Robeco Schweiz AG decreased its holdings in Power Integrations, Inc. (NASDAQ:POWI – Free Report) by 4.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 645,060 shares of the semiconductor company’s stock after selling 29,268 shares during the period. Robeco Schweiz AG’s holdings in Power Integrations were worth $36,059,000 as of its most recent filing with the SEC.
A number of other large investors have also recently made changes to their positions in POWI. Foresight Group Ltd Liability Partnership bought a new position in Power Integrations in the first quarter valued at about $11,271,000. WCM Investment Management LLC increased its position in shares of Power Integrations by 5.9% during the 2nd quarter. WCM Investment Management LLC now owns 260,629 shares of the semiconductor company’s stock valued at $14,530,000 after purchasing an additional 14,441 shares during the last quarter. Savvy Advisors Inc. bought a new position in shares of Power Integrations in the 1st quarter worth approximately $630,000. Sei Investments Co. boosted its holdings in shares of Power Integrations by 7.1% in the first quarter. Sei Investments Co. now owns 103,425 shares of the semiconductor company’s stock worth $5,223,000 after buying an additional 6,827 shares during the last quarter. Finally, New York State Common Retirement Fund grew its position in Power Integrations by 18.3% during the first quarter. New York State Common Retirement Fund now owns 157,468 shares of the semiconductor company’s stock valued at $7,952,000 after buying an additional 24,309 shares during the period.
Insider Activity
In related news, VP Doug Bailey sold 16,989 shares of Power Integrations stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $46.41, for a total transaction of $788,459.49. Following the sale, the vice president owned 50,798 shares of the company’s stock, valued at approximately $2,357,535.18. This trade represents a 25.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 34,545 shares of company stock worth $1,607,921 in the last three months. Company insiders own 1.40% of the company’s stock.
Power Integrations Price Performance
Power Integrations (NASDAQ:POWI – Get Free Report) last issued its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. Power Integrations had a net margin of 7.59% and a return on equity of 5.86%. The company had revenue of $118.92 million during the quarter, compared to the consensus estimate of $118.36 million. During the same quarter in the prior year, the firm posted $0.40 EPS. Power Integrations’s quarterly revenue was up 2.7% compared to the same quarter last year. Power Integrations has set its Q4 2025 guidance at EPS. On average, research analysts expect that Power Integrations, Inc. will post 0.93 EPS for the current year.
Power Integrations Announces Dividend
The firm also recently disclosed 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%.
Wall Street Analyst Weigh In
A number of analysts have commented on POWI shares. Susquehanna reduced their target price on shares of Power Integrations from $70.00 to $55.00 and set a “positive” rating for the company in a report on Thursday, August 7th. Wall Street Zen lowered Power Integrations from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Power Integrations in a research report on Wednesday, October 8th. Finally, Benchmark cut their price target on Power Integrations from $55.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $60.00.
Read Our Latest Research Report on POWI
Power Integrations Company 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.
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