Power Integrations (NASDAQ:POWI) Reaches New 12-Month Low – Here’s What Happened

Power Integrations, Inc. (NASDAQ:POWI) shares hit a new 52-week low on Friday . The company traded as low as $33.52 and last traded at $34.3980, with a volume of 110979 shares changing hands. The stock had previously closed at $34.75.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on POWI shares. Susquehanna dropped their target price on shares of Power Integrations from $70.00 to $55.00 and set a “positive” rating on the stock in a research report on Thursday, August 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Power Integrations in a research report on Wednesday, October 8th. Benchmark reduced their target price on shares of Power Integrations from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Finally, Wall Street Zen cut Power Integrations from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Power Integrations Price Performance

The business’s 50 day simple moving average is $41.48 and its 200 day simple moving average is $48.20. The stock has a market cap of $1.92 billion, a P/E ratio of 59.64, a PEG ratio of 2.71 and a beta of 1.42.

Power Integrations (NASDAQ:POWI) last posted its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The business had revenue of $118.92 million for 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 firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 earnings per share. Power Integrations has set its Q4 2025 guidance at EPS. Research analysts predict that Power Integrations, Inc. will post 0.93 earnings per share for the current year.

Power Integrations Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders 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 dividend yield of 2.4%. Power Integrations’s dividend payout ratio is 270.97%.

Insiders Place Their Bets

In other news, VP Doug Bailey sold 16,989 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $46.41, for a total value of $788,459.49. Following the completion of the transaction, the vice president owned 50,798 shares of the company’s stock, valued at $2,357,535.18. The trade was a 25.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 17,556 shares of company stock valued at $811,816 in the last quarter. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its position in shares of Power Integrations by 6.6% during the first quarter. Envestnet Asset Management Inc. now owns 289,972 shares of the semiconductor company’s stock worth $14,644,000 after buying an additional 17,905 shares during the period. Allworth Financial LP grew its position 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 in the last quarter. New York State Common Retirement Fund boosted its stake in shares of Power Integrations by 18.3% during the 1st quarter. New York State Common Retirement Fund now owns 157,468 shares of the semiconductor company’s stock worth $7,952,000 after buying an additional 24,309 shares during the last quarter. Larson Financial Group LLC acquired a new stake in shares of Power Integrations in the first quarter valued at about $45,000. Finally, Victory Capital Management Inc. raised its holdings in Power Integrations by 1.2% during the first quarter. Victory Capital Management Inc. now owns 17,385 shares of the semiconductor company’s stock worth $878,000 after acquiring an additional 200 shares in the last quarter.

About Power Integrations

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.