Shares of Power Solutions International Inc (NASDAQ:PSIX – Get Free Report) were up 8% during trading on Monday . The company traded as high as $33.91 and last traded at $32.92. Approximately 33,092 shares changed hands during trading, a decline of 89% from the average daily volume of 307,803 shares. The stock had previously closed at $30.49.
Power Solutions International Stock Up 13.7 %
The stock’s fifty day moving average price is $35.66. The stock has a market cap of $797.41 million, a P/E ratio of 14.69 and a beta of 1.04.
Insider Activity at Power Solutions International
In related news, major shareholder Gary S. Winemaster sold 15,181 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $37.05, for a total transaction of $562,456.05. Following the completion of the sale, the insider now directly owns 2,999,102 shares of the company’s stock, valued at approximately $111,116,729.10. This trade represents a 0.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have sold 50,625 shares of company stock worth $1,683,476. Insiders own 0.60% of the company’s stock.
Institutional Inflows and Outflows
Power Solutions International Company Profile
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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