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

DBA Trading LLC acquired a new stake in shares of PowerFleet, Inc. (NASDAQ:AIOT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 250,000 shares of the company’s stock, valued at approximately $710,000. PowerFleet makes up approximately 1.2% of DBA Trading LLC’s portfolio, making the stock its 20th biggest holding. DBA Trading LLC owned about 0.19% of PowerFleet as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of AIOT. BlackRock Inc. purchased a new position in shares of PowerFleet in the 2nd quarter valued at approximately $39,489,000. Private Management Group Inc. grew its position in PowerFleet by 4.0% during the 2nd quarter. Private Management Group Inc. now owns 5,731,137 shares of the company’s stock worth $21,950,000 after purchasing an additional 218,615 shares during the last quarter. AWM Investment Company Inc. purchased a new stake in PowerFleet during the 2nd quarter worth approximately $14,709,000. Dimensional Fund Advisors LP grew its position in PowerFleet by 20.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,129,670 shares of the company’s stock worth $12,718,000 after purchasing an additional 698,112 shares during the last quarter. Finally, Pinnacle Associates Ltd. grew its position in PowerFleet by 7.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 4,280,983 shares of the company’s stock worth $12,158,000 after purchasing an additional 296,249 shares during the last quarter. Institutional investors and hedge funds own 73.40% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on AIOT. Craig Hallum decreased their price target on shares of PowerFleet from $9.00 to $6.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. Northland Securities set a $7.00 price objective on shares of PowerFleet in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of PowerFleet from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of PowerFleet in a research report on Friday, September 11th. Finally, Raymond James Financial downgraded PowerFleet from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $7.40.

PowerFleet News Roundup

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.

PowerFleet Trading Down 5.4%

PowerFleet stock opened at $2.64 on Wednesday. The stock has a 50-day moving average price of $2.79 and a 200 day moving average price of $3.45. The company has a market capitalization of $354.36 million, a price-to-earnings ratio of -16.50 and a beta of 1.42. 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.

PowerFleet (NASDAQ:AIOT) last issued its quarterly earnings results on Monday, November 9th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.06. PowerFleet had a negative net margin of 4.69% and a positive return on equity of 2.36%. The company had revenue of $115.72 million for the quarter, compared to the consensus estimate of $114.89 million. During the same quarter in the prior year, the company earned ($0.02) EPS. Sell-side analysts anticipate that PowerFleet, Inc. will post 0.10 EPS for the current year.

About PowerFleet

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.