Power Integrations Inc (NASDAQ:POWI) VP Ben Sutherland sold 731 shares of the company’s stock in a transaction on Monday, February 4th. The shares were sold at an average price of $66.58, for a total value of $48,669.98. Following the completion of the sale, the vice president now owns 37,761 shares of the company’s stock, valued at approximately $2,514,127.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ben Sutherland also recently made the following trade(s):

  • On Sunday, December 29th, Ben Sutherland acquired 14 shares of Power Integrations stock. The stock was purchased at an average price of $73.94 per share, with a total value of $1,035.16.
  • On Monday, September 30th, Ben Sutherland acquired 0 shares of Power Integrations stock. The stock was purchased at an average price of $54.05 per share, with a total value of $0.00.
  • On Monday, April 1st, Ben Sutherland acquired 1 shares of Power Integrations stock. The stock was purchased at an average price of $42.49 per share, with a total value of $42.49.
  • On Saturday, June 29th, Ben Sutherland acquired 0 shares of Power Integrations stock. The stock was purchased at an average price of $36.77 per share, with a total value of $0.00.
  • On Saturday, March 30th, Ben Sutherland bought 0 shares of Power Integrations stock. The shares were bought at an average cost of $37.05 per share, with a total value of $0.00.
  • On Tuesday, December 31st, Ben Sutherland bought 18 shares of Power Integrations stock. The shares were bought at an average cost of $60.55 per share, with a total value of $1,089.90.
  • On Saturday, September 28th, Ben Sutherland bought 18 shares of Power Integrations stock. The shares were bought at an average cost of $62.49 per share, with a total value of $1,124.82.
  • On Wednesday, November 28th, Ben Sutherland sold 165 shares of Power Integrations stock. The shares were sold at an average price of $61.23, for a total value of $10,102.95.

Shares of POWI stock opened at $67.70 on Friday. Power Integrations Inc has a fifty-two week low of $47.35 and a fifty-two week high of $80.50. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 29.69 and a beta of 1.00.

Power Integrations (NASDAQ:POWI) last issued its quarterly earnings data on Thursday, February 7th. The semiconductor company reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.05. The business had revenue of $93.30 million for the quarter, compared to analyst estimates of $97.12 million. Power Integrations had a return on equity of 13.46% and a net margin of 7.04%. The firm’s revenue for the quarter was down 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.74 EPS. Sell-side analysts anticipate that Power Integrations Inc will post 1.98 earnings per share for the current year.

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in Power Integrations by 4.6% during the 3rd quarter. BlackRock Inc. now owns 4,201,112 shares of the semiconductor company’s stock valued at $265,510,000 after purchasing an additional 183,418 shares during the period. Neuberger Berman Group LLC lifted its position in shares of Power Integrations by 1.3% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,929,628 shares of the semiconductor company’s stock worth $185,153,000 after acquiring an additional 37,365 shares during the period. Vanguard Group Inc. lifted its position in shares of Power Integrations by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 2,898,935 shares of the semiconductor company’s stock worth $183,212,000 after acquiring an additional 36,227 shares during the period. Vanguard Group Inc lifted its position in shares of Power Integrations by 1.3% in the 3rd quarter. Vanguard Group Inc now owns 2,898,935 shares of the semiconductor company’s stock worth $183,212,000 after acquiring an additional 36,227 shares during the period. Finally, Disciplined Growth Investors Inc. MN lifted its position in shares of Power Integrations by 3.7% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,719,472 shares of the semiconductor company’s stock worth $108,671,000 after acquiring an additional 60,882 shares during the period. Hedge funds and other institutional investors own 99.47% of the company’s stock.

Several equities research analysts have recently commented on POWI shares. Zacks Investment Research raised Power Integrations from a “sell” rating to a “hold” rating in a report on Friday, December 28th. ValuEngine downgraded Power Integrations from a “hold” rating to a “sell” rating in a report on Saturday, October 27th. TheStreet raised Power Integrations from a “c+” rating to a “b-” rating in a research note on Tuesday, December 18th. Northland Securities downgraded Power Integrations from an “outperform” rating to a “market perform” rating in a research note on Monday, January 7th. Finally, BidaskClub downgraded Power Integrations from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 30th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $78.50.

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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 offers a range of alternating current to direct current (DC) power conversion products that address power supply ranging from less than 1 watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, liquid-crystal-display monitors, main and standby power supplies for desktop computers and TVs, light-emitting diode lamps, and other consumer and industrial applications.

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

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