In last trading session, PowerFleet Inc (NASDAQ:AIOT) saw 1.13 million shares changing hands with its beta currently measuring 1.42. Company’s recent per share price level of $5.13 trading at $0.38 or 8.00% at ring of the bell on the day assigns it a market valuation of $679.77M. That closing price of AIOT’s stock is at a discount of -69.79% from its 52-week high price of $8.71 and is indicating a premium of 27.88% from its 52-week low price of $3.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.29 million shares which gives us an average trading volume of 2.09 million if we extend that period to 3-months.
PowerFleet Inc (NASDAQ:AIOT) trade information
Upright in the green during last session for gaining 8.00%, in the last five days AIOT remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $5.13 price level, adding 0.97% to its value on the day. PowerFleet Inc’s shares saw a change of -22.97% in year-to-date performance and have moved 8.00% in past 5-day. PowerFleet Inc (NASDAQ:AIOT) showed a performance of -17.26% in past 30-days. Number of shares sold short was 11.2 million shares which calculate 6.26 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 35.88% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -36.45% in reaching the projected high whereas dropping to the targeted low would mean a loss of -36.45% for stock’s current value.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 103.79M for the same. And 7 analysts are in estimates of company making revenue of 105.61M in the next quarter. Company posted 33.74M and 75.43M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -30.10% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -1294.92% while estimates for its earnings growth in next 5 years are of 120.23%.
PowerFleet Inc (NASDAQ:AIOT)’s Major holders
Insiders are in possession of 6.10% of company’s total shares while institution are holding 74.98 percent of that, with stock having share float percentage of 79.85%. Investors also watch the number of corporate investors in a company very closely, which is 74.98% institutions for PowerFleet Inc that are currently holding shares of the company.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 3.85 shares of worth $19.77 million or 2.91% of the total outstanding shares. The later fund manager was in possession of 2.64 shares on Mar 31, 2025 , making its stake of worth around $13.53 million in the company or a holder of 1.99% of company’s stock.
