Power Solutions International Inc (NASDAQ:PSIX), saw an insider raise his holdings with the company through a transaction that began last week and was officially filed today, September 2nd. Director Samuel H. Greenwalt bought 1,000 shares through two separate transactions, at prices ranging from $66.18 to $66.3 per share. Following these moves, Greenwalt now has a total of 7,800 shares directly invested in the company. Morever, Power Solutions International Inc (NASDAQ:PSIX) is a $758.29 million market cap global producer and distributor of a ranges of high performance, certified low emission, power systems for original equipment manufacturers of off-highway industrial equipment.
In addition, billionaire Richard Driehaus is involved with the company. His hedge fund, Driehaus Capital, reported a 33% decrease in its activity over the course of the last fiscal quarter, and now has a total of 77,768 shares worth approximately $5.6 million invested in Power Solutions International Inc (NASDAQ:PSIX).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.