Maxwell Technologies Inc. (NASDAQ:MXWL), saw a high level insider lower his exposure to the company today. Chief Operating Officer John Warwick disposed of 2,923 shares at an average price of $8.5503 per share, and now holds a total of 90,827 shares directly in the company. Maxwell Technologies Inc. (NASDAQ:MXWL) is a $256.58 million market cap company that develops, manufactures and markets energy storage and power delivery products for transportation, industrial, information technology and other applications and microelectronic products for space and satellite applications.
In addition, multiple hedge funds are involved with the technology company. Royce & Associates, the hedge fund run by Chuck Royce, reported a 21% decrease in its activity last quarter, and now holds 867,331 shares worth about $11.2 million; while Philip Hempleman‘s Ardsley Partners reported no change in its holdings last quarter, and now has a total of 189,500 shares worth approximately $2.45 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.