Franklin WirelessFKWL
FKWL
About: Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.
Employees: 69
0
Funds holding %
of 7,429 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
0.28% more ownership
Funds ownership: 11.44% [Q1] → 11.72% (+0.28%) [Q2]
16% less funds holding
Funds holding: 25 [Q1] → 21 (-4) [Q2]
24% less capital invested
Capital invested by funds: $7.7M [Q1] → $5.84M (-$1.86M) [Q2]
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
93% less call options, than puts
Call options by funds: $21K | Put options by funds: $313K
Research analyst outlook
We haven’t received any recent analyst ratings for FKWL.
Financial journalist opinion
Neutral
Zacks Investment Research
2 months ago
Zacks Initiates Coverage of Franklin Wireless With Neutral Recommendation
Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates FKWL as "Neutral." Explore how its strong growth and liquidity spark optimism while customer reliance and governance concerns raise caution.
Neutral
Zacks Investment Research
3 months ago
Franklin Wireless Q3 Loss Narrows Y/Y on Higher Sales, Shares Slide
FKWL posts strong Q3 sales growth and narrower y/y loss. The stock drops 10% as investors weigh margins, costs and the new joint venture strategy.
Neutral
GlobeNewsWire
4 months ago
Franklin Access Announces the First in Its New Series of Remotely Managed M2M Routers for IoT: The Seiona – RT410S
SAN DIEGO, April 01, 2025 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has unveiled its latest product, the Seiona – RT410S, at the Channel Partners Conference in Las Vegas. The Seiona – RT410S delivers secure, stable, and reliable connectivity for a wide range of edge applications, expanding Franklin's product offerings into the multi-billion-dollar IoT market. Designed for industries such as digital signage, healthcare, ATMs, kiosks, vending machines, and EV charging stations, the Seiona – RT410S facilitates seamless data exchange between computers and automated systems, enhancing operational efficiency.
Neutral
GlobeNewsWire
6 months ago
Franklin Access Appoints Ira Greenstein to Board of Directors
SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ: FKWL) announces the appointment of Ira Greenstein to the Company's Board of Directors, effective February 17, 2025.
Neutral
GlobeNewsWire
7 months ago
Franklin Access Secures Funding for Sigbeat Joint Venture, Advancing 4G/5G and AI Module Innovation
SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Franklin Access (NASDAQ: FKWL) announced today the successful funding of its joint venture to develop 4G/5G modules and AI-powered solutions under the Sigbeat brand.
Neutral
GlobeNewsWire
8 months ago
Franklin Access (Formerly Franklin Wireless) Successfully Defends Shareholder Litigation
SAN DIEGO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Franklin Access is pleased to announce a significant legal victory in its shareholder litigation, “In re Franklin Wireless Corp. Derivative Litigation”, Case No. 21-cv-1837-BEN-MSB. On December 19th, 2024, following an 8-day jury trial, the U.S. District Court for the Southern District of California determined that the actions of the Franklin Wireless officers and directors during the relevant time period resulted in only nominal damage to the company.
Neutral
GlobeNewsWire
1 year ago
Franklin Access Invest In A Joint Venture For 4G/5G On-Device AI Modules
SAN DIEGO, June 19, 2024 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has agreed to invest $3 million in a joint venture module business. The new joint venture will customize, market, and develop various 4G/5G mobile broadband modules and work to bring in a new era of module innovation from 4G/5G Android on-device AI modules.
Neutral
GlobeNewsWire
1 year ago
Franklin Wireless Now Doing Business As Franklin Access
SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Franklin Wireless, a leading provider of integrated wireless solutions, announced it will do business as Franklin Access today. This change reflects our commitment to delivering network solutions for homes and businesses.
Positive
Market Watch
1 year ago
Franklin Wireless's stock jumps in premarket on heels of Sinnet Capital letter urging special dividend
Franklin Wireless Corp.'s stock FKWL, -0.32% was up by 13% in premarket trading on Thursday after its 3.2% shareholder Sinnet Capital Partners requested a special dividend and stock buyback. Sinnet Capital said Franklin Wireless should pay a special dividend of $1 a share, execute a $10 million dollar Dutch tender buyback and hire an investor relations firm to issue press releases.
Neutral
PRNewsWire
1 year ago
Stockholder issues letter to Franklin Wireless requesting the board return cash to shareholders in the form of a special dividend and a stock buyback. Sinnet Capital also urges the board to act as a public company by issuing Press Releases to widely available sources.
CLAYTON, Mo. , Dec. 28, 2023 /PRNewswire/ -- Sinnet Capital Partners, along with Managing Partner Timothy Hasara, collectively own 380,000 shares or 3.2% of the outstanding shares of Franklin Wireless (NASDAQ: FKWL), and today issued the following public letter to the Company's Board of Directors: *** December 28, 2023 Franklin Wireless Board of Directors Gary Nelson, O.C.
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