{
  "id": 15272643,
  "title": "Powell Industries VP Mauney sells $56,488 in stock",
  "url": "https://urgent.news/2026/10/17/powell-industries-vp-mauney-sells-56-488-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T20:16:14.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/powell-industries-vp-mauney-sells-56488-in-stock-93CH-4955554"
  },
  "original_language": "en",
  "account": null,
  "summary": "William Marshall Mauney Jr., Vice President of Research & Development at Powell Industries Inc., sold $56,488 worth of the company's common stock on September 30, 2026, and then acquired an additional $95,376 worth of shares on October 1, 2026. The sold shares, valued at $187.67 per share, represented a 14% decrease from its 52-week high of $328. Mauney's beneficial ownership of the company's stock is currently 11,077 shares, adjusted for a 3-for-1 forward stock split that took effect on April 2, 2026. Powell Industries reported its fiscal third-quarter 2026 results, with revenue of $312 million and adjusted earnings of $1.42 per share, slightly below Wall Street expectations. Despite this, the company posted record orders and a record backlog. The stock price has since declined, with Cantor Fitzgerald lowering its price target to $235 from $320, citing discussions with the company's CFO and emphasizing the company's configured-to-order approach.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}