In a filing, PowerFleet Inc revealed its Director McConnell Michael J acquired Company’s shares for reported $46400.0 on Aug 18 ’25. In the deal valued at $4.64 per share,10,000 shares were bought. As a result of this transaction, McConnell Michael J now holds 28,028 shares worth roughly $0.16 million.
Then, Towe Steven Mark bought 23,157 shares, generating $102,354 in total proceeds. Upon buying the shares at $4.42, the Chief Executive Officer now owns 2,457,923 shares.
Before that, Lewis Catherine J bought 270,000 shares. PowerFleet Inc shares valued at $1,842,559 were divested by the Officer at a price of $6.82 per share.
Price Performance Review of AIOT
On Tuesday, PowerFleet Inc [NASDAQ:AIOT] saw its stock jump 3.34% to $5.57. Over the last five days, the stock has gained 5.89%. PowerFleet Inc shares have risen nearly 8.79% since the year began. Nevertheless, the stocks have fallen -16.37% 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.
Levels Of Support And Resistance For AIOT Stock
The 24-hour chart illustrates a support level at 5.40, which if violated will result in even more drops to 5.23. On the upside, there is a resistance level at 5.72. A further resistance level may holdings at 5.87.
How much short interest is there in PowerFleet Inc?
A steep rise in short interest was recorded in PowerFleet Inc stocks on 2025-08-29, growing by 1.17 million shares to a total of 14.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 13.44 million shares. There was a rise of 8.02%, which implies that there is a positive sentiment for the stock.
