Gary S. Winemaster Sells 15,181 Shares of Power Solutions International Inc (NASDAQ:PSIX) Stock

Power Solutions International Inc (NASDAQ:PSIX) major shareholder Gary S. Winemaster sold 15,181 shares of the business’s stock in a transaction on 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. The trade was a 0.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Power Solutions International Price Performance

PSIX stock opened at $35.05 on Friday. Power Solutions International Inc has a 52 week low of $1.70 and a 52 week high of $38.87. The stock has a market cap of $806.15 million, a PE ratio of 14.85 and a beta of 0.99.

Institutional Investors Weigh In On Power Solutions International

An institutional investor recently bought a new position in Power Solutions International stock. Astoria Portfolio Advisors LLC. purchased a new position in Power Solutions International Inc (NASDAQ:PSIX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,277 shares of the company’s stock, valued at approximately $216,000. Institutional investors and hedge funds own 22.28% of the company’s stock.

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.