Powell Industries VP Mauney sells $56,488 in stock

William Marshall Mauney Jr., Vice President of Research & Development at Powell Industries Inc. (NASDAQ:POWL), recently reported transactions involving the company’s common stock. Mr. Mauney sold shares valued at approximately $56,488 and acquired additional shares totaling about $95,376.

On September 30, 2026, Mr. Mauney disposed of 301 shares of Powell Industries common stock. These shares were sold at a price of $187.67 per share, which represents the average of the high and low stock prices on that day. The total value of this sale amounted to $56,488. The stock has since declined to $165.14, down nearly 14% over the past week and more than 31% over the last six months from its 52-week high of $328.

Subsequently, on October 1, 2026, Mr. Mauney acquired 525 shares of common stock. The acquisition price for these shares was $181.67 per share, reflecting the average closing stock price from September 1 to September 30, 2026. This transaction had a total value of $95,376.

Following these reported transactions, Mr. Mauney beneficially owns 11,077 shares of common stock. The reported number of shares has been adjusted to reflect the impact of the issuer’s 3-for-1 forward split of its common stock, which took effect on April 2, 2026. The beneficial ownership also includes shares that have a time-based vesting provision.For deeper insights into Powell Industries’ valuation and insider activity context, InvestingPro offers a comprehensive Pro Research Report with expert analysis and additional ProTips for this $6.22 billion company.

In other recent news, Powell Industries reported its fiscal third-quarter 2026 results, revealing revenue of $312 million and adjusted earnings of $1.42 per share. These figures were slightly below Wall Street expectations, despite the company posting record orders and a record backlog. Revenue rose by 9% compared to the previous year but missed forecasts by approximately 1.46%. Cantor Fitzgerald responded to these developments by lowering its price target for Powell Industries to $235 from $320, while maintaining a Neutral rating on the stock. The firm cited discussions with the company’s chief financial officer as the basis for adjusting its outlook. Additionally, Cantor Fitzgerald reiterated its Neutral rating and $235 price target after meeting with Powell Industries’ executives and touring their Houston facility. The firm emphasized the company’s configured-to-order approach, which management believes can enhance output and stabilize revenue margins. These updates reflect recent developments concerning Powell Industries.