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PowerSecure International (NASDAQ:POWR) Director Thomas J. Madden III acquired 1,400 shares of the stock on the open market in a transaction dated Tuesday, May 27th. The stock was purchased at an average cost of $8.50 per share, for a total transaction of $11,900.00. Following the completion of the purchase, the director now directly owns 56,050 shares in the company, valued at approximately $476,425. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of PowerSecure International (NASDAQ:POWR) opened at 8.09 on Friday. PowerSecure International has a 1-year low of $6.41 and a 1-year high of $27.44. The stock’s 50-day moving average is $15.15 and its 200-day moving average is $18.69. The company’s market cap is $180.9 million.

PowerSecure International (NASDAQ:POWR) last announced its earnings results on Wednesday, May 7th. The company reported ($0.17) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.19. The company had revenue of $52.80 million for the quarter, compared to the consensus estimate of $59.33 million. During the same quarter last year, the company posted $0.04 earnings per share. PowerSecure International’s revenue was up 17.3% compared to the same quarter last year. Analysts expect that PowerSecure International will post $-0.41 EPS for the current fiscal year.

A number of research firms have recently commented on POWR. Analysts at Craig Hallum upgraded shares of PowerSecure International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 21st. They now have a $12.00 price target on the stock, down previously from $13.00. Separately, analysts at TheStreet downgraded shares of PowerSecure International from a “buy” rating to a “hold” rating in a research note on Wednesday, May 14th. Finally, analysts at Zacks downgraded shares of PowerSecure International from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 13th. They now have a $6.30 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $14.55.

PowerSecure International, Inc is a provider of products and services to electric utilities and to their commercial, institutional and industrial customers.

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