Exchange Traded Concepts LLC Buys 107,570 Shares of Samsara Inc. $IOT

Exchange Traded Concepts LLC increased its stake in Samsara Inc. (NYSE:IOT) by 26.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 511,396 shares of the company’s stock after buying an additional 107,570 shares during the quarter. Exchange Traded Concepts LLC owned about 0.09% of Samsara worth $19,050,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of IOT. Brighton Jones LLC purchased a new stake in shares of Samsara in the fourth quarter valued at $13,464,000. Raymond James Financial Inc. boosted its stake in shares of Samsara by 54.5% during the 1st quarter. Raymond James Financial Inc. now owns 93,169 shares of the company’s stock worth $3,571,000 after purchasing an additional 32,883 shares during the period. Northern Trust Corp grew its holdings in Samsara by 37.2% during the 1st quarter. Northern Trust Corp now owns 1,082,209 shares of the company’s stock valued at $41,481,000 after purchasing an additional 293,603 shares during the last quarter. Korea Investment CORP grew its holdings in Samsara by 181.4% during the 1st quarter. Korea Investment CORP now owns 40,488 shares of the company’s stock valued at $1,552,000 after purchasing an additional 26,100 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in Samsara by 5,252.1% in the 1st quarter. Wellington Management Group LLP now owns 456,959 shares of the company’s stock worth $17,515,000 after purchasing an additional 448,421 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on IOT. BMO Capital Markets boosted their target price on Samsara from $47.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Cowen reiterated a “buy” rating on shares of Samsara in a research note on Friday, December 5th. Wells Fargo & Company lifted 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. Truist Financial upped their price target on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, September 5th. Finally, TD Cowen raised their price target on shares of Samsara from $49.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $51.53.

Samsara Trading Up 0.2%

Shares of IOT stock opened at $38.24 on Monday. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The stock has a fifty day simple moving average of $38.94 and a two-hundred day simple moving average of $38.35. The stock has a market capitalization of $21.94 billion, a price-to-earnings ratio of -478.00 and a beta of 1.61.

Samsara (NYSE:IOT) last announced 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 quarter in the prior year, the business posted $0.07 EPS. The business’s quarterly revenue 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. Research analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Adam Eltoukhy sold 18,952 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $40.72, for a total value of $771,725.44. Following the completion of the sale, the insider owned 246,675 shares of the company’s stock, valued at approximately $10,044,606. This represents a 7.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Sanjit Biswas sold 24,498 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $38.73, for a total transaction of $948,807.54. Following the transaction, the insider owned 127,000 shares in the company, valued at approximately $4,918,710. This represents a 16.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,466,473 shares of company stock worth $94,641,292. 46.49% of the stock is owned by corporate insiders.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: BTIG initiated/upgraded coverage on Samsara with a buy/strong‑buy stance, which provides institutional validation of the growth outlook and likely lifted short‑term demand. BTIG initiates coverage
• Neutral Sentiment: Coverage and press on Samsara’s Q3 results highlight revenue strength (double‑digit growth) even though profit metrics remain mixed; this keeps investor focus on execution and margin progress rather than creating a clear directional impulse. Q3 earnings coverage
• Negative Sentiment: Large insider sales by co‑founders Sanjit Biswas and John Bicket (massive reductions on Dec. 17–18 that left each with about 6,000 shares) generated more than $5M in proceeds per filing — a material drop in their holdings that can be read as diversification or concern and tends to weigh on sentiment. SEC filings and a press roundup detail the transactions. John Bicket Form 4 Sanjit Biswas Form 4 Insider selling roundup

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.