares of Samsara from $44.00 to $54.00 and gave the stock an “outperform” rating in a research report on Friday, September 4th. Royal Bank Of Canada increased their price target on shares of Samsara from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. Finally, Bank of America increased their price target on shares of Samsara from $47.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $51.68.

View Our Latest Report on IOT

Insider Buying and Selling at Samsara

In other news, insider John Bicket sold 158,427 shares of the business’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $37.73, for a total value of $5,977,450.71. Following the completion of the transaction, the insider owned 51,600 shares in the company, valued at $1,946,868. The trade was a 75.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 158,402 shares of the company’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $37.74, for a total value of $5,978,091.48. Following the transaction, the chief executive officer directly owned 51,600 shares in the company, valued at approximately $1,947,384. The trade was a 75.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,234,114 shares of company stock valued at $88,311,353 in the last 90 days. Company insiders own 35.13% of the company’s stock.

About Samsara

(Free Report)

Samsara, Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its Samsara Connected Operations Cloud combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, facilities and frontline operations.

The company’s products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.