Ceredex Value Advisors LLC Has $11.15 Million Position in Power Integrations, Inc. $POWI

Ceredex Value Advisors LLC lowered its stake in shares of Power Integrations, Inc. (NASDAQ:POWIFree Report) by 26.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 199,400 shares of the semiconductor company’s stock after selling 71,600 shares during the quarter. Ceredex Value Advisors LLC owned about 0.36% of Power Integrations worth $11,146,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of POWI. Hantz Financial Services Inc. boosted its holdings in shares of Power Integrations by 475.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 478 shares of the semiconductor company’s stock worth $27,000 after buying an additional 395 shares during the period. Bayforest Capital Ltd lifted its position in Power Integrations by 54.3% during the 1st quarter. Bayforest Capital Ltd now owns 631 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 222 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in Power Integrations by 576.3% during the first quarter. Geneos Wealth Management Inc. now owns 629 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 536 shares during the period. Parkside Financial Bank & Trust grew its position in shares of Power Integrations by 125.9% in the second quarter. Parkside Financial Bank & Trust now owns 585 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 326 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Power Integrations by 364.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 622 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 488 shares during the period.

Insider Transactions at Power Integrations

In other Power Integrations news, VP Gagan Jain sold 1,033 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $33.80, for a total transaction of $34,915.40. Following the completion of the transaction, the vice president owned 17,212 shares in the company, valued at $581,765.60. This trade represents a 5.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 1,600 shares of company stock valued at $58,272 over the last three months. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on POWI shares. Susquehanna decreased their target price on Power Integrations from $70.00 to $55.00 and set a “positive” rating for the company in a research note on Thursday, August 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Power Integrations in a research report on Wednesday, November 19th. Benchmark dropped their target price on shares of Power Integrations from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Finally, Wall Street Zen downgraded shares of Power Integrations from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $60.00.

Get Our Latest Analysis on POWI

Power Integrations Trading Down 0.4%

Shares of NASDAQ POWI opened at $33.59 on Friday. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 57.91, a PEG ratio of 2.71 and a beta of 1.42. Power Integrations, Inc. has a one year low of $30.86 and a one year high of $68.20. The business has a fifty day simple moving average of $38.89 and a 200 day simple moving average of $46.79.

Power Integrations (NASDAQ:POWIGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The firm had revenue of $118.92 million for the quarter, compared to the consensus estimate of $118.36 million. Power Integrations had a net margin of 7.59% and a return on equity of 5.86%. The business’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.40 earnings per share. Power Integrations has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Power Integrations, Inc. will post 0.93 earnings per share for the current fiscal year.

Power Integrations Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, November 28th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.84 dividend on an annualized basis and a yield of 2.5%. Power Integrations’s payout ratio is presently 270.97%.

Power Integrations Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Power Integrations (NASDAQ:POWI)

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