Franklin Wireless
FKWL
Market cap $68.3M

5.80 USD

-0.99

14.58%

Updated Feb 25, 10:44 AM EST

1 day

-14.58%

5 days

-17.14%

1 month

11.54%

3 months

34.88%

6 months

42.51%

Year to date

17.65%

1 year

102.09%

5 years

-72.99%

10 years

-72.99%

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

Communication Services Telephone & Telegraph Apparatus

0

Funds holding %

of 7,290 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

700% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 1

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

13% more capital invested

Capital invested by funds: $4.24M [Q3] → $4.77M (+$536K) [Q4]

6% more funds holding

Funds holding: 16 [Q3] → 17 (+1) [Q4]

0.42% more ownership

Funds ownership: 7.86% [Q3] → 8.27% (+0.42%) [Q4]

96% less call options, than puts

Call options by funds: $4K | Put options by funds: $91K

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Research analyst outlook

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

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Financial journalist opinion

Franklin Access Appoints Ira Greenstein to Board of Directors

SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ: FKWL) announces the appointment of Ira Greenstein to the Company's Board of Directors, effective February 17, 2025.

Franklin Access Appoints Ira Greenstein to Board of Directors

Franklin Access Secures Funding for Sigbeat Joint Venture, Advancing 4G/5G and AI Module Innovation

SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Franklin Access (NASDAQ: FKWL) announced today the successful funding of its joint venture to develop 4G/5G modules and AI-powered solutions under the Sigbeat brand.

Franklin Access Secures Funding for Sigbeat Joint Venture, Advancing 4G/5G and AI Module Innovation

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

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

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

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.

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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