Envestnet Asset Management Inc. Has $18.98 Million Stock Position in Samsara Inc. $IOT

Envestnet Asset Management Inc. lifted its holdings in shares of Samsara Inc. (NYSE:IOT) by 606.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 509,554 shares of the company’s stock after acquiring an additional 437,382 shares during the period. Envestnet Asset Management Inc. owned approximately 0.09% of Samsara worth $18,981,000 at the end of the most recent reporting period.

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

Samsara Stock Performance

Shares of IOT stock opened at $27.34 on Friday. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $61.90. The firm’s 50-day simple moving average is $33.84 and its two-hundred day simple moving average is $36.26. The firm has a market cap of $15.77 billion, a price-to-earnings ratio of -341.69 and a beta of 1.61.

Samsara (NYSE:IOT) last issued 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 company had revenue of $415.98 million for the quarter, compared to analysts’ expectations of $398.92 million. Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The company’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter in the previous year, the business 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. Analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Sanjit Biswas sold 263,900 shares of the 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 transaction, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Bicket sold 263,900 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the sale, the insider owned 89,400 shares in the company, valued at $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,054,011 shares of company stock worth $103,745,232 in the last ninety days. Insiders own 46.49% of the company’s stock.

Analyst Upgrades and Downgrades

IOT has been the topic of a number of analyst reports. Royal Bank Of Canada set a $35.00 price objective on shares of Samsara in a report on Wednesday. Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Bank of America increased their price objective on shares of Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. TD Cowen reissued a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Finally, The Goldman Sachs Group started coverage on Samsara in a report on Wednesday. They issued a “buy” rating and a $36.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $47.25.

Samsara Company 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.