Maxwell Technologies Inc. (NASDAQ:MXWL) CEO Franz Fink sold 4,502 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $5.95, for a total value of $26,786.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
NASDAQ MXWL traded down $0.06 during trading on Friday, hitting $5.56. The company’s stock had a trading volume of 72,700 shares, compared to its average volume of 150,400. The company has a quick ratio of 1.75, a current ratio of 2.41 and a debt-to-equity ratio of 0.33. The company has a market cap of $209.16, a P/E ratio of -6.11 and a beta of 0.31. Maxwell Technologies Inc. has a 52 week low of $4.29 and a 52 week high of $6.61.
Maxwell Technologies (NASDAQ:MXWL) last announced its quarterly earnings data on Thursday, February 15th. The electronics maker reported ($0.14) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.01). Maxwell Technologies had a negative return on equity of 30.48% and a negative net margin of 33.08%. The firm had revenue of $30.80 million for the quarter, compared to analyst estimates of $31.52 million. During the same period in the previous year, the business posted ($0.32) EPS. Maxwell Technologies’s revenue for the quarter was up 16.7% compared to the same quarter last year. sell-side analysts expect that Maxwell Technologies Inc. will post -0.64 earnings per share for the current fiscal year.
Several large investors have recently made changes to their positions in MXWL. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Maxwell Technologies during the 4th quarter worth approximately $2,612,000. Van Den Berg Management I Inc. grew its holdings in shares of Maxwell Technologies by 11.6% during the 4th quarter. Van Den Berg Management I Inc. now owns 2,269,682 shares of the electronics maker’s stock worth $13,073,000 after purchasing an additional 235,014 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Maxwell Technologies by 9.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,126,701 shares of the electronics maker’s stock worth $10,910,000 after purchasing an additional 175,641 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of Maxwell Technologies by 832.1% during the 4th quarter. Two Sigma Investments LP now owns 113,685 shares of the electronics maker’s stock worth $655,000 after purchasing an additional 101,488 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Maxwell Technologies by 7.1% during the 2nd quarter. Vanguard Group Inc. now owns 1,375,329 shares of the electronics maker’s stock worth $8,238,000 after purchasing an additional 91,179 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.
A number of research analysts recently weighed in on the company. Zacks Investment Research downgraded Maxwell Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. ValuEngine raised Maxwell Technologies from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. Oppenheimer raised Maxwell Technologies from a “market perform” rating to an “outperform” rating and set a $7.00 price objective on the stock in a research note on Friday, February 16th. Finally, UBS raised Maxwell Technologies from a “market perform” rating to an “outperform” rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $6.92.
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Maxwell Technologies Company Profile
Maxwell Technologies, Inc 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. The Company offers three product lines: Ultracapacitors, High-Voltage Capacitors and Radiation-Hardened Microelectronic Products.
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