Power Integrations, Inc. (NASDAQ:POWI) is expected to pay $0.13 on Dec 30, 2016. The indicated annual dividend is $0.52. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Power Integrations, Inc.’s current price of $68.60, the dividend is 0.19%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 28, 2016. The stock increased 0.15% or $0.1 on November 25, hitting $68.6. About 45,398 shares traded hands. Power Integrations Inc (NASDAQ:POWI) has risen 49.26% since April 25, 2016 and is uptrending. It has outperformed by 43.25% the S&P500.
Power Integrations, Inc. designs, develops and markets analog and mixed-signal integrated circuits and other electronic components and circuitry used in high-voltage power conversion. The company has a market cap of $2.00 billion. The Company’s products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use. It has a 42.92 P/E ratio. The Company’s alternating current (AC)-direct current (DC) power conversion products are TinySwitch, LinkSwitch and Hiper families.
Insitutional Activity: The institutional sentiment decreased to 1.15 in 2016 Q2. Its down 0.23, from 1.38 in 2016Q1. The ratio fall, as 11 funds sold all Power Integrations Inc shares owned while 57 reduced positions. 30 funds bought stakes while 64 increased positions. They now own 27.49 million shares or 0.74% more from 27.29 million shares in 2016Q1.
Moreover, Putnam Invs Lc has 0.01% invested in Power Integrations Inc (NASDAQ:POWI) for 54,845 shares. Texas Permanent School Fund owns 22,023 shares or 0.01% of their US portfolio. Royal Bancorporation Of Canada accumulated 0% or 28,427 shares. Piermont Cap Mngmt holds 0.68% of its portfolio in Power Integrations Inc (NASDAQ:POWI) for 52,518 shares. Hsbc Holdings Public Limited last reported 4,570 shares in the company. Fiera Cap has 829,683 shares for 0.23% of their US portfolio. Quantitative Investment Mngmt Limited Co has 0.02% invested in the company for 8,200 shares. Vanguard Gru last reported 2.21 million shares in the company. Robecosam Ag last reported 160,950 shares in the company. Raymond James Associates reported 44,139 shares or 0.01% of all its holdings. Northern has invested 0.01% of its portfolio in Power Integrations Inc (NASDAQ:POWI). Archford Strategies Llc has invested 0% of its portfolio in Power Integrations Inc (NASDAQ:POWI). Principal Gru Incorporated has 0.01% invested in the company for 202,675 shares. Moreover, Penbrook Management Ltd Company has 0.57% invested in Power Integrations Inc (NASDAQ:POWI) for 10,400 shares. Ameriprise Fincl has invested 0.01% of its portfolio in Power Integrations Inc (NASDAQ:POWI).
Insider Transactions: Since June 9, 2016, the stock had 0 insider buys, and 52 sales for $21.84 million net activity. On Friday, August 26 the insider BALAKRISHNAN BALU sold $215,280. Bailey Doug had sold 500 shares worth $27,880. $346,812 worth of Power Integrations Inc (NASDAQ:POWI) was sold by NAYYAR SANDEEP on Tuesday, November 22. WALKER CLIFFORD sold $1.56 million worth of stock. Shares for $233,577 were sold by Bickell Alan on Thursday, August 25. Sutherland Ben sold $12,229 worth of Power Integrations Inc (NASDAQ:POWI) on Tuesday, November 15. 10,000 shares were sold by SHARP STEVEN, worth $652,004.
Power Integrations Inc (NASDAQ:POWI) Ratings Coverage
Out of 3 analysts covering Power Integrations (NASDAQ:POWI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Power Integrations has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Sidoti downgraded Power Integrations Inc (NASDAQ:POWI) on Monday, November 23 to “Neutral” rating. Stifel Nicolaus maintained it with “Buy” rating and $56 target price in Thursday, July 30 report. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, October 13. Stifel Nicolaus maintained Power Integrations Inc (NASDAQ:POWI) rating on Friday, November 13. Stifel Nicolaus has “Buy” rating and $58 price target. Northland Capital maintained the stock with “Outperform” rating in Thursday, October 29 report. The stock of Power Integrations Inc (NASDAQ:POWI) has “Outperform” rating given on Thursday, July 30 by Northland Capital. The firm has “Neutral” rating by Sidoti given on Thursday, June 23. The stock has “Buy” rating given by Sidoti on Friday, January 8.
Another recent and important Power Integrations Inc (NASDAQ:POWI) news was published by Businesswire.com which published an article titled: “Power Integrations Appoints Thomas Simonis as VP of High-Power Products” on July 25, 2016.
POWI Company Profile
Power Integrations, Inc., incorporated on August 12, 1997, designs, develops, and markets analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. The Company’s products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use. The Company’s ICs used in alternating current (AC)-direct current (DC) power supplies convert high-voltage AC to the low-voltage DC required by electronic devices. The Company’s power supplies are used with various electronic products, including mobile phones computers entertainment and networking equipment appliances utility meters industrial controls and light emitting diodes (LED) lights. The Firm sells its products to original equipment manufacturers and merchant power supply manufacturers through its network. The Firm has presence in various countries, including the United States, Switzerland, the United Kingdom, Germany, Italy, India, China, Japan, Korea, Philippines, Singapore and Taiwan.
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