PowerFleet Inc’s recent filing unveils that its Officer Lewis Catherine J acquired Company’s shares for reported $1.84 million on Dec 05 ’24. In the deal valued at $6.82 per share,270,000 shares were bought.
Then, Lewis Catherine J sold 187,990 shares, generating $1,265,173 in total proceeds. Upon selling the shares at $6.73, the Chief Customer Officer now owns 52,972 shares.
Before that, Lewis Catherine J sold 82,010 shares. PowerFleet Inc shares valued at $578,170 were divested by the Chief Customer Officer at a price of $7.05 per share. As a result of the transaction, Lewis Catherine J now holds 240,962 shares, worth roughly $1.08 million.
Price Performance Review of AIOT
On Monday, PowerFleet Inc [NASDAQ:AIOT] saw its stock jump 5.39% to $4.50. Over the last five days, the stock has lost -18.03%. PowerFleet Inc shares have fallen nearly -32.43% since the year began. Nevertheless, the stocks have fallen -1.53% over the past one year. While a 52-week high of $8.71 was reached on 02/11/25, a 52-week low of $3.70 was recorded on 04/04/25. SMA at 50 days reached $6.35, while 200 days put it at $5.64.
Levels Of Support And Resistance For AIOT Stock
The 24-hour chart illustrates a support level at 4.07, which if violated will result in even more drops to 3.65. On the upside, there is a resistance level at 4.85. A further resistance level may holdings at 5.21. The Relative Strength Index (RSI) on the 14-day chart is 31.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.15%. Stochastics %K at 17.86% indicates the stock is a buying.
How much short interest is there in PowerFleet Inc?
A steep rise in short interest was recorded in PowerFleet Inc stocks on 2025-03-14, growing by 1.44 million shares to a total of 9.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.23 million shares. There was a rise of 14.86%, which implies that there is a positive sentiment for the stock.
