The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. PowerFleet Inc shares valued at $46,400 were purchased by McConnell Michael J on Aug 18 ’25. At $4.64 per share, McConnell Michael J acquired 10,000 shares. The insider’s holdings grew to 28,028 shares worth approximately $0.15 million following the completion of this transaction.
Also, Towe Steven Mark purchased 23,157 shares, netting a total of over 102,354 in proceeds. Following the buying of shares at $4.42 each, the insider now holds 2,457,923 shares.
Before that, Lewis Catherine J had added 270,000 shares to its account. In a trade valued at $1,842,559, the Officer bought PowerFleet Inc shares for $6.82 each.
Analyzing AIOT Stock Performance
On last trading session, PowerFleet Inc [NASDAQ: AIOT] rose 1.72% to $5.33. The stock’s lowest price that day was $5.19, but it reached a high of $5.34 in the same session. Over the course of the year, PowerFleet Inc shares have jumped approximately 2.70%. Shares of the company reached a 52-week high of $8.71 on 02/11/25 and a 52-week low of $3.70 on 04/04/25.
Support And Resistance Levels for PowerFleet Inc (AIOT)
According to the 24-hour chart, there is a support level at 5.23, which, if violated, would cause prices to drop to 5.14. In the upper region, resistance lies at 5.38. The next price resistance is at 5.44. RSI (Relative Strength Index) is 59.52 on the 14-day chart, showing neutral technical sentiment.
Is PowerFleet Inc subject to short interest?
Stocks of PowerFleet Inc saw a sharp steep in short interest on 2025-09-15 dropping by -0.5 million shares to 13.78 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 14.27 million shares. A decline of -3.6% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 8.44 of the overall float, the days-to-cover ratio (short ratio) decline to 8.44.
Which companies own the most shares of PowerFleet Inc (AIOT)?
In terms of PowerFleet Inc share price expectations, FactSet research, analysts set an average price target of 8 in the next 12 months, up nearly 52.67% from the previous closing price of $5.24. Analysts anticipate PowerFleet Inc stock to reach 8 by 2025, with the lowest price target being 8.
