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Gary S. Winemaster, a significant shareholder of Power Solutions International, Inc. (NASDAQ:PSIX), recently sold 2,000 shares of the company’s common stock. The shares were sold at an average price of $23.2739 each, amounting to a total transaction value of $46,547. The transaction comes as PSIX shares have shown remarkable performance, delivering over 1,000% return in the past year. According to InvestingPro analysis, the stock currently trades at an attractive P/E ratio of 8.7. Following this sale, Winemaster retains direct ownership of 2,944,281 shares. Additionally, there are 681 shares indirectly owned by his spouse. Power Solutions International, with a market capitalization of $571 million, is known for its work in the engines and turbines sector, and this transaction is a notable move for investors to consider. InvestingPro data reveals the company maintains a GREAT financial health score, with 11 additional exclusive insights available to subscribers.
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