Grantham Mayo Van Otterloo & Co. LLC Sells 16,235 Shares of Power Integrations, Inc. $POWI

Grantham Mayo Van Otterloo & Co. LLC cut its stake in shares of Power Integrations, Inc. (NASDAQ:POWI) by 3.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 460,765 shares of the semiconductor company’s stock after selling 16,235 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Power Integrations were worth $25,757,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Foresight Group Ltd Liability Partnership purchased a new position in Power Integrations during the 1st quarter worth $11,271,000. WCM Investment Management LLC lifted its holdings in shares of Power Integrations by 5.9% in the 2nd quarter. WCM Investment Management LLC now owns 260,629 shares of the semiconductor company’s stock worth $14,530,000 after buying an additional 14,441 shares during the period. Savvy Advisors Inc. bought a new position in shares of Power Integrations during the 1st quarter worth $630,000. Sei Investments Co. increased its stake in shares of Power Integrations by 7.1% during the first quarter. Sei Investments Co. now owns 103,425 shares of the semiconductor company’s stock valued at $5,223,000 after buying an additional 6,827 shares during the period. Finally, AlphaQuest LLC raised its holdings in shares of Power Integrations by 233.2% in the first quarter. AlphaQuest LLC now owns 11,617 shares of the semiconductor company’s stock valued at $587,000 after acquiring an additional 8,131 shares in the last quarter.

Insider Transactions at Power Integrations

In related news, VP Gagan Jain sold 1,033 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $33.80, for a total transaction of $34,915.40. Following the transaction, the vice president directly owned 17,212 shares of the company’s stock, valued at $581,765.60. This represents a 5.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders sold 1,600 shares of company stock worth $58,272. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

POWI has been the topic of several recent research reports. Wall Street Zen cut shares of Power Integrations from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Benchmark dropped their price objective on shares of Power Integrations from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Power Integrations in a report on Wednesday, November 19th. Finally, Susquehanna lowered their target price on 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, Power Integrations currently has a consensus rating of “Moderate Buy” and an average price target of $60.00.

Power Integrations Stock Down 0.4%

Shares of Power Integrations stock opened at $33.59 on Friday. The company has a market cap of $1.86 billion, a P/E ratio of 57.91, a PEG ratio of 2.71 and a beta of 1.42. The firm’s 50 day moving average price is $38.89 and its 200-day moving average price is $46.79. Power Integrations, Inc. has a 52-week low of $30.86 and a 52-week high of $68.20.

Power Integrations (NASDAQ:POWI) last announced its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, beating 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 period last year, the firm earned $0.40 earnings per share. Power Integrations’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, equities research analysts forecast that Power Integrations, Inc. will post 0.93 EPS for the current fiscal year.

Power Integrations Announces Dividend

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 dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, November 28th. Power Integrations’s payout ratio is 270.97%.

Power Integrations 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.