Personal CFO Solutions LLC Decreases Stock Holdings in Power Integrations, Inc. (NASDAQ:POWI)

Personal CFO Solutions LLC trimmed its stake in shares of Power Integrations, Inc. (NASDAQ:POWI) by 9.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,607 shares of the semiconductor company’s stock after selling 473 shares during the period. Personal CFO Solutions LLC’s holdings in Power Integrations were worth $284,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in POWI. Wellington Management Group LLP raised its holdings in shares of Power Integrations by 25.6% during the third quarter. Wellington Management Group LLP now owns 2,340,328 shares of the semiconductor company’s stock valued at $150,062,000 after purchasing an additional 476,986 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Power Integrations during the fourth quarter valued at approximately $7,470,000. Barclays PLC raised its holdings in shares of Power Integrations by 173.4% during the third quarter. Barclays PLC now owns 180,754 shares of the semiconductor company’s stock valued at $11,591,000 after purchasing an additional 114,644 shares during the last quarter. Disciplined Growth Investors Inc. MN raised its holdings in shares of Power Integrations by 4.0% during the third quarter. Disciplined Growth Investors Inc. MN now owns 2,111,663 shares of the semiconductor company’s stock valued at $135,400,000 after purchasing an additional 80,761 shares during the last quarter. Finally, WCM Investment Management LLC raised its holdings in shares of Power Integrations by 37.3% during the third quarter. WCM Investment Management LLC now owns 252,184 shares of the semiconductor company’s stock valued at $16,031,000 after purchasing an additional 68,502 shares during the last quarter.

Power Integrations Price Performance

POWI opened at $59.37 on Tuesday. The firm has a market cap of $3.38 billion, a P/E ratio of 104.16, a PEG ratio of 4.08 and a beta of 1.11. Power Integrations, Inc. has a 1-year low of $56.63 and a 1-year high of $79.13. The company has a 50 day simple moving average of $61.36 and a two-hundred day simple moving average of $62.52.

Power Integrations (NASDAQ:POWI) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.12). Power Integrations had a return on equity of 4.48% and a net margin of 7.69%. Equities analysts anticipate that Power Integrations, Inc. will post 0.93 earnings per share for the current year.

Power Integrations Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a $0.21 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.41%. Power Integrations’s payout ratio is currently 147.37%.

Insiders Place Their Bets

In related news, CEO Balu Balakrishnan sold 12,507 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $60.64, for a total transaction of $758,424.48. Following the completion of the transaction, the chief executive officer now owns 600,002 shares in the company, valued at approximately $36,384,121.28. This represents a 2.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Radu Barsan sold 10,393 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $66.08, for a total transaction of $686,769.44. Following the transaction, the vice president now owns 45,295 shares of the company’s stock, valued at approximately $2,993,093.60. This represents a 18.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 39,544 shares of company stock worth $2,433,105 over the last three months. 1.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on POWI. Benchmark restated a “buy” rating and set a $78.00 target price on shares of Power Integrations in a research report on Friday, February 7th. StockNews.com lowered shares of Power Integrations from a “buy” rating to a “hold” rating in a research report on Friday. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

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.