Ituran Location and Control (ITRN)

• Market cap: $664M
• 1 day: 0.88%
• 5 days: -0.77%
• 1 month: 7.19%
• 3 months: 24.92%
• 6 months: 26.14%
• Year to date: 6.10%
• 1 year: 34.20%
• 5 years: 31.04%
• 10 years: 58.47%

About: Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.

Employees: 2,800

Fund manager confidence

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

170% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 10

100% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 4 (+2) [Q3]

35% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 31

14% more funds holding

Funds holding: 102 [Q2] → 116 (+14) [Q3]

3% more capital invested

Capital invested by funds: $326M [Q2] → $337M (+$10.7M) [Q3]

2.65% less ownership

Funds ownership: 65.69% [Q2] → 63.05% (-2.65%) [Q3]

38% less call options, than puts

Call options by funds: $669K | Put options by funds: $1.08M