Astoria Portfolio Advisors LLC. purchased a new stake in shares of Power Solutions International Inc (NASDAQ:PSIX - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,277 shares of the company's stock, valued at approximately $216,000.
Power Solutions International Trading Down 2.6 %
NASDAQ PSIX traded down $0.92 on Monday, hitting $35.05. 163,564 shares of the stock traded hands, compared to its average volume of 291,686. Power Solutions International Inc has a 12 month low of $1.70 and a 12 month high of $38.87. The firm has a market cap of $806.15 million, a price-to-earnings ratio of 14.85 and a beta of 0.99.
Insider Activity
In other news, major shareholder Gary S. Winemaster sold 17,461 shares of Power Solutions International stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $26.26, for a total value of $458,525.86. Following the completion of the transaction, the insider now owns 3,053,551 shares in the company, valued at $80,186,249.26. This trade represents a 0.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.60% of the company's stock.
Power Solutions International Company Profile
(
Free Report)
Power Solutions International, Inc engages in the design, manufacture, and trade of power systems and electrical power generation equipment. The firm provides integrated turnkey solutions to global original equipment manufacturers and end-user customers within the energy, industrial, and transportation end markets.
Further Reading
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