Stock Transaction: Powell Industries Richard Williams Sells 2,250 Shares
Williams disposed of stock while still maintaining $8 million in equity exposure.
Director Richard E. Williams of Powell Industries (NASDAQ:POWL) divested 2,250 shares of the company's common stock on August 14, 2026, as reported in an SEC Form 4 filing. The transaction's value, calculated as the weighted average sale price of $203.05 per share, amounted to $456,750. Following the sale, Williams' position in the company was valued at $479,850, based on the market close price of $213.48 per share on the same day.
Powell Industries, a specialized manufacturer of customized electrical apparatus and systems, boasts a substantial market capitalization of $7 billion and reported total revenue for the trailing twelve months (TTM) of $1.2 billion. The company's competitive edge stems from its engineering prowess in crafting bespoke power control solutions and its longstanding relationships with utility and industrial clients who necessitate mission-critical electrical infrastructure.
With a workforce of 3,143 employees and its headquarters located in Houston, Powell Industries has consistently demonstrated robust financial performance. In the trailing twelve months, the company generated a net income of $190.9 million from TTM revenue, firmly establishing itself as a leading provider of electrical equipment and power management systems.
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