In a report issued on March 25, Gus Richard from Northland Securities maintained a Hold rating on Power Integrations (POWI), with a price target of $52. The company’s shares opened today at $69.87.
According to TipRanks.com, Richard is a 5-star analyst with an average return of 22.5% and a 67.6% success rate. Richard covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, Akoustis Technologies, and Ichor Holdings Ltd.
Power Integrations has an analyst consensus of Hold, with a price target consensus of $59.67.
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The company has a one-year high of $80.50 and a one-year low of $47.35. Currently, Power Integrations has an average volume of 159.2K.
Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is negative on the stock. Last month, Alan Bickell, a Director at POWI sold 1,666 shares for a total of $118,469.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Power Integrations, Inc. engages in the design, development and marketing of analog and mixed-signal integrated circuits and other electronic components and circuitry used in highvoltage power conversion. Its products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use.
