Power Integrations, Inc. $POWI Position Reduced by Federated Hermes Inc.

Federated Hermes Inc. reduced its position in Power Integrations, Inc. (NASDAQ:POWI) by 57.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 277,060 shares of the semiconductor company’s stock after selling 369,416 shares during the period. Federated Hermes Inc.’s holdings in Power Integrations were worth $11,141,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Baird Financial Group Inc. boosted its stake in Power Integrations by 5.4% in the 1st quarter. Baird Financial Group Inc. now owns 5,053 shares of the semiconductor company’s stock worth $255,000 after purchasing an additional 261 shares during the period. Royal Bank of Canada raised its stake in Power Integrations by 5.0% during the 1st quarter. Royal Bank of Canada now owns 75,792 shares of the semiconductor company’s stock valued at $3,827,000 after purchasing an additional 3,622 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Power Integrations by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,680 shares of the semiconductor company’s stock valued at $1,701,000 after purchasing an additional 1,461 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Power Integrations by 14.9% in the first quarter. Goldman Sachs Group Inc. now owns 572,360 shares of the semiconductor company’s stock valued at $28,904,000 after purchasing an additional 74,107 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Power Integrations by 15.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 174,754 shares of the semiconductor company’s stock worth $8,825,000 after buying an additional 23,389 shares during the period.

Power Integrations Stock Performance

Shares of NASDAQ POWI opened at $45.94 on Friday. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 148.19, a PEG ratio of 5.48 and a beta of 1.36. The business has a 50 day simple moving average of $38.82 and a 200 day simple moving average of $41.89. Power Integrations, Inc. has a 52 week low of $30.86 and a 52 week high of $68.20.

Power Integrations (NASDAQ:POWI) last posted its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. Power Integrations had a net margin of 4.03% and a return on equity of 4.49%. The firm had revenue of $118.92 million during the quarter, compared to analysts’ expectations of $118.36 million. During the same period in the previous year, the company earned $0.40 earnings per share. The company’s revenue was up 2.7% compared to the same quarter last year. On average, analysts predict that Power Integrations, Inc. will post 0.93 EPS for the current year.

Power Integrations Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, November 28th were given a $0.21 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.8%. Power Integrations’s payout ratio is currently 270.97%.

Power Integrations News Summary

Here are the key news stories impacting Power Integrations this week:

• Neutral Sentiment: Upcoming earnings: Power Integrations is projected to post quarterly results this week, which can act as the next major catalyst and likely explains some pre-report positioning by investors. Expect guidance/comments and revenue/margin details to drive near-term moves. Earnings Projection
• Neutral Sentiment: Mixed analyst landscape: some firms recently raised targets (Benchmark, Susquehanna) while others keep sell calls (Weiss); MarketBeat shows an average “Moderate Buy” consensus and an average target near $61 — this mixed backdrop means any strong beat/miss will likely shift sentiment quickly. Analyst Coverage
• Negative Sentiment: Zacks downgrade to “strong sell”: Zacks Research cut POWI from Hold to Strong Sell, a fresh negative analyst signal that can pressure sentiment and amplify selling by momentum or quant funds. Zacks Report
• Negative Sentiment: Insider selling by senior VPs: two vice presidents disclosed sales on Jan. 29 — Sunil Gupta sold 1,698 shares and Gagan Jain sold 995 shares, both at about $46.50. Each sale reduced their holdings modestly (1.7–3.0% of their positions) but multiple executive sales in a short window are often viewed negatively by the market. Insider Trades

Analysts Set New Price Targets

POWI has been the topic of several recent analyst reports. Zacks Research lowered Power Integrations from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Benchmark lifted their target price on Power Integrations from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Power Integrations in a research report on Monday, December 29th. Finally, Susquehanna raised their price target on shares of Power Integrations from $50.00 to $53.00 and gave the stock a “positive” rating in a report on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $61.00.

Insider Activity

In other news, VP Sunil Gupta sold 1,698 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $46.50, for a total transaction of $78,957.00. Following the transaction, the vice president owned 97,672 shares of the company’s stock, valued at approximately $4,541,748. This represents a 1.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Gagan Jain sold 995 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $46.50, for a total value of $46,267.50. Following the completion of the transaction, the vice president directly owned 32,549 shares in the company, valued at $1,513,528.50. The trade was a 2.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,837 shares of company stock valued at $164,604. 1.40% of the stock is currently owned by corporate insiders.

About Power Integrations

Power Integrations, Inc, based in Hillsboro, Oregon, specializes in the design and development of high-performance analog and mixed-signal integrated circuits for energy-efficient power conversion. The company’s products are used to convert and regulate electrical power in a wide range of applications, from consumer electronics and industrial systems to communications equipment and electric vehicle charging. By providing compact, reliable, and highly integrated solutions, Power Integrations aims to reduce system size, improve efficiency, and simplify thermal management for its customers.

The firm’s product portfolio encompasses isolated and non-isolated switching controllers for both AC-DC and DC-DC power conversion.