Key Points
- VP Sunil Gupta sold 1,272 shares on Feb. 10 at an average $45.97 (one of several recent insider disposals), and other insiders including the CEO and a director also sold shares this week, a pattern that may pressure sentiment despite each sale being relatively small.
- Power Integrations slightly beat Q results with $0.23 EPS vs. $0.19 estimate and $103.2M revenue (down 1.9% YoY), and raised its quarterly dividend to $0.215, though the dividend payout ratio is very high (~215%) and the stock carries a rich P/E (~117).
Power Integrations, Inc. (NASDAQ:POWI - Get Free Report) VP Sunil Gupta sold 1,272 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $45.97, for a total value of $58,473.84. Following the completion of the sale, the vice president owned 96,933 shares of the company's stock, valued at $4,456,010.01. The trade was a 1.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Sunil Gupta also recently made the following trade(s):
- On Monday, February 9th, Sunil Gupta sold 1,401 shares of Power Integrations stock. The shares were sold at an average price of $46.57, for a total value of $65,244.57.
- On Tuesday, February 3rd, Sunil Gupta sold 2,168 shares of Power Integrations stock. The stock was sold at an average price of $45.58, for a total value of $98,817.44.
- On Thursday, January 29th, Sunil Gupta sold 1,698 shares of Power Integrations stock. The stock was sold at an average price of $46.50, for a total value of $78,957.00.
Power Integrations Trading Down 0.3%
Shares of POWI opened at $45.66 on Wednesday. The business's 50 day moving average is $40.60 and its 200 day moving average is $41.46. Power Integrations, Inc. has a 12-month low of $30.86 and a 12-month high of $68.20. The company has a market capitalization of $2.53 billion, a PE ratio of 117.08, a price-to-earnings-growth ratio of 3.51 and a beta of 1.37.
Power Integrations (NASDAQ:POWI - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. Power Integrations had a return on equity of 5.15% and a net margin of 4.98%.The business had revenue of $103.20 million during the quarter, compared to the consensus estimate of $103.02 million. During the same period in the prior year, the company posted $0.30 EPS. The firm's revenue for the quarter was down 1.9% compared to the same quarter last year. Equities research analysts predict that Power Integrations, Inc. will post 0.93 earnings per share for the current year.
Power Integrations Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be paid a dividend of $0.215 per share. The ex-dividend date of this dividend is Friday, February 27th. This is a positive change from Power Integrations's previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a yield of 1.9%. Power Integrations's dividend payout ratio is 215.38%.
Key Headlines Impacting Power Integrations
Here are the key news stories impacting Power Integrations this week:
- Positive Sentiment: Short interest fell sharply in January — down ~14.8% to ~4.38M shares (about 8.0% of float) with a short-interest ratio near 4.8 days, reducing one layer of bearish pressure on the stock.
- Positive Sentiment: Power Integrations is paying a larger dividend than last year, which can support sentiment for income-focused shareholders. Power Integrations (NASDAQ:POWI) Is Paying Out A Larger Dividend Than Last Year
- Negative Sentiment: CEO Jennifer A. Lloyd sold 3,322 shares on Feb. 9 at an average price of $46.57 (≈$154.7K), reducing her stake by ~4.17%. This sizeable insider sale can be interpreted negatively by investors. SEC Filing — CEO Sale
- Negative Sentiment: Director Balu Balakrishnan sold 4,995 shares on Feb. 10 at ~$47.20 per share (~$235.8K), trimming his position by ~0.86%. Director-level selling can further pressure sentiment. SEC Filing — Director Sale
- Negative Sentiment: VP Sunil Gupta executed two small sales (1,401 shares on Feb. 9 at $46.57 and 1,272 shares on Feb. 10 at $45.97), collectively reducing his holding by ~1.3–1.4% per sale. Multiple insider disposals in quick succession can amplify investor concern even if each sale is routine. SEC Filing — VP Sales
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in POWI. Bank of Montreal Can boosted its holdings in shares of Power Integrations by 1.9% in the 2nd quarter. Bank of Montreal Can now owns 11,323 shares of the semiconductor company's stock worth $633,000 after purchasing an additional 214 shares during the period. Covestor Ltd raised its holdings in Power Integrations by 13.8% during the 4th quarter. Covestor Ltd now owns 2,064 shares of the semiconductor company's stock valued at $73,000 after buying an additional 251 shares during the period. Baird Financial Group Inc. lifted its position in Power Integrations by 5.4% in the first quarter. Baird Financial Group Inc. now owns 5,053 shares of the semiconductor company's stock worth $255,000 after buying an additional 261 shares during the last quarter. Huntington National Bank boosted its stake in Power Integrations by 27.4% during the second quarter. Huntington National Bank now owns 1,312 shares of the semiconductor company's stock worth $73,000 after buying an additional 282 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in Power Integrations by 125.9% during the second quarter. Parkside Financial Bank & Trust now owns 585 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 326 shares during the last quarter.
Analysts Set New Price Targets
Several research analysts have commented on POWI shares. Benchmark reissued a "buy" rating and set a $55.00 price objective on shares of Power Integrations in a report on Friday, February 6th. Susquehanna boosted their target price on Power Integrations from $50.00 to $53.00 and gave the stock a "positive" rating in a research report on Thursday, January 22nd. Zacks Research cut Power Integrations from a "hold" rating to a "strong sell" rating in a report on Wednesday, January 28th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Power Integrations in a research note on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Power Integrations has a consensus rating of "Hold" and a consensus target price of $61.00.
Get Our Latest Stock Report on POWI
Power Integrations Company Profile
(
Get Free Report)
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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