Last updated: 2 July 2024 at 4:55pm EST

Ned Mavrommatis Net Worth




The estimated Net Worth of Ned Mavrommatis is at least $3.65 Million dollars as of 16 March 2021. Mr. Mavrommatis owns over 117,314 units of PowerFleet Inc stock worth over $1,740,603 and over the last 21 years he sold PWFL stock worth over $778,580. In addition, he makes $1,126,670 as Chief Financial Officer, Treasurer, and Corporate Secretary at PowerFleet Inc.

Mr. Mavrommatis PWFL stock SEC Form 4 insiders trading

Ned has made over 7 trades of the PowerFleet Inc stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 117,314 units of PWFL stock worth $646,400 on 16 March 2021.

The largest trade he's ever made was exercising 117,314 units of PowerFleet Inc stock on 16 March 2021 worth over $646,400. On average, Ned trades about 4,279 units every 83 days since 2003. As of 16 March 2021 he still owns at least 380,876 units of PowerFleet Inc stock.

You can see the complete history of Mr. Mavrommatis stock trades at the bottom of the page.





Ned Mavrommatis biography

Ned Mavrommatis CPA serves as Chief Financial Officer, Treasurer, Corporate Secretary of the Company. Mr. Mavrommatis has served as our Chief Financial Officer since joining us in August 1999, as our Treasurer since June 2001 and as our Corporate Secretary since November 2003. Mr. Mavrommatis also serves on the board of directors of PowerFleet Israel and is the Managing Director of our wholly owned subsidiaries, PowerFleet GmbH and PowerFleet Systems Ltd. In addition, Mr. Mavrommatis currently serves on the board of directors of Duos Technologies Group, Inc. (Nasdaq: DUOT), a provider of intelligent analytical technology solutions. Prior to joining us, Mr. Mavrommatis worked in public accounting at the firm of Eisner LLP (currently known as EisnerAmper LLP). Mr. Mavrommatis received a Master of Business Administration in finance from New York University’s Leonard Stern School of Business and a Bachelor of Business Administration in accounting from Bernard M. Baruch College, The City University of New York. Mr. Mavrommatis is also a Certified Public Accountant.

What is the salary of Ned Mavrommatis?

As the Chief Financial Officer, Treasurer, and Corporate Secretary of PowerFleet Inc, the total compensation of Ned Mavrommatis at PowerFleet Inc is $1,126,670. There are 1 executives at PowerFleet Inc getting paid more, with Chris Wolfe having the highest compensation of $1,553,540.



How old is Ned Mavrommatis?

Ned Mavrommatis is 50, he's been the Chief Financial Officer, Treasurer, and Corporate Secretary of PowerFleet Inc since 2003. There are 8 older and 3 younger executives at PowerFleet Inc. The oldest executive at PowerFleet Inc is Frederick F. Muntz, 68, who is the VP of Strategic Accounts.

What's Ned Mavrommatis's mailing address?

Ned's mailing address filed with the SEC is 7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE, FL, 32256.

Insiders trading at PowerFleet Inc

Over the last 5 years, insiders at PowerFleet Inc have traded over $1,339,092 worth of PowerFleet Inc stock and bought 90,254 units worth $284,310 . The most active insiders traders include Ian Jacobs, David Wilson, and Michael J Mc Connell. On average, PowerFleet Inc executives and independent directors trade stock every 98 days with the average trade being worth of $266,093. The most recent stock trade was executed by Michael J Casey on 21 November 2022, trading 20,000 units of PWFL stock currently worth $59,400.



What does PowerFleet Inc do?

powerfleet, inc. develops, markets, and sells wireless internet-of-things and machine-to-machine solutions in the united states, israel, and internationally. the company offers industrial solutions, such as on-premise or in-facility asset and operator management, monitoring, and visibility for industrial trucks, such as forklifts and ground support equipment at airports. it also provides logistic solutions, including bumper-to-bumper asset management, monitoring, and visibility for heavy trucks, dry-van trailers, refrigerated trailers, shipping containers, etc., as well as associated cargos; and mobile-asset tracking and condition-monitoring solutions. in addition, the company offers vehicle solutions to enhance the vehicle fleet management process. further, it provides hosting, maintenance, and support and consulting services; and software as a service covering system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and softw



What does PowerFleet Inc's logo look like?

PowerFleet Inc logo

Complete history of Mr. Mavrommatis stock trades at PowerFleet Inc and Duos Technologies

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 Mar 2021 Ned Mavrommatis
Chief Financial Officer
Option 117,314 $5.51 $646,400
16 Mar 2021
380,876
21 Dec 2020 Ned Mavrommatis
Chief Financial Officer
Option 17,061 $4.55 $77,628
21 Dec 2020
234,690


PowerFleet Inc executives and stock owners

PowerFleet Inc executives and other stock owners filed with the SEC include: