Envestnet Asset Management Inc. Boosts Holdings in Power Integrations, Inc. $POWI

Envestnet Asset Management Inc. raised its holdings in Power Integrations, Inc. (NASDAQ:POWI) by 4.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 301,757 shares of the semiconductor company’s stock after buying an additional 11,785 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.54% of Power Integrations worth $16,868,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in POWI. Allworth Financial LP grew its holdings in Power Integrations by 257.8% in the first quarter. Allworth Financial LP now owns 594 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 428 shares during the period. Bayforest Capital Ltd grew its holdings in Power Integrations by 54.3% in the first quarter. Bayforest Capital Ltd now owns 631 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 222 shares during the period. 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. MassMutual Private Wealth & Trust FSB grew its stake in shares of Power Integrations by 364.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 622 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 488 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Power Integrations by 841.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 781 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 698 shares during the period.

Power Integrations Stock Performance

Shares of POWI opened at $39.59 on Thursday. The company has a market capitalization of $2.22 billion, a P/E ratio of 68.26, a P/E/G ratio of 2.71 and a beta of 1.37. The stock has a 50-day moving average price of $42.61 and a 200 day moving average price of $48.72. Power Integrations, Inc. has a one year low of $34.55 and a one year high of $69.53.

Power Integrations (NASDAQ:POWI) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The company had revenue of $118.92 million during the quarter, compared to analysts’ expectations of $118.36 million. Power Integrations had a return on equity of 5.86% and a net margin of 7.59%.The business’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 EPS. Power Integrations has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Power Integrations, Inc. will post 0.93 earnings per share for the current fiscal year.

Power Integrations Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, November 28th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, November 28th. Power Integrations’s dividend payout ratio is 144.83%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on POWI. Wall Street Zen downgraded Power Integrations from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Benchmark reiterated a “buy” rating and set a $55.00 target price on shares of Power Integrations in a report on Tuesday, September 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Power Integrations in a report on Wednesday, October 8th. Finally, Susquehanna decreased their price objective on shares of Power Integrations from $70.00 to $55.00 and set a “positive” rating for the company in a research note on Thursday, August 7th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $61.67.

Insider Transactions at Power Integrations

In other news, VP Gagan Jain sold 2,036 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $46.05, for a total value of $93,757.80. Following the sale, the vice president owned 18,812 shares in the company, valued at approximately $866,292.60. This represents a 9.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Doug Bailey sold 16,989 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $46.41, for a total transaction of $788,459.49. Following the completion of the sale, the vice president owned 50,798 shares in the company, valued at approximately $2,357,535.18. This trade represents a 25.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 36,581 shares of company stock worth $1,701,678. Company insiders own 1.40% of the company’s stock.

Power Integrations Profile

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.