<div id="readability-page-1"><p>Jane Street Group LLC lessened its holdings in shares of  Power Integrations, Inc. (NASDAQ:POWI - Free Report) by 92.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 7,000 shares of the semiconductor company's stock after selling 89,372 shares during the quarter. Jane Street Group LLC's holdings in Power Integrations were worth $432,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Power Integrations</strong> alerts:</span></p></div><ul><li>Dividends Meet Chips: Top 3 Semiconductor Stocks for Growth</li></ul><p>Other institutional investors and hedge funds also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of  Power Integrations in the 4th quarter valued at approximately $288,000.  Charles Schwab Investment Management Inc. lifted its holdings in shares of  Power Integrations by 5.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 654,973 shares of the semiconductor company's stock worth $40,412,000 after buying an additional 33,741 shares during the last quarter.  Barclays PLC lifted its holdings in shares of  Power Integrations by 173.4% during the third quarter. Barclays PLC now owns 180,754 shares of the semiconductor company's stock worth $11,591,000 after buying an additional 114,644 shares during the last quarter.  Raymond James Financial Inc. acquired a new position in shares of  Power Integrations during the fourth quarter worth approximately $7,470,000.  Finally, Wells Fargo &amp; Company MN raised its stake in shares of  Power Integrations by 6.2% in the fourth quarter. Wells Fargo &amp; Company MN now owns 115,956 shares of the semiconductor company's stock valued at $7,154,000 after purchasing an additional 6,750 shares in the last quarter. </p><h2>Analyst Ratings Changes</h2><p>Several research analysts have issued reports on POWI shares. Stifel Nicolaus increased their price objective on Power Integrations from $70.00 to $75.00 and gave the stock a &#34;buy&#34; rating in a research note on Tuesday, May 13th. Wall Street Zen cut Power Integrations from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday. Finally, Benchmark  reiterated a &#34;buy&#34; rating and issued a $78.00 price target on shares of Power Integrations in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating, four have issued  a buy rating and one  has assigned  a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $74.67.</p><ul><li>American Superconductor faster than a speeding bullet on EPS beat</li></ul><p><b>Check Out Our Latest Stock Analysis on Power Integrations</b></p><h2>Power Integrations Stock Down 1.4%</h2><p>Power Integrations stock opened at $49.91 on Friday. Power Integrations, Inc. has a 12-month low of $40.78 and a 12-month high of $79.13. The business's 50-day simple moving average is $49.53 and its 200 day simple moving average is $57.43. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 87.56, a P/E/G ratio of 4.08 and a beta of 1.31. </p><ul><li>Power Integrations Stock Can Power Your Portfolio  </li></ul><p>Power Integrations (NASDAQ:POWI - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The semiconductor company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. The company had revenue of $105.53 million for the quarter, compared to analyst estimates of $105.44 million. Power Integrations had a return on equity of 4.48% and a net margin of 7.69%. Power Integrations's revenue was up 15.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 earnings per share.  As a group, sell-side analysts expect that  Power Integrations, Inc. will post 0.93 EPS for the current year. </p><h2>Power Integrations Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, May 30th. Power Integrations's dividend payout ratio  is presently 129.23%. </p><h2>Insider Activity at Power Integrations</h2><p>In related news, CEO Balu Balakrishnan sold 9,544 shares of Power Integrations stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $51.19, for a total transaction of $488,557.36. Following the completion of the sale, the chief executive officer now directly owns 590,580 shares of the company's stock, valued at approximately $30,231,790.20. This trade represents a 1.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Clifford Walker sold 1,088 shares of Power Integrations stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $50.89, for a total value of $55,368.32. Following the sale, the vice president now directly owns 141,765 shares of the company's stock, valued at approximately $7,214,420.85. The trade was a 0.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,561 shares of company stock valued at $642,092. 1.40% of the stock is owned by insiders. </p><h2>Power Integrations Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Power Integrations</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>Nike’s Amazon Expansion Could Signal a Turnaround in 2025</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>Intel’s Turnaround May Be the Best Bet No One’s Watching</li><li>Short Selling - The Pros and Cons </li><li>3 Defense Stocks That Will Profit From a Golden Dome</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UE9XSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UE9XSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Power Integrations Right Now?</h2><p>Before you consider Power Integrations, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Power Integrations wasn't on the list.</p><p>While Power Integrations currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

POWI

<p>Jane Street Group LLC reduced its stake in Power Integrations, Inc. (NASDAQ:POWI) by 92.7% in Q4, holding 7,000 shares after selling 89,372 shares. Other institutional investors also adjusted their positions. Analysts have mixed ratings on POWI, with a consensus rating of "Moderate Buy" and an average target price of $74.67. Power Integrations reported a quarterly EPS of $0.31, exceeding estimates, and announced a quarterly dividend of $0.21. CEO Balu Balakrishnan sold 9,544 shares recently, reducing his stake by 1.59%.</p>

Power Integrations, Inc. (NASDAQ:POWI) Position Trimmed by Jane Street Group LLC