Evernest Financial Advisors LLC purchased a new stake in Power Solutions International Inc (NASDAQ:PSIX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,500 shares of the company's stock, valued at approximately $223,000.
Separately, Astoria Portfolio Advisors LLC. purchased a new stake in Power Solutions International in the 4th quarter valued at $216,000. 22.28% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, major shareholder Gary S. Winemaster sold 17,983 shares of the business's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $36.84, for a total value of $662,493.72. Following the transaction, the insider now owns 2,981,119 shares in the company, valued at $109,824,423.96. The trade was a 0.60 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders have sold 50,625 shares of company stock worth $1,683,476. 0.60% of the stock is owned by insiders.
Power Solutions International Price Performance
Shares of NASDAQ PSIX traded down $0.53 during trading on Tuesday, hitting $41.50. The stock had a trading volume of 363,274 shares, compared to its average volume of 385,515. The firm has a market cap of $954.50 million, a price-to-earnings ratio of 17.58 and a beta of 1.03. Power Solutions International Inc has a 12 month low of $1.89 and a 12 month high of $45.74.
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.
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