Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Power Integrations (POWI) Stock Price

Media stories about Power Integrations (NASDAQ:POWI) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Power Integrations earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 45.9259271849838 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

A number of research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Power Integrations from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Wednesday, November 1st. Drexel Hamilton restated a “buy” rating and set a $84.00 price target on shares of Power Integrations in a report on Friday, October 27th. BidaskClub downgraded shares of Power Integrations from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Stifel Nicolaus restated a “buy” rating on shares of Power Integrations in a report on Wednesday, September 13th. Finally, Susquehanna Bancshares started coverage on shares of Power Integrations in a research note on Wednesday, December 13th. They issued a “neutral” rating and a $80.00 target price on the stock. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $81.40.

Power Integrations (NASDAQ:POWI) opened at $77.15 on Friday. Power Integrations has a 12 month low of $61.44 and a 12 month high of $86.60. The stock has a market cap of $2,246.59, a price-to-earnings ratio of 39.97 and a beta of 1.27.

Power Integrations (NASDAQ:POWI) last posted its earnings results on Thursday, October 26th. The semiconductor company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.05. Power Integrations had a net margin of 13.69% and a return on equity of 11.95%. The business had revenue of $111.30 million for the quarter, compared to analyst estimates of $111.82 million. During the same period last year, the business posted $0.67 EPS. Power Integrations’s revenue was up 9.5% compared to the same quarter last year. equities research analysts expect that Power Integrations will post 2.06 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Thursday, November 30th were paid a $0.14 dividend. The ex-dividend date was Wednesday, November 29th. This represents a $0.56 dividend on an annualized basis and a yield of 0.73%. Power Integrations’s payout ratio is presently 29.02%.

In other Power Integrations news, CEO Balu Balakrishnan sold 51,350 shares of the firm’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $80.71, for a total value of $4,144,458.50. Following the sale, the chief executive officer now directly owns 268,226 shares in the company, valued at approximately $21,648,520.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David Mh Matthews sold 704 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $78.33, for a total transaction of $55,144.32. Following the completion of the sale, the vice president now owns 42,654 shares in the company, valued at $3,341,087.82. The disclosure for this sale can be found here. Insiders sold a total of 63,089 shares of company stock worth $5,077,253 over the last quarter. 4.30% of the stock is currently owned by company insiders.

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About Power Integrations

Power Integrations, Inc designs, develops and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion. The Company’s products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use.

Insider Buying and Selling by Quarter for Power Integrations (NASDAQ:POWI)

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