Power Integrations (NASDAQ:POWI) Announces Quarterly Earnings Results

Power Integrations (NASDAQ:POWI) announced its quarterly earnings results on Thursday. The semiconductor company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.12), Zacks reports. Power Integrations had a net margin of 9.27% and a return on equity of 4.14%. Power Integrations updated its Q1 2025 guidance to EPS.

Power Integrations Stock Down 2.8 %

Power Integrations stock opened at $60.75 on Friday. The firm has a fifty day moving average of $62.59 and a 200-day moving average of $63.40. Power Integrations has a 52-week low of $56.63 and a 52-week high of $85.00. The firm has a market capitalization of $3.45 billion, a P/E ratio of 92.05, a PEG ratio of 4.06 and a beta of 1.11.

Power Integrations Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 29th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend was Friday, November 29th. This is an increase from Power Integrations’s previous quarterly dividend of $0.20. Power Integrations’s dividend payout ratio is 127.27%.

Insider Activity at Power Integrations

In other Power Integrations news, VP Doug Bailey sold 8,549 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $64.96, for a total value of $555,343.04. Following the transaction, the vice president now directly owns 86,375 shares of the company’s stock, valued at $5,610,920. This represents a 9.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Balu Balakrishnan sold 12,507 shares of Power Integrations stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $60.64, for a total transaction of $758,424.48. Following the completion of the sale, the chief executive officer now owns 600,002 shares of the company’s stock, valued at approximately $36,384,121.28. This trade represents a 2.04 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 38,680 shares of company stock worth $2,420,526. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on POWI shares. Benchmark reiterated a “buy” rating and issued a $78.00 price target on shares of Power Integrations in a research report on Friday. Susquehanna decreased their target price on shares of Power Integrations from $80.00 to $77.00 and set a “positive” rating on the stock in a research report on Thursday, November 7th. Finally, StockNews.com upgraded Power Integrations from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Power Integrations currently has an average rating of “Moderate Buy” and a consensus price target of $78.00.

About Power Integrations

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.