News coverage about Power Integrations (NASDAQ:POWI) has been trending somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Power Integrations earned a news impact score of 0.12 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 45.3242360360229 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Power Integrations (POWI) opened at $72.25 on Friday. The stock has a market capitalization of $2,194.59, a P/E ratio of 35.17 and a beta of 1.26. Power Integrations has a twelve month low of $61.44 and a twelve month high of $86.60.

Power Integrations (NASDAQ:POWI) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.05. The business had revenue of $111.30 million for the quarter, compared to analysts’ expectations of $111.82 million. Power Integrations had a return on equity of 11.95% and a net margin of 13.69%. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 EPS. analysts predict that Power Integrations will post 2.06 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 29th. This represents a $0.56 annualized dividend and a dividend yield of 0.78%. Power Integrations’s dividend payout ratio (DPR) is 29.02%.

Several analysts have recently issued reports on POWI shares. Drexel Hamilton reaffirmed a “buy” rating and set a $84.00 price objective on shares of Power Integrations in a report on Friday, October 27th. Stifel Nicolaus reaffirmed a “buy” rating and set a $85.00 price objective on shares of Power Integrations in a report on Sunday, September 3rd. Zacks Investment Research raised Power Integrations from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Wednesday, November 1st. BidaskClub cut Power Integrations from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Finally, Susquehanna Bancshares started coverage on Power Integrations in a report on Wednesday. They set a “neutral” rating and a $80.00 price objective on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $82.80.

In other news, CEO Balu Balakrishnan sold 51,350 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $80.71, for a total transaction of $4,144,458.50. Following the transaction, the chief executive officer now owns 268,226 shares of the company’s stock, valued at approximately $21,648,520.46. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Ben Sutherland sold 500 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $79.58, for a total value of $39,790.00. Following the transaction, the vice president now directly owns 40,965 shares in the company, valued at approximately $3,259,994.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 63,089 shares of company stock worth $5,077,253. Corporate insiders own 4.30% of the company’s stock.

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About Power Integrations

Power Integrations, Inc designs, develops and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion. The Company’s products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use.

Insider Buying and Selling by Quarter for Power Integrations (NASDAQ:POWI)

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