Power Integrations (NASDAQ:POWI) Director Nicholas Brathwaite Sells 1,728 Shares

Power Integrations, Inc. (NASDAQ:POWI) Director Nicholas Brathwaite sold 1,728 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $86.62, for a total value of $149,679.36. Following the sale, the director directly owned 22,226 shares in the company, valued at $1,925,216.12. This trade represents a 7.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Nicholas Brathwaite also recently made the following trade(s):

• On Tuesday, May 26th, Nicholas Brathwaite sold 6,655 shares of Power Integrations stock. The stock was sold at an average price of $82.71, for a total value of $550,435.05.
• On Wednesday, May 13th, Nicholas Brathwaite sold 6,895 shares of Power Integrations stock. The stock was sold at an average price of $72.41, for a total value of $499,266.95.

Power Integrations Price Performance

Shares of NASDAQ:POWI opened at $84.00 on Friday. Power Integrations, Inc. has a 12 month low of $30.86 and a 12 month high of $89.00. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 280.01, a price-to-earnings-growth ratio of 3.79 and a beta of 1.54. The business’s 50 day simple moving average is $63.79 and its 200-day simple moving average is $49.05.

Power Integrations (NASDAQ:POWI) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. Power Integrations had a return on equity of 5.34% and a net margin of 3.72%.The firm had revenue of $108.31 million during the quarter, compared to the consensus estimate of $106.75 million. During the same period in the previous year, the firm posted $0.31 EPS. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, equities analysts anticipate that Power Integrations, Inc. will post 0.89 earnings per share for the current year.

Power Integrations Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 29th. Power Integrations’s payout ratio is currently 286.67%.

Institutional Trading of Power Integrations

Institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. grew its stake in shares of Power Integrations by 576.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 629 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 536 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Power Integrations by 125.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 814 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 453 shares during the period. Hantz Financial Services Inc. grew its stake in shares of Power Integrations by 77.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 849 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 371 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Power Integrations during the 4th quarter valued at $36,000. Finally, UMB Bank n.a. grew its stake in shares of Power Integrations by 61.7% during the 4th quarter. UMB Bank n.a. now owns 1,074 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 410 shares during the period.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Benchmark lifted their price objective on Power Integrations from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, April 6th. Zacks Research upgraded Power Integrations from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 26th. Weiss Ratings restated a “sell (d+)” rating on shares of Power Integrations in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Power Integrations in a research report on Friday, May 8th. Finally, Susquehanna lifted their price objective on Power Integrations from $70.00 to $85.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $64.50.

Key Power Integrations News

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

• Negative Sentiment: Director Balu Balakrishnan sold 124,287 shares for about $10.7 million, following an earlier sale of 118,573 shares, signaling a meaningful reduction in his position. SEC filing
• Negative Sentiment: Director Nicholas Brathwaite sold 6,655 shares for about $550,000, adding to a prior sale this week and reinforcing the insider-selling trend. SEC filing
• Negative Sentiment: Vice President Sunil Gupta sold 15,894 shares for about $1.3 million, further increasing concerns that insiders may see limited near-term upside. SEC filing
• Neutral Sentiment: Recent results were mixed but not weak: Power Integrations beat quarterly EPS and revenue estimates, though growth was modest and earnings declined from a year earlier.
• Neutral Sentiment: The company also announced a quarterly dividend, which may support income investors, but the payout is small relative to the current valuation and does not offset the insider-selling headlines.

Power Integrations Company Profile

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.