Power Integrations Inc (NASDAQ: POWI) is -0.55% lower on its value in year-to-date trading and has touched a low of $56.63 and a high of $85.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The POWI stock was last observed hovering at around $62.56 in the last trading session, with the day’s loss setting it -1.2%.
Currently trading at $61.36, the stock is -2.74% and -3.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.37 million and changing -1.92% at the moment leaves the stock -8.49% off its SMA200. POWI registered -20.57% loss for a year compared to 6-month loss of -14.79%. The firm has a 50-day simple moving average (SMA 50) of $63.6156 and a 200-day simple moving average (SMA200) of $67.052.
The stock witnessed a -2.82% gain in the last 1 month and extending the period to 3 months gives it a -1.43%, and is -0.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.80% over the week and 3.50% over the month.
Power Integrations Inc (POWI) has around 819 employees, a market worth around $3.49B and $403.23M in sales. Current P/E ratio is 93.79 and Fwd P/E is 40.47. Profit margin for the company is 9.27%. Distance from 52-week low is 8.35% and -27.81% from its 52-week high. The company has generated returns on investments over the last 12 months (4.99%).
The EPS is expected to shrink by -11.78% this year
459.0 institutions hold shares in Power Integrations Inc (POWI), with institutional investors hold 105.37% of the company’s shares. The shares outstanding are 56.84M, and float is at 55.72M with Short Float at 6.93%. Institutions hold 104.10% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.42 million shares valued at $520.92 million. The investor’s holdings represent 13.0706 of the POWI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.66 million shares valued at $467.32 million to account for 11.726 of the shares outstanding. The other top investors are NEUBERGER BERMAN GROUP LLC which holds 3.6 million shares representing 6.3455 and valued at over $252.89 million, while STATE STREET CORP holds 4.4256 of the shares totaling 2.51 million with a market value of $176.38 million.
Power Integrations Inc (POWI) Insider Activity
The most recent transaction is an insider sale by WALKER CLIFFORD, the company’s VP Corporate Development. SEC filings show that WALKER CLIFFORD sold 10,000 shares of the company’s common stock on Nov 27 ’24 at a price of $64.36 per share for a total of $0.64 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Nov 11 ’24, Bailey Doug (VP Marketing) disposed off 8,549 shares at an average price of $64.96 for $0.56 million. The insider now directly holds 86,375 shares of Power Integrations Inc (POWI).
