Ituran Location and Control Ltd. (ITRN)
NASDAQ: ITRN · Real-Time Price · USD
27.26
+0.08 (0.29%)
Nov 20, 2024, 4:00 PM EST - Market closed

Company Description

Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products.

It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.

This segment also delivers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing services.

This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers.

The Telematics Products segment offers Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual.

The company was incorporated in 1994 and is headquartered in Azor, Israel.

Ituran Location and Control Ltd.
Ituran Location and Control logo
Country Israel
Founded 1994
IPO Date Sep 28, 2005
Industry Scientific & Technical Instruments
Sector Technology
Employees 2,841
CEO Nir Sheratzky

Contact Details

Address:
3 Hashikma Street
Azor, 5800182
Israel
Phone 972 3 557 1333
Website ituran.com

Stock Details

Ticker Symbol ITRN
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001337117
CUSIP Number M6158M104
ISIN Number IL0010818685
SIC Code 5065

Key Executives

Name Position
Ami Saranga Deputy Chief Executive Officer
Udi Mizrahi Deputy Chief Executive Officer of International Operation and Vice President of Finance
Eyal Sheratzky Co-Chief Executive Officer and Director
Nir Sheratzky Co-Chief Executive Officer and Director
Izzy Sheratzky Co-Founder, President and Director
Gil Sheratzky Intl. Activity and Business Development Officer and Director
Shahar Sheratzky Vice President and Head of Business Division
Prof. Yehuda Kahana Ph.D. Co-Founder and Director
Guy Aharonov General Counsel and Vice President of Legal

Latest SEC Filings

Date Type Title
Nov 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 13, 2024 6-K Report of foreign issuer
Nov 12, 2024 6-K Report of foreign issuer
Oct 15, 2024 6-K Report of foreign issuer
Oct 15, 2024 6-K Report of foreign issuer
Oct 2, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Sep 30, 2024 6-K Report of foreign issuer
Aug 19, 2024 6-K Report of foreign issuer
Aug 19, 2024 6-K Report of foreign issuer
Aug 14, 2024 6-K Report of foreign issuer