Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Shares Bought by Kennedy Capital Management Inc.

Kennedy Capital Management Inc. increased its position in Pioneer Power Solutions, Inc. (NASDAQ:PPSI) by 1.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 701,896 shares of the company’s stock after purchasing an additional 11,534 shares during the quarter. Kennedy Capital Management Inc. owned approximately 0.08% of Pioneer Power Solutions worth $3,411,000 as of its most recent SEC filing.

Separately, North Star Investment Management Corp. grew its stake in Pioneer Power Solutions by 5.2% in the first quarter. North Star Investment Management Corp. now owns 678,514 shares of the company’s stock worth $3,298,000 after purchasing an additional 33,365 shares in the last quarter. 24.82% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages recently issued reports on PPSI. Zacks Investment Research raised Pioneer Power Solutions from a “hold” rating to a “buy” rating and set a $6.00 price objective on the stock in a research note on Friday, March 8th. ValuEngine cut Pioneer Power Solutions from a “sell” rating to a “strong sell” rating in a research note on Monday, April 1st.

Shares of NASDAQ:PPSI opened at $4.95 on Friday. Pioneer Power Solutions, Inc. has a 52-week low of $4.40 and a 52-week high of $6.05. The company has a market capitalization of $43.25 million, a P/E ratio of 7.28 and a beta of 1.32. The company has a current ratio of 1.03, a quick ratio of 0.52 and a debt-to-equity ratio of 0.13.

Pioneer Power Solutions (NASDAQ:PPSI) last announced its quarterly earnings data on Tuesday, May 14th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.68. Pioneer Power Solutions had a return on equity of 83.45% and a net margin of 0.55%. The company had revenue of $24.70 million for the quarter.

ILLEGAL ACTIVITY NOTICE: “Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Shares Bought by Kennedy Capital Management Inc.” was first posted by Modern Readers and is the sole property of of Modern Readers. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this article can be viewed at

Pioneer Power Solutions Company Profile

Pioneer Power Solutions, Inc, together with its subsidiaries, manufactures, sells, and services specialty electrical transmission, distribution, and on-site power generation equipment in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions.

Read More: Trading Options- What is a Strangle?

Want to see what other hedge funds are holding PPSI? Visit to get the latest 13F filings and insider trades for Pioneer Power Solutions, Inc. (NASDAQ:PPSI).

Receive News & Ratings for Pioneer Power Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer Power Solutions and related companies with's FREE daily email newsletter.