
Power Integrations (NASDAQ:POWI) Trading Down 5.6% After Insider Selling

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Power Integrations (NASDAQ:POWI) shares fell 5.6% after insider selling, with VP Sunil Gupta selling 2,168 shares and Director Balu Balakrishnan selling 10,080 shares. The stock traded as low as $45.70, closing at $44.54. Analysts have mixed ratings, with Benchmark maintaining a "buy" and Zacks downgrading to "strong sell." The company recently reported Q4 earnings that beat expectations and raised its dividend, but also announced a 7% workforce reduction and rising inventory levels, which may impact future sales.
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