PowerFleet, Inc. (AIOT)

Over the last six months, PowerFleet's stock price has experienced fluctuations, decreasing by 2.69% in the past month and 15.12% over the last 12 months. Recent news includes the appointment of Andrew Martin as Chairman on February 3, 2026, the Third Quarter Fiscal 2026 Conference Call on February 9, 2026, and attendance at the 28th Annual Needham Growth Conference. Acquisitions in 2024, such as Fleet Complete and the merger with MiX Telematics, have reshaped PowerFleet's market position and subscriber base.

Explicit information regarding demand seasonality for PowerFleet, Inc.'s products and services was not found. The company operates in the global commercial vehicle telematics market, which is rapidly expanding, suggesting a generally growing market rather than one heavily influenced by seasonal demand fluctuations.

PowerFleet, Inc. is a global leader in AIoT SaaS for the mobile asset industry, operating within the Technology sector. It unifies business operations by integrating data from various sources, delivering AI-driven insights to enhance safety, save time, and reduce costs. The company's Unity solution portfolio includes a cloud-based, device-agnostic platform that integrates with AIoT devices and third-party business systems. PowerFleet markets its products under several brands, catering to diverse commercial and government sectors.

PowerFleet, Inc. has a global geographic footprint, serving customers in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally across 120 countries. The company's headquarters are located in New Jersey, United States, with additional offices situated around the globe.

PowerFleet maintains a strong ethical reputation, with no major controversies reported in the past year. The acquisition of Fleet Complete led to the implementation of a formal global business integrity policy. The company has received recognition from industry leaders for its commitment to advancing intelligent mobile asset solutions through artificial intelligence.

PowerFleet, Inc. is primarily owned by institutional shareholders, who hold 84.75% of the company, while PowerFleet insiders own 22.12%, and retail investors hold 0.00%. Major institutional owners include Vanguard Group Inc and BlackRock, Inc. Cannell Capital LLC is the largest individual shareholder, owning 5.11% of the company. Other insiders include Michael J. McConnell and Steven Mark Towe.