Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Power Solutions International Inc shares valued at $562,470 were sold by Winemaster Gary S on Jan 14 ’25. At $37.05 per share, Winemaster Gary S sold 15,181 shares. The insider’s holdings dropped to 2,999,102 shares worth approximately $120.59 million following the completion of this transaction.
Also, Winemaster Gary S purchased 68,171 shares, netting a total of over 2,014,453 in proceeds.
Before that, Winemaster Gary S had sold 39,268 shares from its account. In a trade valued at $1,156,203, the 10% Owner traded Power Solutions International Inc shares for $29.44 each. Upon closing the transaction, the insider’s holdings decreased to 39,268 shares, worth approximately $121.2 million.
Analyzing PSIX Stock Performance
During the last five days, there has been a surge of approximately 11.11%. Over the course of the year, Power Solutions International Inc shares have jumped approximately 35.16%. Shares of the company reached a 52-week high of $41.95 on 01/22/25 and a 52-week low of $28.22 on 01/03/25. A 50-day SMA is recorded $29.67, while a 200-day SMA reached $16.37. Nevertheless, trading volume fell to 0.55 million shares from 0.29 million shares the previous day.
Support And Resistance Levels for Power Solutions International Inc (PSIX)
According to the 24-hour chart, there is a support level at 37.50, which, if violated, would cause prices to drop to 34.79. In the upper region, resistance lies at 42.43. The next price resistance is at 44.66. RSI (Relative Strength Index) is 66.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.06, which suggests the price will increase in the coming days. Percent R is at 12.65%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
