Nicholas Brathwaite Sells 6,655 Shares of Power Integrations (NASDAQ:POWI) Stock

Power Integrations, Inc. (NASDAQ:POWI) Director Nicholas Brathwaite sold 6,655 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $82.71, for a total value of $550,435.05. Following the completion of the transaction, the director directly owned 23,954 shares of the company’s stock, valued at $1,981,235.34. This trade represents a 21.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, May 27th, Nicholas Brathwaite sold 1,728 shares of Power Integrations stock. The shares were sold at an average price of $86.62, for a total value of $149,679.36.
• On Wednesday, May 13th, Nicholas Brathwaite sold 6,895 shares of Power Integrations stock. The shares were sold at an average price of $72.41, for a total value of $499,266.95.

Power Integrations Stock Down 3.5%

Shares of POWI opened at $84.00 on Friday. The stock has a 50 day moving average price of $63.79 and a 200 day moving average price of $49.05. The company 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. Power Integrations, Inc. has a 52-week low of $30.86 and a 52-week high of $89.00.

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

Power Integrations Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on POWI. Benchmark lifted their target price on shares of Power Integrations from $55.00 to $65.00 and gave the company a “buy” rating in a report on Monday, April 6th. Zacks Research raised shares of Power Integrations from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Susquehanna lifted their target price on shares of Power Integrations from $70.00 to $85.00 and gave the company a “positive” rating in a report on Friday, May 8th. Northland Securities cut shares of Power Integrations from an “outperform” rating to a “market perform” rating and set a $46.00 target price on the stock. in a report on Monday, April 6th. Finally, Stifel Nicolaus lifted their target price on shares of Power Integrations from $56.00 to $62.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Power Integrations presently has a consensus rating of “Hold” and a consensus target price of $64.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of POWI. Geneos Wealth Management Inc. increased its position in Power Integrations by 576.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 629 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 536 shares in the last quarter. Hantz Financial Services Inc. increased its position in Power Integrations by 77.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 849 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 371 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Power Integrations during the 4th quarter worth about $36,000. UMB Bank n.a. increased its position in Power Integrations by 61.7% during the 4th quarter. UMB Bank n.a. now owns 1,074 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 410 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Power Integrations by 125.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 814 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 453 shares in the last quarter.

Power Integrations News Summary

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.