On February 12, 2024, Sandeep Nayyar, the CFO of Power Integrations Inc, sold 2,812 shares of the company's stock. The transaction was filed with the SEC and can be found in detail through the following SEC Filing.
Power Integrations Inc is a semiconductor company that designs, develops, and markets integrated circuits for use in high-voltage power conversion. The company's products are used in a variety of electronic devices and industries, including consumer electronics, industrial, and renewable energy applications.
Over the past year, the insider has sold a total of 34,351 shares and has not made any purchases of the company's stock.
The insider transaction history for Power Integrations Inc shows a pattern of selling activity, with 0 insider buys and 53 insider sells over the past year.
On the day of the insider's recent sale, shares of Power Integrations Inc were trading at $79.99, resulting in a market cap of $4.277 billion.
The company's price-earnings ratio stands at 77.52, which is above both the industry median of 28.1 and the historical median price-earnings ratio for the company.
According to the GuruFocus Value, with a stock price of $79.99 and a GF Value of $64.86, Power Integrations Inc has a price-to-GF-Value ratio of 1.23, indicating that the stock is considered Modestly Overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
