Baillie Gifford & Co. Sells 2,441,778 Shares of Samsara Inc. $IOT

Baillie Gifford & Co. reduced its stake in Samsara Inc. (NYSE:IOT) by 5.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,451,960 shares of the company’s stock after selling 2,441,778 shares during the quarter. Samsara accounts for 1.1% of Baillie Gifford & Co.’s portfolio, making the stock its 19th largest position. Baillie Gifford & Co. owned approximately 7.23% of Samsara worth $1,544,086,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara in the 2nd quarter valued at about $28,000. Versant Capital Management Inc raised its position in Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after buying an additional 851 shares during the last quarter. Whipplewood Advisors LLC lifted its stake in Samsara by 349.8% in the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after acquiring an additional 850 shares in the last quarter. Allworth Financial LP lifted its stake in Samsara by 906.9% in the 2nd quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock valued at $46,000 after acquiring an additional 1,052 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its position in Samsara by 3,202.1% during the 2nd quarter. Penserra Capital Management LLC now owns 1,585 shares of the company’s stock worth $62,000 after acquiring an additional 1,537 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Exane BNP Paribas upgraded shares of Samsara to a “strong-buy” rating in a report on Thursday, January 15th. Piper Sandler raised their target price on shares of Samsara from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. KeyCorp began coverage on shares of Samsara in a research report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 price target on the stock. Wells Fargo & Company increased their price objective on shares of Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Finally, Jefferies Financial Group set a $57.00 target price on Samsara in a research report on Wednesday, December 10th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five 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 price target of $50.56.

Samsara Price Performance

Shares of IOT stock opened at $32.08 on Friday. The company has a fifty day moving average price of $36.95 and a two-hundred day moving average price of $37.41. Samsara Inc. has a one year low of $31.25 and a one year high of $61.90. The stock has a market cap of $18.51 billion, a P/E ratio of -401.05 and a beta of 1.62.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (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 firm had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. During the same period in the previous year, the company posted $0.07 earnings per share. The firm’s revenue for the quarter was up 29.2% compared to the same quarter last year. 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 research analysts anticipate that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insider Activity at Samsara

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the sale, the insider owned 89,400 shares of the company’s stock, valued at $3,075,360. This trade represents a 74.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Bicket sold 263,900 shares of Samsara stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,874,559 shares of company stock valued at $104,019,864 over the last quarter. 46.49% of the stock is currently owned by corporate insiders.

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.