Insider Selling: Power Solutions International, Inc. (NASDAQ:PSIX) Director Sells 2,500 Shares of Stock

Power Solutions International, Inc. (NASDAQ:PSIX - Get Free Report) Director Hong He sold 2,500 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $90.03, for a total transaction of $225,075.00. Following the completion of the sale, the director directly owned 26,250 shares in the company, valued at approximately $2,363,287.50. This trade represents a 8.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Power Solutions International Price Performance

• Power Solutions International Poised for 75% Upside

Shares of Power Solutions International stock opened at $85.67 on Friday. The firm has a market cap of $1.97 billion, a PE ratio of 17.81 and a beta of 1.47. Power Solutions International, Inc. has a 12-month low of $14.26 and a 12-month high of $121.78. The company has a quick ratio of 0.67, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The company's fifty day simple moving average is $75.31 and its two-hundred day simple moving average is $46.99.

Power Solutions International (NASDAQ:PSIX - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $2.23 earnings per share (EPS) for the quarter. The business had revenue of $191.91 million for the quarter. Power Solutions International had a net margin of 18.56% and a return on equity of 136.57%.

Institutional Investors Weigh In On Power Solutions International

• 3 Stocks With High ROE and Market-Beating Growth Potential

Large investors have recently modified their holdings of the stock. Wolff Wiese Magana LLC bought a new stake in shares of Power Solutions International during the 2nd quarter valued at about $26,000. California State Teachers Retirement System bought a new stake in shares of Power Solutions International during the 2nd quarter valued at about $26,000. Ameritas Investment Partners Inc. bought a new stake in shares of Power Solutions International during the 2nd quarter valued at about $43,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Power Solutions International during the 2nd quarter valued at about $52,000. Finally, MeadowBrook Investment Advisors LLC bought a new stake in shares of Power Solutions International during the 2nd quarter valued at about $53,000. Institutional investors own 22.28% of the company's stock.

Power Solutions International Company Profile

(Get 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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