Canada Pension Plan Investment Board boosted its stake in Samsara Inc. in the first quarter, expanding ownership by 88.3% to 1,005,000 shares after purchasing an additional 471,200 shares. The position equates to roughly 0.18% of Samsara and was valued at about $38.5 million at the time of the latest filing.
Several other hedge funds and investment managers also adjusted their holdings in Samsara during the period. Gerber Kawasaki Wealth & Investment Management increased its position slightly, to 54,000 shares valued at about $2.07 million, after adding 250 shares in the last quarter. Nemes Rush Group LLC raised its stake by 7.8% to own 3,597 shares valued at about $138,000. In the fourth quarter, Tidal Investments LLC added 281 shares to bring its total to 6,403 shares worth around $280,000, while Continuum Advisory LLC increased its stake by 32.1% to 1,161 shares worth about $51,000. Cim LLC also expanded its holdings by 1.3% to 31,164 shares valued at roughly $1.36 million. Overall, institutional investors hold about 96.02% of Samsara’s stock.
Insider activity at Samsara also drew attention. Adam Eltoukhy sold 4,578 shares in a transaction dated August 20, at an average price of $32.73, reducing his stake to 358,720 shares valued at about $11.74 million. Sanjit Biswas, another insider, sold 57,177 shares around the same time at an average price of $32.58, leaving him with 243,000 shares valued at about $7.92 million. Taken together, insiders sold 2,931,317 Samsara shares worth approximately $115.64 million in the last quarter, with insiders accounting for about 46.49% of the company’s stock.
Samsara’s stock performance and valuation provide a mixed backdrop. The stock opened at $36.11, with a 50-day moving average of $36.92 and a 200-day moving average of $40.61. The company has a market capitalization of about $20.56 billion, a negative trailing price-to-earnings ratio of roughly -164.15, and a beta of 1.62. Samsara’s 52-week range runs from $31.40 to $61.90.
In its latest quarterly results, Samsara reported earnings of $0.11 per share, beating consensus estimates of $0.06, with revenue of about $366.88 million, above the expected $351.44 million. The period showed a negative net margin of 9.04% and a negative return on equity of 11.14%, though revenue was up about 30.7% year over year. Samsara projects FY 2026 earnings per share in the range of 0.390 to 0.410, and Q2 2026 earnings per share in the range of 0.060 to 0.070. Analysts, on average, expect Samsara to post a loss for the current fiscal year, around -0.3 EPS.
Analyst commentary around Samsara remains mixed. Wells Fargo & Company lifted its price target from $48 to $50 and reiterated an overweight rating. One analyst source recently shifted to a hold rating, while Truist Financial trimmed its price objective from $42 to $35 and kept a hold rating. Piper Sandler maintained an overweight rating with a price target of $47 (down from $53). BMO Capital Markets increased its target from $48 to $54 and gave an outperform rating. Overall, eight analysts have Buy ratings and nine have Hold ratings, with a consensus Hold and a mid-$40s to high-$40s target around $49.71.
Samsara describes itself as connecting physical operations data to its connected operations cloud, offering a data platform that ingests, aggregates, and enriches data from its IoT devices. The platform includes AI-enabled workflows, analytics, alerts, API connections, and security/privacy features.
Additional value for readers
– The surge in institutional ownership by CPPIB and other funds underscores a long-term investment view in Samsara, even as the stock experiences volatility and profitability pressures.
– The insider sell activity in the last quarter warrants attention for potential implications on management’s views of the company’s near-term performance, though it does not by itself indicate a broader negative outlook.
– The mix of earnings beat with a substantial negative net margin highlights the company’s top-line growth translating into ongoing profitability challenges, a key area to watch as guidance unfolds.
Optional summary for editors
– This quarter reinforces Samsara’s growth trajectory in revenue but also underscores ongoing margin and profitability headwinds amidst high investment in growth and product development. Major pension and other institutional investors are increasing exposure, signaling continued confidence in the company’s long-term positioning within the connected operations space. Readers should balance the positive earnings surprise and revenue growth against the margin pressures and the mixed analyst sentiment on near-term performance. A future update on margin improvement and the trajectory of guidance will be a critical read for investors.