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Maxwell Technologies (NASDAQ:MXWL) Director Mark Rossi acquired 5,000 shares of the stock in a transaction dated Friday, August 8th. The shares were purchased at an average price of $8.82 per share, with a total value of $44,100.00. Following the completion of the purchase, the director now directly owns 140,658 shares in the company, valued at approximately $1,240,604. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Maxwell Technologies (NASDAQ:MXWL) traded up 4.31% during mid-day trading on Monday, hitting $9.19. 646,853 shares of the company’s stock traded hands. Maxwell Technologies has a 52-week low of $6.75 and a 52-week high of $18.43. The stock has a 50-day moving average of $12.70 and a 200-day moving average of $13.33. The company has a market cap of $268.4 million and a P/E ratio of 110.13.

Maxwell Technologies (NASDAQ:MXWL) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.04) earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.15 earnings per share. Maxwell Technologies’s revenue was down 17.1% compared to the same quarter last year. Analysts expect that Maxwell Technologies will post $-0.15 EPS for the current fiscal year.

MXWL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Maxwell Technologies in a research note on Monday, August 4th. 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 analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Maxwell Technologies has an average rating of “Buy” and a consensus target price of $16.83.

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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