Bamco Inc. NY Boosts Stake in Samsara Inc. $IOT

Institutional investor increases holdings in IoT company Samsara by nearly 24% in Q3

Mar. 15, 2026 at 9:38am

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Bamco Inc. NY, a major institutional investor, increased its stake in Samsara Inc. (NYSE:IOT) by 23.7% during the third quarter of 2026, according to a recent SEC filing. Bamco now owns 3,378,831 shares of the IoT company's stock, worth over $125 million and representing 0.59% ownership.

Why it matters

Samsara's IoT platform and connected devices are seeing growing adoption across industries, and major investors like Bamco are taking larger positions as they see potential in the company's growth prospects. This move signals confidence in Samsara's business model and technology amid a competitive industrial IoT landscape.

The details

Bamco Inc. NY, an investment management firm based in New York, increased its holdings in Samsara Inc. by 647,402 shares in the third quarter of 2026. This brought Bamco's total stake in Samsara to 3,378,831 shares, or 0.59% ownership of the company. Other large investors have also been building positions in Samsara, including Versant Capital Management Inc. and Optiver Holding B.V.

  • Bamco Inc. NY increased its stake in Samsara during the third quarter of 2026.
  • Samsara's stock price closed at $31.70 on Friday, March 15, 2026.

The players

Bamco Inc. NY

A major institutional investment firm based in New York that has increased its stake in Samsara Inc. by 23.7% to become a top shareholder.

Samsara Inc.

A company that develops an industrial Internet of Things (IoT) platform to help organizations monitor, manage, and optimize physical operations across industries.

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The takeaway

Samsara's ability to attract increased investment from major institutional players like Bamco suggests the company's IoT technology and business model are resonating with the market, positioning it well for continued growth in the industrial automation and optimization space.