Atria Investments Inc Acquires 2,205 Shares of Power Integrations, Inc. $POWI

Atria Investments Inc raised its holdings in Power Integrations, Inc. (NASDAQ:POWI) by 31.6% during the second quarter, Holdings Channel.com reports. The fund owned 9,192 shares of the semiconductor company’s stock after purchasing an additional 2,205 shares during the period. Atria Investments Inc’s holdings in Power Integrations were worth $514,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. lifted its stake in shares of Power Integrations by 475.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 478 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 395 shares during the period. Allworth Financial LP increased its holdings 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 during the last quarter. Bayforest Capital Ltd lifted its stake in Power Integrations by 54.3% in the first quarter. Bayforest Capital Ltd now owns 631 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 222 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Power Integrations by 576.3% during the first quarter. Geneos Wealth Management Inc. now owns 629 shares of the semiconductor company’s stock worth $32,000 after buying an additional 536 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Power Integrations by 364.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 622 shares of the semiconductor company’s stock worth $35,000 after buying an additional 488 shares during the period.

Insider Activity

In related news, VP Doug Bailey sold 16,989 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $46.41, for a total value of $788,459.49. Following the sale, the vice president owned 50,798 shares in the company, valued at approximately $2,357,535.18. This represents a 25.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Gagan Jain sold 2,036 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $46.05, for a total transaction of $93,757.80. Following the completion of the transaction, the vice president directly owned 18,812 shares in the company, valued at approximately $866,292.60. This represents a 9.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 36,581 shares of company stock valued at $1,701,678 over the last quarter. 1.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

POWI has been the topic of a number of analyst reports. Susquehanna cut their price target 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. Wall Street Zen downgraded shares of Power Integrations from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Benchmark cut 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. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Power Integrations in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Power Integrations presently has a consensus rating of “Moderate Buy” and an average price target of $60.00.

Power Integrations Stock Performance

Shares of POWI stock opened at $35.30 on Monday. Power Integrations, Inc. has a 52 week low of $34.30 and a 52 week high of $68.86. The company’s 50 day moving average price is $42.22 and its two-hundred day moving average price is $48.59. The company has a market capitalization of $1.95 billion, a P/E ratio of 60.86, a price-to-earnings-growth ratio of 2.71 and a beta of 1.42.

Power Integrations (NASDAQ:POWI) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Power Integrations had a return on equity of 5.86% and a net margin of 7.59%.The firm had revenue of $118.92 million during the quarter, compared to analysts’ expectations of $118.36 million. During the same quarter in the prior year, the company earned $0.40 EPS. The company’s revenue was up 2.7% on a year-over-year basis. Power Integrations has set its Q4 2025 guidance at EPS. Analysts forecast that Power Integrations, Inc. will post 0.93 earnings per share for the current year.

Power Integrations Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, November 28th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, November 28th. Power Integrations’s dividend payout ratio is presently 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.