Gagan Jain Sells 995 Shares of Power Integrations (NASDAQ:POWI) Stock

Power Integrations, Inc. (NASDAQ:POWIGet Free Report) VP Gagan Jain sold 995 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $46.50, for a total transaction of $46,267.50. Following the completion of the sale, the vice president directly owned 32,549 shares in the company, valued at approximately $1,513,528.50. This trade represents a 2.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Gagan Jain also recently made the following trade(s):

  • On Monday, November 24th, Gagan Jain sold 1,033 shares of Power Integrations stock. The shares were sold at an average price of $33.80, for a total transaction of $34,915.40.
  • On Tuesday, November 4th, Gagan Jain sold 111 shares of Power Integrations stock. The stock was sold at an average price of $40.22, for a total transaction of $4,464.42.

Power Integrations Price Performance

NASDAQ POWI opened at $45.94 on Friday. Power Integrations, Inc. has a 1 year low of $30.86 and a 1 year high of $68.20. The stock has a market capitalization of $2.54 billion, a PE ratio of 148.19, a PEG ratio of 5.48 and a beta of 1.36. The business’s 50-day moving average is $38.82 and its 200 day moving average is $41.98.

Power Integrations (NASDAQ:POWIGet Free Report) last released its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. The business had revenue of $118.92 million during the quarter, compared to analysts’ expectations of $118.36 million. Power Integrations had a return on equity of 4.49% and a net margin of 4.03%.The business’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. As a group, equities research analysts anticipate that Power Integrations, Inc. will post 0.93 earnings per share for the current year.

Power Integrations Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, November 28th were issued a $0.21 dividend. The ex-dividend date was Friday, November 28th. This represents a $0.84 annualized dividend and a yield of 1.8%. Power Integrations’s payout ratio is 270.97%.

Wall Street Analyst Weigh In

Several research firms have recently commented on POWI. Benchmark raised their target price on shares of Power Integrations from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Zacks Research lowered shares of Power Integrations from a “hold” rating to a “strong sell” rating in a report on Wednesday. Susquehanna upped their target price on Power Integrations from $50.00 to $53.00 and gave the stock a “positive” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Power Integrations in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $61.00.

Check Out Our Latest Report on POWI

Hedge Funds Weigh In On Power Integrations

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Power Integrations by 5.7% in the 4th quarter. Vanguard Group Inc. now owns 7,556,919 shares of the semiconductor company’s stock worth $268,573,000 after buying an additional 409,643 shares during the last quarter. State Street Corp boosted its holdings in Power Integrations by 0.8% in the second quarter. State Street Corp now owns 2,663,326 shares of the semiconductor company’s stock worth $148,880,000 after acquiring an additional 21,983 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Power Integrations by 35.7% in the third quarter. Wellington Management Group LLP now owns 2,261,281 shares of the semiconductor company’s stock worth $90,926,000 after acquiring an additional 595,404 shares during the last quarter. Copeland Capital Management LLC increased its holdings in shares of Power Integrations by 7.2% during the third quarter. Copeland Capital Management LLC now owns 1,276,860 shares of the semiconductor company’s stock valued at $51,343,000 after acquiring an additional 86,123 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Power Integrations by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,029,901 shares of the semiconductor company’s stock worth $41,408,000 after purchasing an additional 13,044 shares during the last quarter.

Trending Headlines about Power Integrations

Here are the key news stories impacting Power Integrations this week:

  • Neutral Sentiment: Upcoming earnings: Power Integrations is projected to post quarterly results this week, which can act as the next major catalyst and likely explains some pre-report positioning by investors. Expect guidance/comments and revenue/margin details to drive near-term moves. Earnings Projection
  • Neutral Sentiment: Mixed analyst landscape: some firms recently raised targets (Benchmark, Susquehanna) while others keep sell calls (Weiss); MarketBeat shows an average “Moderate Buy” consensus and an average target near $61 — this mixed backdrop means any strong beat/miss will likely shift sentiment quickly. Analyst Coverage
  • Negative Sentiment: Zacks downgrade to “strong sell”: Zacks Research cut POWI from Hold to Strong Sell, a fresh negative analyst signal that can pressure sentiment and amplify selling by momentum or quant funds. Zacks Report
  • Negative Sentiment: Insider selling by senior VPs: two vice presidents disclosed sales on Jan. 29 — Sunil Gupta sold 1,698 shares and Gagan Jain sold 995 shares, both at about $46.50. Each sale reduced their holdings modestly (1.7–3.0% of their positions) but multiple executive sales in a short window are often viewed negatively by the market. Insider Trades

Power Integrations Company Profile

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Power Integrations, Inc, based in Hillsboro, Oregon, specializes in the design and development of high-performance analog and mixed-signal integrated circuits for energy-efficient power conversion. The company’s products are used to convert and regulate electrical power in a wide range of applications, from consumer electronics and industrial systems to communications equipment and electric vehicle charging. By providing compact, reliable, and highly integrated solutions, Power Integrations aims to reduce system size, improve efficiency, and simplify thermal management for its customers.

The firm’s product portfolio encompasses isolated and non-isolated switching controllers for both AC-DC and DC-DC power conversion.

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

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