Heck Capital Advisors LLC Invests $94,000 in Power Solutions International Inc (NASDAQ:PSIX)

Heck Capital Advisors LLC purchased a new stake in shares of Power Solutions International Inc (NASDAQ:PSIX) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 3,150 shares of the company’s stock, valued at approximately $94,000.

Separately, Astoria Portfolio Advisors LLC. purchased a new position in Power Solutions International in the fourth quarter valued at about $216,000. 22.28% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 shares were sold at an average price of $36.84, for a total value of $662,493.72. Following the sale, the insider now owns 2,981,119 shares of the company’s stock, valued at $109,824,423.96. The trade was a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold 50,625 shares of company stock valued at $1,683,476 over the last ninety days. 0.60% of the stock is currently owned by insiders.

Power Solutions International Stock Up 1.0 %

Shares of PSIX stock opened at $42.31 on Monday. The company has a market cap of $973.13 million, a PE ratio of 17.93 and a beta of 0.99. 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

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.