Maxwell Technologies, Inc. (NASDAQ:MXWL) has been given a consensus recommendation of “Hold” by the six research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $5.50.

MXWL has been the topic of a number of research reports. Zacks Investment Research cut Maxwell Technologies from a “buy” rating to a “hold” rating in a report on Monday, May 1st. Cowen and Company restated a “neutral” rating and issued a $6.00 price target (down previously from $7.00) on shares of Maxwell Technologies in a report on Friday, April 14th. Roth Capital restated a “neutral” rating and issued a $6.00 price target on shares of Maxwell Technologies in a report on Friday, April 14th. Finally, ValuEngine upgraded Maxwell Technologies from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd.

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In related news, Director Jorg Buchheim bought 60,000 shares of the stock in a transaction on Wednesday, June 14th. The shares were purchased at an average price of $5.78 per share, for a total transaction of $346,800.00. Following the acquisition, the director now owns 75,653 shares in the company, valued at $437,274.34. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.54% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in MXWL. American International Group Inc. boosted its stake in shares of Maxwell Technologies by 7.1% in the first quarter. American International Group Inc. now owns 19,390 shares of the electronics maker’s stock worth $113,000 after buying an additional 1,277 shares during the period. Ironwood Investment Management LLC boosted its stake in shares of Maxwell Technologies by 4.7% in the first quarter. Ironwood Investment Management LLC now owns 47,778 shares of the electronics maker’s stock worth $278,000 after buying an additional 2,160 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of Maxwell Technologies by 5.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 123,038 shares of the electronics maker’s stock worth $715,000 after buying an additional 6,669 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Maxwell Technologies by 6.6% in the first quarter. Bank of New York Mellon Corp now owns 238,288 shares of the electronics maker’s stock worth $1,385,000 after buying an additional 14,819 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Maxwell Technologies by 7.4% in the first quarter. Geode Capital Management LLC now owns 239,419 shares of the electronics maker’s stock worth $1,391,000 after buying an additional 16,469 shares during the period. Hedge funds and other institutional investors own 46.27% of the company’s stock.

Shares of Maxwell Technologies (NASDAQ:MXWL) remained flat at $5.89 during trading on Tuesday. The company had a trading volume of 17,231 shares. The company has a 50 day moving average of $5.83 and a 200 day moving average of $5.54. Maxwell Technologies has a 1-year low of $4.20 and a 1-year high of $6.48. The firm’s market cap is $189.63 million.

Maxwell Technologies (NASDAQ:MXWL) last released its quarterly earnings results on Tuesday, May 9th. The electronics maker reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.04. The business had revenue of $26.69 million for the quarter, compared to analysts’ expectations of $25.79 million. Maxwell Technologies had a negative return on equity of 27.94% and a negative net margin of 24.18%. The company’s revenue was down 24.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.14) EPS. On average, analysts predict that Maxwell Technologies will post ($0.67) EPS for the current fiscal year.

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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