On April 2, 2024, Sandeep Nayyar, the Chief Financial Officer of Power Integrations Inc (POWI, Financial), sold 1,946 shares of the company. The transaction was reported in a recent 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 markets.
Over the past year, the insider has sold a total of 37,474 shares of Power Integrations Inc and has not made any purchases of the stock. The company's insider transaction history indicates a total of 67 insider sells and no insider buys over the same timeframe.
Shares of Power Integrations Inc were trading at $69.04 on the day of the insider's recent sale, resulting in a market capitalization of $3.952 billion. The price-earnings ratio of the company stands at 71.67, which is above both the industry median of 32.8 and the historical median price-earnings ratio for the company.
According to the GuruFocus Value, with a stock price of $69.04 and a GF Value of $65.03, Power Integrations Inc has a price-to-GF-Value ratio of 1.06, indicating that the stock is Fairly Valued.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, 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.
