FKWL icon

Franklin Wireless

4.82 USD
-0.02
0.41%
Updated Dec 30, 11:21 AM EST
1 day
-0.41%
5 days
12.09%
1 month
13.41%
3 months
5.24%
6 months
33.89%
Year to date
43.88%
1 year
43.88%
5 years
-77.55%
10 years
-77.55%
 

About: Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.

Employees: 69

0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

250% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 2

36% more capital invested

Capital invested by funds: $3.12M [Q2] → $4.24M (+$1.12M) [Q3]

0.56% more ownership

Funds ownership: 7.29% [Q2] → 7.86% (+0.56%) [Q3]

11% less funds holding

Funds holding: 18 [Q2] → 16 (-2) [Q3]

25% less call options, than puts

Call options by funds: $3K | Put options by funds: $4K

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

Research analyst outlook

We haven’t received any recent analyst ratings for FKWL.

Financial journalist opinion

Neutral
GlobeNewsWire
5 days ago
Franklin Access (Formerly Franklin Wireless) Successfully Defends Shareholder Litigation
SAN DIEGO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Franklin Access is pleased to announce a significant legal victory in its shareholder litigation, “In re Franklin Wireless Corp. Derivative Litigation”, Case No. 21-cv-1837-BEN-MSB. On December 19th, 2024, following an 8-day jury trial, the U.S. District Court for the Southern District of California determined that the actions of the Franklin Wireless officers and directors during the relevant time period resulted in only nominal damage to the company.
Franklin Access (Formerly Franklin Wireless) Successfully Defends Shareholder Litigation
Neutral
GlobeNewsWire
6 months ago
Franklin Access Invest In A Joint Venture For 4G/5G On-Device AI Modules
SAN DIEGO, June 19, 2024 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has agreed to invest $3 million in a joint venture module business. The new joint venture will customize, market, and develop various 4G/5G mobile broadband modules and work to bring in a new era of module innovation from 4G/5G Android on-device AI modules.
Franklin Access Invest In A Joint Venture For 4G/5G On-Device AI Modules
Neutral
GlobeNewsWire
6 months ago
Franklin Wireless Now Doing Business As Franklin Access
SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Franklin Wireless, a leading provider of integrated wireless solutions, announced it will do business as Franklin Access today. This change reflects our commitment to delivering network solutions for homes and businesses.
Franklin Wireless Now Doing Business As Franklin Access
Positive
Market Watch
1 year ago
Franklin Wireless's stock jumps in premarket on heels of Sinnet Capital letter urging special dividend
Franklin Wireless Corp.'s stock FKWL, -0.32% was up by 13% in premarket trading on Thursday after its 3.2% shareholder Sinnet Capital Partners requested a special dividend and stock buyback. Sinnet Capital said Franklin Wireless should pay a special dividend of $1 a share, execute a $10 million dollar Dutch tender buyback and hire an investor relations firm to issue press releases.
Neutral
PRNewsWire
1 year ago
Stockholder issues letter to Franklin Wireless requesting the board return cash to shareholders in the form of a special dividend and a stock buyback. Sinnet Capital also urges the board to act as a public company by issuing Press Releases to widely available sources.
CLAYTON, Mo. , Dec. 28, 2023 /PRNewswire/ -- Sinnet Capital Partners, along with Managing Partner Timothy Hasara, collectively own 380,000 shares or 3.2% of the outstanding shares of Franklin Wireless (NASDAQ: FKWL), and today issued the following public letter to the Company's Board of Directors:  *** December 28, 2023 Franklin Wireless Board of Directors  Gary Nelson, O.C.
Stockholder issues letter to Franklin Wireless requesting the board return cash to shareholders in the form of a special dividend and a stock buyback. Sinnet Capital also urges the board to act as a public company by issuing Press Releases to widely available sources.
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