Evernest Financial Advisors LLC Invests $223,000 in Power Solutions International Inc (NASDAQ:PSIX)

Evernest Financial Advisors LLC bought a new stake in Power Solutions International Inc (NASDAQ:PSIX) during the 4th quarter, Holdings Channel reports. The institutional investor bought 7,500 shares of the company’s stock, valued at approximately $223,000.

Separately, Astoria Portfolio Advisors LLC. acquired a new position in shares of Power Solutions International during the 4th quarter worth about $216,000. 22.28% of the stock is owned by institutional investors.

Insider Buying and Selling at Power Solutions International

In other Power Solutions International news, major shareholder Gary S. Winemaster sold 17,461 shares of the company’s stock in a transaction on 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 represents a 0.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 50,625 shares of company stock worth $1,683,476 over the last three months. Insiders own 0.60% of the company’s stock.

Power Solutions International Trading Up 2.8 %

Shares of NASDAQ PSIX opened at $41.90 on Friday. The stock has a market cap of $963.70 million, a PE ratio of 17.75 and a beta of 0.99. Power Solutions International Inc has a fifty-two week low of $1.89 and a fifty-two week high of $45.74.

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.