Balu  Balakrishnan net worth and biography

Balu Balakrishnan Biography and Net Worth

Balu Balakrishnan is the president and CEO of Power Integrations, Inc., a semiconductor manufacturing company.

Balakrishnan joined Power Integrations in 1989, and he has held various leadership roles over the years, including VP of engineering and marketing, VP of engineering and new business, and VP of engineering and strategic marketing. He took on the role of president and chief operating officer in 2001 and then became CEO in 2002.

Prior to his time with Power Integrations, Balakrishnan spent 11 years at National Semiconductor Corporation, where he was responsible for engineering and product-line management.

He is listed as chief inventor for several of Power Integrations key products and technologies, and he has been issued 205 U.S. patents. He has been the recipient of numerous awards, including the Discover Award for Technological Innovation and the TechAmerica Innovator Award, both in recognition of EcoSmart technology’s environmental benefits.

Outside of his corporate role, Balakrishnan serves on the board of LensVector, Inc., the leader in dynamic molecular optics.

Balakrishnan earned his B.S.E.E. at Bangalore University in India and his M.S.E.E. at the University of California, Los Angeles (UCLA). Additionally, he has completed UCLA’s directors certification program.

What is Balu Balakrishnan's net worth?

The estimated net worth of Balu Balakrishnan is at least $35.32 million as of April 2nd, 2024. Mr. Balakrishnan owns 552,161 shares of Power Integrations stock worth more than $35,316,218 as of April 19th. This net worth approximation does not reflect any other investments that Mr. Balakrishnan may own. Additionally, Mr. Balakrishnan receives a salary of $705,030.00 as CEO at Power Integrations. Learn More about Balu Balakrishnan's net worth.

How old is Balu Balakrishnan?

Mr. Balakrishnan is currently 69 years old. There are 7 older executives and no younger executives at Power Integrations. Learn More on Balu Balakrishnan's age.

What is Balu Balakrishnan's salary?

As the CEO of Power Integrations, Inc., Mr. Balakrishnan earns $705,030.00 per year. Learn More on Balu Balakrishnan's salary.

How do I contact Balu Balakrishnan?

The corporate mailing address for Mr. Balakrishnan and other Power Integrations executives is 5245 Hellyer Avenue, San Jose CA, 95138. Power Integrations can also be reached via phone at (408) 414-9200 and via email at [email protected]. Learn More on Balu Balakrishnan's contact information.

Has Balu Balakrishnan been buying or selling shares of Power Integrations?

Within the last three months, Balu Balakrishnan has sold $672,309.39 in Power Integrations stock. Most recently, Balu Balakrishnan sold 9,799 shares of the business's stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $68.61, for a transaction totalling $672,309.39. Following the completion of the sale, the chief executive officer now directly owns 552,161 shares of the company's stock, valued at $37,883,766.21. Learn More on Balu Balakrishnan's trading history.

Who are Power Integrations' active insiders?

Power Integrations' insider roster includes Doug Bailey (VP), Balu Balakrishnan (CEO), Radu Barsan (VP), Nicholas Brathwaite (Director), William George (Director), Sunil Gupta (VP), David Matthews (VP), Sandeep Nayyar (CFO), Necip Sayiner (Director), Steven Sharp (Director), Ben Sutherland (VP), Clifford Walker (VP), and Yang Yee (VP). Learn More on Power Integrations' active insiders.

Are insiders buying or selling shares of Power Integrations?

During the last twelve months, insiders at the semiconductor company sold shares 37 times. They sold a total of 212,591 shares worth more than $16,937,503.56. The most recent insider tranaction occured on April, 2nd when VP Clifford Walker sold 1,096 shares worth more than $75,667.84. Insiders at Power Integrations own 1.7% of the company. Learn More about insider trades at Power Integrations.

Information on this page was last updated on 4/2/2024.

Balu Balakrishnan Insider Trading History at Power Integrations

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/2/2024Sell9,799$68.61$672,309.39552,161View SEC Filing Icon  
2/12/2024Sell5,232$81.02$423,896.64508,461View SEC Filing Icon  
2/6/2024Sell5,746$73.39$421,698.94513,693View SEC Filing Icon  
11/29/2023Sell47,422$77.60$3,679,947.20525,603View SEC Filing Icon  
5/26/2023Sell21,674$89.85$1,947,408.90572,885View SEC Filing Icon  
4/4/2023Sell9,765$80.66$787,644.90594,559View SEC Filing Icon  
2/14/2023Sell11,750$83.75$984,062.50604,324View SEC Filing Icon  
2/7/2023Sell5,882$83.02$488,323.64565,227View SEC Filing Icon  
2/2/2023Sell2,634$89.66$236,164.44574,821View SEC Filing Icon  
4/4/2022Sell9,390$91.09$855,335.10View SEC Filing Icon  
2/14/2022Sell23,744$84.72$2,011,591.68View SEC Filing Icon  
2/7/2022Sell4,704$83.75$393,960.00View SEC Filing Icon  
2/2/2022Sell2,644$80.24$212,154.56View SEC Filing Icon  
11/22/2021Sell7,500$109.30$819,750.00View SEC Filing Icon  
4/5/2021Sell9,368$84.84$794,781.12View SEC Filing Icon  
2/16/2021Sell11,943$92.29$1,102,219.47View SEC Filing Icon  
2/8/2021Sell15,937$86.20$1,373,769.40View SEC Filing Icon  
2/5/2021Sell5,641$83.61$471,644.01View SEC Filing Icon  
2/3/2021Sell13,017$81.26$1,057,761.42View SEC Filing Icon  
11/5/2020Sell50,000$65.26$3,263,000.00View SEC Filing Icon  
10/9/2020Sell9,314$60.44$562,938.16View SEC Filing Icon  
5/19/2020Sell24,455$109.25$2,671,708.75View SEC Filing Icon  
4/29/2020Sell20,000$106.63$2,132,600.00View SEC Filing Icon  
4/2/2020Sell4,569$83.46$381,328.74View SEC Filing Icon  
2/14/2020Sell6,160$105.77$651,543.20View SEC Filing Icon  
2/6/2020Sell47,374$105.63$5,004,115.62View SEC Filing Icon  
2/4/2020Sell4,334$101.18$438,514.12View SEC Filing Icon  
1/28/2020Sell6,157$100.46$618,532.22View SEC Filing Icon  
1/10/2020Sell34,909$102.61$3,582,012.49View SEC Filing Icon  
1/2/2020Sell25,000$99.82$2,495,500.00View SEC Filing Icon  
12/20/2019Sell2,917$97.27$283,736.59View SEC Filing Icon  
10/28/2019Sell16,865$95.04$1,602,849.60View SEC Filing Icon  
10/25/2019Sell13,842$93.37$1,292,427.54View SEC Filing Icon  
10/21/2019Sell400$93.00$37,200.00View SEC Filing Icon  
10/16/2019Sell6,776$92.93$629,693.68View SEC Filing Icon  
9/25/2019Sell2,197$92.76$203,793.72View SEC Filing Icon  
9/23/2019Sell3,632$92.80$337,049.60View SEC Filing Icon  
9/16/2019Sell27,510$91.82$2,525,968.20View SEC Filing Icon  
8/1/2019Sell9,367$93.15$872,536.05View SEC Filing Icon  
4/2/2019Sell4,718$70.79$333,987.22View SEC Filing Icon  
2/14/2019Sell24,023$70.60$1,696,023.80324,383View SEC Filing Icon  
2/4/2019Sell5,984$66.36$397,098.24276,383View SEC Filing Icon  
1/28/2019Sell9,266$65.55$607,386.30286,465View SEC Filing Icon  
5/2/2018Sell1,717$69.08$118,610.36291,292View SEC Filing Icon  
4/2/2018Sell4,829$65.86$318,037.94293,009View SEC Filing Icon  
2/15/2018Sell17,186$63.02$1,083,061.72View SEC Filing Icon  
2/5/2018Sell5,958$67.48$402,045.84249,664View SEC Filing Icon  
1/29/2018Sell9,488$77.36$733,991.68262,977View SEC Filing Icon  
11/6/2017Sell51,350$80.71$4,144,458.50268,226View SEC Filing Icon  
7/14/2017Sell65,000$78.06$5,073,900.00319,576View SEC Filing Icon  
6/28/2017Sell50,000$75.00$3,750,000.00319,576View SEC Filing Icon  
5/2/2017Sell1,836$63.68$116,916.48244,576View SEC Filing Icon  
2/1/2017Sell3,176$72.05$228,830.80211,042View SEC Filing Icon  
1/30/2017Sell5,740$70.28$403,407.20188,990View SEC Filing Icon  
1/27/2017Sell6,267$71.62$448,842.54194,730View SEC Filing Icon  
1/25/2017Sell35,000$71.95$2,518,250.00200,997View SEC Filing Icon  
1/24/2017Sell4,733$69.46$328,754.18200,997View SEC Filing Icon  
12/27/2016Sell23,085$68.99$1,592,634.15205,730View SEC Filing Icon  
12/22/2016Sell1,639$68.95$113,009.05205,730View SEC Filing Icon  
12/20/2016Sell176$68.95$12,135.20205,730View SEC Filing Icon  
11/11/2016Sell1,885$64.94$122,411.90205,730View SEC Filing Icon  
11/10/2016Sell2,221$65.00$144,365.00205,730View SEC Filing Icon  
11/9/2016Sell9,431$64.93$612,354.83205,730View SEC Filing Icon  
11/7/2016Sell23,957$64.94$1,555,767.58205,730View SEC Filing Icon  
10/28/2016Sell4,819$64.94$312,945.86205,730View SEC Filing Icon  
10/10/2016Sell14,400$63.61$915,984.00220,130View SEC Filing Icon  
10/3/2016Sell40,000$63.42$2,536,800.00245,730View SEC Filing Icon  
9/28/2016Sell10,000$61.70$617,000.00215,730View SEC Filing Icon  
9/26/2016Sell10,000$60.57$605,700.00215,730View SEC Filing Icon  
9/22/2016Sell40,000$61.97$2,478,800.00215,730View SEC Filing Icon  
9/19/2016Sell10,000$60.01$600,100.00205,730View SEC Filing Icon  
9/14/2016Sell5,000$57.73$288,650.00210,730View SEC Filing Icon  
8/29/2016Sell10,000$58.11$581,100.00215,730View SEC Filing Icon  
8/26/2016Sell3,655$58.90$215,279.50205,730View SEC Filing Icon  
8/22/2016Sell10,000$57.84$578,400.00215,730View SEC Filing Icon  
8/19/2016Sell3,800$57.63$218,994.00209,530View SEC Filing Icon  
8/15/2016Sell6,200$57.35$355,570.00211,930View SEC Filing Icon  
8/11/2016Sell5,000$57.60$288,000.00210,730View SEC Filing Icon  
8/8/2016Sell5,000$56.10$280,500.00210,730View SEC Filing Icon  
8/1/2016Sell5,600$57.25$320,600.00206,130View SEC Filing Icon  
7/29/2016Sell21,345$59.05$1,260,422.25209,345View SEC Filing Icon  
7/27/2016Sell10,000$55.90$559,000.00205,730View SEC Filing Icon  
7/25/2016Sell5,000$55.00$275,000.00210,730View SEC Filing Icon  
7/20/2016Sell5,000$55.00$275,000.00210,730View SEC Filing Icon  
5/10/2016Sell2,353$46.38$109,132.14205,730View SEC Filing Icon  
5/3/2016Sell1,830$47.65$87,199.50208,083View SEC Filing Icon  
2/5/2016Sell1,335$43.23$57,712.05209,913View SEC Filing Icon  
2/1/2016Sell3,312$46.23$153,113.76208,759View SEC Filing Icon  
1/28/2016Sell4,102$45.12$185,082.24211,418View SEC Filing Icon  
11/11/2015Sell3,200$50.67$162,144.00172,318View SEC Filing Icon  
11/10/2015Sell23,311$51.77$1,206,810.47172,318View SEC Filing Icon  
11/9/2015Sell5,111$51.55$263,472.05172,318View SEC Filing Icon  
11/6/2015Sell14,000$52.26$731,640.00172,318View SEC Filing Icon  
11/5/2015Sell40,544$51.27$2,078,690.88172,318View SEC Filing Icon  
5/6/2015Sell3,279$49.13$161,097.27View SEC Filing Icon  
1/30/2015Sell2,509$53.69$134,708.21View SEC Filing Icon  
1/23/2015Sell4,814$53.06$255,430.84View SEC Filing Icon  
8/20/2014Sell5,000$62.50$312,500.00View SEC Filing Icon  
2/4/2014Sell6,170$59.78$368,842.60136,427View SEC Filing Icon  
1/23/2014Sell4,826$60.94$294,096.44103,962View SEC Filing Icon  
1/22/2014Sell25,000$61.39$1,534,750.00108,788View SEC Filing Icon  
10/31/2013Sell25,000$58.75$1,468,750.00View SEC Filing Icon  
9/24/2013Sell17,506$56.25$984,712.50108,788View SEC Filing Icon  
9/23/2013Sell2,889$56.29$162,621.81108,788View SEC Filing Icon  
9/20/2013Sell3,872$56.25$217,800.00108,788View SEC Filing Icon  
7/31/2013Sell50,000$54.52$2,726,000.00View SEC Filing Icon  
7/16/2013Sell40,000$51.25$2,050,000.00View SEC Filing Icon  
7/15/2013Sell164,494$47.74$7,852,943.56View SEC Filing Icon  
7/10/2013Sell1,700$42.52$72,284.00View SEC Filing Icon  
7/9/2013Sell8,300$42.63$353,829.00View SEC Filing Icon  
7/8/2013Sell5,000$42.11$210,550.00View SEC Filing Icon  
7/5/2013Sell4,246$42.52$180,539.92View SEC Filing Icon  
7/1/2013Sell5,000$41.00$205,000.00View SEC Filing Icon  
6/27/2013Sell2,116$40.33$85,338.28View SEC Filing Icon  
6/26/2013Sell2,884$40.06$115,533.04View SEC Filing Icon  
6/17/2013Sell5,000$40.07$200,350.00View SEC Filing Icon  
6/10/2013Sell5,000$41.77$208,850.00View SEC Filing Icon  
6/4/2013Sell8,181$42.58$348,346.98View SEC Filing Icon  
6/3/2013Sell6,819$42.44$289,398.36View SEC Filing Icon  
5/28/2013Sell15,000$43.90$658,500.00View SEC Filing Icon  
5/21/2013Sell26,832$45.08$1,209,586.56View SEC Filing Icon  
5/20/2013Sell15,000$44.34$665,100.00View SEC Filing Icon  
5/16/2013Sell9,899$44.97$445,158.03View SEC Filing Icon  
5/13/2013Sell15,000$43.17$647,550.00View SEC Filing Icon  
5/9/2013Sell3,303$42.69$141,005.07View SEC Filing Icon  
4/10/2013Sell9,900$42.76$423,324.00View SEC Filing Icon  
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Balu Balakrishnan Buying and Selling Activity at Power Integrations

This chart shows Balu Balakrishnan's buying and selling at Power Integrations by year and by quarter.

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Power Integrations Company Overview

Power Integrations logo
Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; InnoSwitch IC for electric vehicles; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales staff, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.
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Today's Range

Now: $63.78
Low: $63.55
High: $64.50

50 Day Range

MA: $71.30
Low: $63.96
High: $81.54

2 Week Range

Now: $63.78
Low: $63.55
High: $99.60

Volume

15,114 shs

Average Volume

378,762 shs

Market Capitalization

$3.63 billion

P/E Ratio

65.75

Dividend Yield

1.22%

Beta

1.21