New insider activity at Powerfleet ( (AIOT) ) has taken place on August 14, 2025.
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In a significant move, CEO Steven Mark Towe has acquired 23,157 shares of Powerfleet stock, amounting to a substantial investment of $102,353.
Recent Updates on AIOT stock
Powerfleet, Inc. has reported a strong start to fiscal year 2026, with a 38% year-over-year increase in total revenue, driven by a 53% growth in services revenue. The company’s strategic focus on high-margin SaaS solutions and successful integration of acquisitions contributed to a 58% rise in adjusted EBITDA. Despite challenges such as tariff impacts on product margins and onetime restructuring costs, Powerfleet’s earnings call reflected optimism for continued growth, supported by strategic partnerships like the one with MTN. The company raised its full-year revenue guidance to $430-$440 million, underscoring confidence in its growth trajectory. Analysts have noted the company’s strong earnings performance but highlighted bearish technical indicators and profitability challenges as factors affecting its stock valuation.
Spark’s Take on AIOT Stock
According to Spark, TipRanks’ AI Analyst, AIOT is a Neutral.
Powerfleet’s overall stock score is driven by strong earnings call insights, highlighting growth in services revenue and strategic partnerships. However, financial performance challenges, particularly in profitability and cash flow, weigh heavily on the score. The lack of technical analysis data and a negative P/E ratio further contribute to a cautious outlook.
To see Spark’s full report on AIOT stock, click here.
More about Powerfleet
YTD Price Performance: -28.57%
Average Trading Volume: 2,025,816
Technical Sentiment Signal: Sell
Current Market Cap: $620.5M