PowerFleet, Inc. $AIOT Shares Newly Bought by DBA Trading LLC

DBA Trading LLC acquired a new stake in PowerFleet, Inc. (NASDAQ:AIOT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 250,000 shares of the company’s stock, valued at approximately $710,000. PowerFleet accounts for about 1.2% of DBA Trading LLC’s holdings, making the stock its 20th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Wasatch Advisors LP raised its position in PowerFleet by 16.4% during the second quarter. Wasatch Advisors LP now owns 2,608,977 shares of the company’s stock valued at $9,992,000 after acquiring an additional 367,248 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in PowerFleet by 20.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,129,670 shares of the company’s stock valued at $12,718,000 after acquiring an additional 698,112 shares during the period. Kopion Asset Management LLC lifted its holdings in PowerFleet by 36.3% in the third quarter. Kopion Asset Management LLC now owns 3,303,859 shares of the company’s stock valued at $9,383,000 after acquiring an additional 879,571 shares during the period. BlackRock Inc. acquired a new position in PowerFleet in the second quarter valued at approximately $39,489,000. Finally, AWM Investment Company Inc. purchased a new stake in PowerFleet in the 2nd quarter worth approximately $14,709,000. Institutional investors and hedge funds own 73.40% of the company’s stock.

PowerFleet Price Performance

NASDAQ:AIOT opened at $2.64 on Wednesday. PowerFleet, Inc. has a 52 week low of $2.29 and a 52 week high of $5.81. The company has a quick ratio of 0.96, a current ratio of 1.10 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $354.36 million, a PE ratio of -16.50 and a beta of 1.42. The stock’s 50-day moving average price is $2.79 and its 200-day moving average price is $3.45.

PowerFleet (NASDAQ:AIOT) last announced its quarterly earnings results on Monday, November 9th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.06. The firm had revenue of $115.72 million during the quarter, compared to analyst estimates of $114.89 million. PowerFleet had a positive return on equity of 2.36% and a negative net margin of 4.69%. During the same quarter in the previous year, the business earned ($0.02) EPS. As a group, equities analysts expect that PowerFleet, Inc. will post 0.10 EPS for the current fiscal year.

Key Headlines Impacting PowerFleet

Here are the key news stories impacting PowerFleet this week:

• Positive Sentiment: Fiscal Q2 2027 revenue reached a record $115.7 million, slightly above the $114.9 million consensus, while EPS of $0.04 beat expectations for a $0.02 loss. PowerFleet Reports Results for Second Quarter Fiscal 2027
• Positive Sentiment: PowerFleet raised its fiscal 2026 revenue guidance to $468 million–$473 million, above the $442.3 million analyst consensus—an outlook upgrade that could support investor expectations for growth.
• Positive Sentiment: Management is targeting a $495 million annualized revenue run rate in Q4 and a 27% adjusted EBITDA margin; Unity launches are also expanding the company’s pipeline. PowerFleet targets revenue run rate and adjusted EBITDA margin
• Neutral Sentiment: The company said it agreed to terms for a device-financing facility to support growth at scale; the provided information does not specify its cost or terms.
• Negative Sentiment: An earnings recap characterized cash flow as a concern, tempering the positive results, though the available headline gives no details on the size or cause. PowerFleet Q2 2027: Record Revenue, a 300% EPS Beat, and a Cash Flow Catch
• Neutral Sentiment: The short-interest item says interest increased but also reports a total of zero shares short, so the figures conflict and do not provide a reliable directional signal.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Zacks Research raised shares of PowerFleet from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Raymond James Financial lowered shares of PowerFleet from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 11th. Northland Securities set a $7.00 target price on shares of PowerFleet in a research note on Tuesday, August 11th. Barrington Research set a $10.00 price target on shares of PowerFleet in a report on Monday, August 10th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of PowerFleet in a report on Friday, September 11th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, PowerFleet presently has a consensus rating of “Hold” and an average target price of $7.40.

PowerFleet Company Profile

Powerfleet, Inc. provides connected-vehicle and asset-management solutions designed to help organizations monitor, manage and optimize mobile assets. Its platform combines Internet of Things (IoT) connectivity, telematics, location tracking and analytics to deliver visibility into vehicles, equipment, cargo and other assets. The company’s products and services support fleet management, driver safety, vehicle and equipment utilization, maintenance, logistics and supply-chain operations. Powerfleet serves a range of industries, including transportation, logistics, commercial fleets, rental and leasing, construction, manufacturing and other organizations that rely on mobile assets.