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Maxwell Technologies (NASDAQ:MXWL) COO John Warwick unloaded 2,923 shares of Maxwell Technologies stock on the open market in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $8.55, for a total transaction of $24,991.65. Following the completion of the transaction, the chief operating officer now directly owns 90,827 shares of the company’s stock, valued at approximately $776,571. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Maxwell Technologies in a research note on Monday. They now have a $10.00 price target on the stock. Separately, analysts at Roth Capital cut their price target on shares of Maxwell Technologies to $15.00 in a research note on Friday, August 1st. Finally, analysts at Piper Jaffray cut their price target on shares of Maxwell Technologies from $22.00 to $18.00 in a research note on Friday, August 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $16.83.

Shares of Maxwell Technologies (NASDAQ:MXWL) traded down 2.17% during mid-day trading on Thursday, hitting $8.55. 445,772 shares of the company’s stock traded hands. Maxwell Technologies has a one year low of $6.75 and a one year high of $18.43. The stock has a 50-day moving average of $13.49 and a 200-day moving average of $13.36. The company has a market cap of $249.7 million and a price-to-earnings ratio of 109.25.

Maxwell Technologies (NASDAQ:MXWL) last posted its quarterly earnings results on Thursday, July 31st. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.05. The company had revenue of $46.10 million for the quarter, compared to the consensus estimate of $45.86 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was down 17.1% on a year-over-year basis. Analysts expect that Maxwell Technologies will post $-0.15 EPS for the current fiscal year.

Maxwell Technologies, Inc (NASDAQ:MXWL) 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.

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