Today, the VP Sales of Power Integrations (POWI), Ben Sutherland, bought shares of POWI for $2,152.
In addition to Ben Sutherland, 7 other POWI executives reported Buy trades in the last month. Following Ben Sutherland’s last POWI Buy transaction on January 31, 2019, the stock climbed by 1.7%.
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Based on Power Integrations’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $110 million and quarterly net profit of $17.67 million. In comparison, last year the company earned revenue of $108 million and had a GAAP net loss of $16.9 million. POWI’s market cap is $1.99B and the company has a P/E ratio of 68.37. Currently, Power Integrations has an average volume of 49.74K.
In the last 30 days, insiders have sold $1.3M worth of POWI shares and purchased $11.46K worth of POWI shares. The insider sentiment on Power Integrations has been negative according to 93 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
