PowerFleet, Inc. Common StockAIOT
Market Cap: $487M
About: PowerFleet Inc is engaged in Internet-of-Things (IoT) solutions providing valuable business intelligence for managing high-value enterprise assets that improve operational efficiencies. It provide critical information that powers unified operations throughout organizations. It is solving the challenge of inefficient data collection, real-time visibility, and analysis that leads to transformative business operations. Its SaaS cloud-based applications take data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customer.
Employees: 1,954
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
358% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $349K
96% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 24
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
39% more capital invested
Capital invested by funds: $208M [Q1] → $288M (+$80.5M) [Q2]
26% more funds holding
Funds holding: 87 [Q1] → 110 (+23) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barrington Research Gary Prestopino 46% 1-year accuracy 44 / 96 met price target | 121%upside $10 | Outperform Maintained | 26 Aug 2024 |
Barrington Research Gary Prestopino 46% 1-year accuracy 44 / 96 met price target | 121%upside $10 | Outperform Maintained | 22 Aug 2024 |
Barrington Research Gary Prestopino 46% 1-year accuracy 44 / 96 met price target | 121%upside $10 | Outperform Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 5 articles about AIOT published over the past 30 days