Power Integrations (NASDAQ:POWI) Price Target Lowered to $50.00 at Benchmark

Power Integrations (NASDAQ:POWI) had its price target lowered by Benchmark from $55.00 to $50.00 in a report published on Thursday,Benzinga reports. The firm currently has a buy rating on the semiconductor company’s stock.

Other analysts also recently issued research reports about the company. Wall Street Zen downgraded Power Integrations from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Power Integrations in a research report on Wednesday, October 8th. Finally, Susquehanna cut 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. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Power Integrations has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Power Integrations Price Performance

POWI stock opened at $36.52 on Thursday. The company has a market capitalization of $2.05 billion, a P/E ratio of 62.97, a price-to-earnings-growth ratio of 2.71 and a beta of 1.42. Power Integrations has a 12 month low of $34.55 and a 12 month high of $68.86. The firm’s fifty day simple moving average is $42.42 and its 200-day simple moving average is $48.64.

Power Integrations (NASDAQ:POWI) last issued its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share (EPS) 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 firm had revenue of $118.92 million during the quarter, compared to analysts’ expectations of $118.36 million. During the same quarter last year, the company posted $0.40 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year. Power Integrations has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Power Integrations 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. Investors of record on Friday, November 28th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 28th. Power Integrations’s payout ratio is presently 270.97%.

Insider Buying and Selling at Power Integrations

In related news, VP Doug Bailey sold 16,989 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $46.41, for a total value of $788,459.49. Following the transaction, the vice president directly 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 filing with the SEC, which can be accessed through the SEC website. Also, VP Gagan Jain sold 2,036 shares of Power Integrations stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $46.05, for a total value of $93,757.80. Following the completion of the sale, the vice president owned 18,812 shares in the company, valued at approximately $866,292.60. The trade was a 9.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 36,581 shares of company stock worth $1,701,678. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in POWI. Hantz Financial Services Inc. grew its holdings in shares of Power Integrations by 475.9% during the second quarter. Hantz Financial Services Inc. now owns 478 shares of the semiconductor company’s stock worth $27,000 after buying an additional 395 shares in the last quarter. Allworth Financial LP grew its stake in Power Integrations by 257.8% during the 1st quarter. Allworth Financial LP now owns 594 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 428 shares in the last quarter. Bayforest Capital Ltd grew its stake in Power Integrations by 54.3% during the 1st quarter. Bayforest Capital Ltd now owns 631 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 222 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Power Integrations by 576.3% in the 1st 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 last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in Power Integrations by 125.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 585 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 326 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.