Power Integrations Inc (NASDAQ:POWI) VP Radu Barsan sold 3,643 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $74.58, for a total transaction of $271,694.94. Following the completion of the sale, the vice president now directly owns 28,825 shares in the company, valued at approximately $2,149,768.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Radu Barsan also recently made the following trade(s):

  • On Tuesday, November 14th, Radu Barsan sold 143 shares of Power Integrations stock. The shares were sold at an average price of $78.86, for a total transaction of $11,276.98.

Shares of Power Integrations Inc (NASDAQ:POWI) opened at $71.52 on Friday. The firm has a market cap of $2,219.85 and a PE ratio of 35.57. Power Integrations Inc has a fifty-two week low of $61.44 and a fifty-two week high of $86.60.

Power Integrations (NASDAQ:POWI) last issued its quarterly earnings results on Thursday, February 1st. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.02. The business had revenue of $108.20 million for the quarter, compared to the consensus estimate of $110.50 million. Power Integrations had a net margin of 13.69% and a return on equity of 11.95%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 EPS. equities analysts predict that Power Integrations Inc will post 2.06 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be given a dividend of $0.16 per share. This is an increase from Power Integrations’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 0.89%. Power Integrations’s dividend payout ratio is 29.02%.

Several research firms have recently weighed in on POWI. Zacks Investment Research raised shares of Power Integrations from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a report on Wednesday, November 1st. Drexel Hamilton reaffirmed a “buy” rating and issued a $84.00 target price on shares of Power Integrations in a report on Friday, October 27th. BidaskClub lowered shares of Power Integrations from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Finally, Susquehanna Bancshares began coverage on shares of Power Integrations in a report on Wednesday, December 13th. They issued a “neutral” rating and a $80.00 target price on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $81.40.

A number of hedge funds and other institutional investors have recently modified their holdings of POWI. Advisor Group Inc. lifted its position in Power Integrations by 14.5% during the 2nd quarter. Advisor Group Inc. now owns 1,827 shares of the semiconductor company’s stock worth $132,000 after buying an additional 231 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in Power Integrations by 6.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,519 shares of the semiconductor company’s stock worth $184,000 after buying an additional 150 shares in the last quarter. Jane Street Group LLC acquired a new position in Power Integrations during the 3rd quarter worth about $205,000. GSA Capital Partners LLP acquired a new position in Power Integrations during the 2nd quarter worth about $208,000. Finally, Koch Industries Inc. acquired a new position in Power Integrations during the 2nd quarter worth about $209,000. Institutional investors and hedge funds own 96.93% of the company’s stock.

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Power Integrations Company Profile

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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