Power Integrations (NASDAQ:POWI) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of Power Integrations (NASDAQ:POWI) from a hold rating to a strong sell rating in a research note released on Wednesday morning,Zacks.com reports.

A number of other equities research analysts also recently weighed in on POWI. Susquehanna upped 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. Weiss Ratings reissued a “sell (d)” rating on shares of Power Integrations in a research note on Monday, December 29th. Finally, Benchmark upped their price objective on Power Integrations from $50.00 to $55.00 and gave the company a “buy” rating in a report on Friday, January 16th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Power Integrations presently has a consensus rating of “Hold” and an average target price of $61.00.

Power Integrations Stock Down 2.5%

Shares of NASDAQ POWI opened at $45.94 on Wednesday. The stock has a market cap of $2.54 billion, a P/E ratio of 148.19, a P/E/G ratio of 5.48 and a beta of 1.36. The firm’s 50-day simple moving average is $38.82 and its 200 day simple moving average is $41.98. Power Integrations has a fifty-two week low of $30.86 and a fifty-two week high of $68.20.

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 firm had revenue of $118.92 million for the quarter, compared to analysts’ expectations of $118.36 million. Power Integrations had a net margin of 4.03% and a return on equity of 4.49%. Power Integrations’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company earned $0.40 EPS. On average, sell-side analysts anticipate that Power Integrations will post 0.93 earnings per share for the current fiscal year.

Power Integrations Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, November 28th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.8%. Power Integrations’s payout ratio is 270.97%.

Insider Buying and Selling at Power Integrations

In related news, VP Sunil Gupta sold 1,698 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $46.50, for a total value of $78,957.00. Following the completion of the transaction, the vice president owned 97,672 shares in the company, valued at $4,541,748. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Gagan Jain sold 995 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $46.50, for a total value of $46,267.50. Following the sale, the vice president owned 32,549 shares in the company, valued at approximately $1,513,528.50. The trade was a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,837 shares of company stock valued at $164,604. 1.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Power Integrations

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in POWI. New York State Teachers Retirement System raised its stake in Power Integrations by 8.8% during the 4th quarter. New York State Teachers Retirement System now owns 25,400 shares of the semiconductor company’s stock valued at $903,000 after purchasing an additional 2,055 shares during the period. M&T Bank Corp raised its position in Power Integrations by 29.8% during the fourth quarter. M&T Bank Corp now owns 26,004 shares of the semiconductor company’s stock valued at $924,000 after buying an additional 5,966 shares during the period. Pictet Asset Management Holding SA lifted its stake in Power Integrations by 17.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,973 shares of the semiconductor company’s stock worth $354,000 after acquiring an additional 1,513 shares in the last quarter. UBS Group AG boosted its position in Power Integrations by 149.5% during the 4th quarter. UBS Group AG now owns 276,073 shares of the semiconductor company’s stock worth $9,812,000 after acquiring an additional 165,405 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in Power Integrations during the 4th quarter valued at about $231,000.

Power Integrations News Summary

Here are the key news stories impacting Power Integrations this week:

• Neutral Sentiment: Upcoming earnings: Power Integrations is projected to post quarterly results this week, which can act as the next major catalyst and likely explains some pre-report positioning by investors. Expect guidance/comments and revenue/margin details to drive near-term moves. Earnings Projection
• Neutral Sentiment: Mixed analyst landscape: some firms recently raised targets (Benchmark, Susquehanna) while others keep sell calls (Weiss); MarketBeat shows an average “Moderate Buy” consensus and an average target near $61 — this mixed backdrop means any strong beat/miss will likely shift sentiment quickly. Analyst Coverage
• Negative Sentiment: Zacks downgrade to “strong sell”: Zacks Research cut POWI from Hold to Strong Sell, a fresh negative analyst signal that can pressure sentiment and amplify selling by momentum or quant funds. Zacks Report
• Negative Sentiment: Insider selling by senior VPs: two vice presidents disclosed sales on Jan. 29 — Sunil Gupta sold 1,698 shares and Gagan Jain sold 995 shares, both at about $46.50. Each sale reduced their holdings modestly (1.7–3.0% of their positions) but multiple executive sales in a short window are often viewed negatively by the market. Insider Trades

About Power Integrations

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.