Steven Mark Towe net worth and biography

Steven Towe Biography and Net Worth

CEO of PowerFleet

With a proven track record of scaling high value, global technology organizations, Towe joins Powerfleet from Aptos, the global leader of unified commerce solutions in the retail enterprise SaaS market, where he successfully served as President and Chief Operating Officer for the past five years.

In prior positions with both publicly traded and private equity backed companies, Towe has gained more than 16 years of strategic leadership experience on the global SaaS IoT stage. Most notably, he served as Chief Commercial Officer of Masternaut, a global telematics provider, where he was instrumental in delivering robust revenue growth and profit expansion during his tenure from 2011 to 2016.

Previously, Towe achieved significant international organic growth alongside market consolidation as Managing Director of the highly acquisitive telemetry data business Cybit. He also held senior executive level positions for the high velocity, fleet management subsidiary of the Trafficmaster Group, Fleetstar Information Systems.

What is Steven Mark Towe's net worth?: The estimated net worth of Steven Mark Towe is at least $7.47 million as of August 14th, 2025. Mr. Towe owns 2,457,923 shares of PowerFleet stock worth more than $7,472,086 as of April 2nd. This net worth approximation does not reflect any other assets that Mr. Towe may own. Learn More about Steven Mark Towe's net worth.
How do I contact Steven Mark Towe?: The corporate mailing address for Mr. Towe and other PowerFleet executives is 123 TICE BLVD., WOODCLIFF LAKE, NJ, 07677. PowerFleet can also be reached via phone at (201) 996-9000 and via email at [email protected]. Learn More on Steven Mark Towe's contact information.
Has Steven Mark Towe been buying or selling shares of PowerFleet?: Steven Mark Towe has not been actively trading shares of PowerFleet over the course of the past ninety days. Most recently, on Thursday, August 14th, Steven Mark Towe bought 23,157 shares of PowerFleet stock. The stock was acquired at an average cost of $4.42 per share, with a total value of $102,353.94. Following the completion of the transaction, the chief executive officer now directly owns 2,457,923 shares of the company's stock, valued at $10,864,019.66. Learn More on Steven Mark Towe's trading history.
Who are PowerFleet's active insiders?: PowerFleet's insider roster includes Catherine Lewis (Chief Customer Officer), and Steven Towe (CEO). Learn More on PowerFleet's active insiders.
Are insiders buying or selling shares of PowerFleet?: During the last twelve months, PowerFleet insiders bought shares 2 times. They purchased a total of 33,157 shares worth more than $148,753.94. The most recent insider tranaction occured on August, 18th when Director Michael J Mcconnell bought 10,000 shares worth more than $46,400.00. Insiders at PowerFleet own 6.3% of the company. Learn More about insider trades at PowerFleet.
Information on this page was last updated on 8/18/2025.

Steven Mark Towe Insider Trading History at PowerFleet

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/14/2025	Buy	23,157	$4.42	$102,353.94	2,457,923

Steven Mark Towe Buying and Selling Activity at PowerFleet

PowerFleet Company Overview

PowerFleet, Inc. engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets. It operates through the following geographical segments: United States, Israel, and Other. The company was founded in 1993 and is headquartered in Woodcliff Lake, NJ.

Today's Range

Now: $2.98

$2.91

$3.02

50 Day Range

MA: $3.82

$2.79

$5.52

2 Week Range

Now: $2.98

$2.78

$6.07

Volume

124,242 shs

Average Volume

1,559,385 shs

Market Capitalization

$399.10 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.4