Power Integrations, Inc. $POWI Stock Holdings Reduced by Riverbridge Partners LLC

Riverbridge Partners LLC reduced its position in Power Integrations, Inc. (NASDAQ:POWI - Free Report) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 377,112 shares of the semiconductor company's stock after selling 34,075 shares during the period. Riverbridge Partners LLC owned about 0.67% of Power Integrations worth $15,164,000 at the end of the most recent quarter.Dividends Meet Chips: Top 3 Semiconductor Stocks for GrowthSeveral other institutional investors have also made changes to their positions in POWI. Bank of Montreal Can increased its holdings in Power Integrations by 1.9% in the second quarter. Bank of Montreal Can now owns 11,323 shares of the semiconductor company's stock worth $633,000 after buying an additional 214 shares during the last quarter. Bayforest Capital Ltd grew its position in Power Integrations by 54.3% in the first quarter. Bayforest Capital Ltd now owns 631 shares of the semiconductor company's stock worth $32,000 after acquiring an additional 222 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of Power Integrations by 5.4% during the 1st quarter. Baird Financial Group Inc. now owns 5,053 shares of the semiconductor company's stock worth $255,000 after purchasing an additional 261 shares during the last quarter. Huntington National Bank boosted its holdings in Power Integrations by 27.4% in the second quarter. Huntington National Bank now owns 1,312 shares of the semiconductor company's stock worth $73,000 after purchasing an additional 282 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in shares of Power Integrations by 125.9% in the second quarter. Parkside Financial Bank & Trust now owns 585 shares of the semiconductor company's stock worth $33,000 after buying an additional 326 shares during the last quarter. Get Power Integrations alerts:Insider ActivityIn related news, VP Gagan Jain sold 1,033 shares of the business's stock in a transaction on Monday, November 24th. The stock was sold at an average price of $33.80, for a total value of $34,915.40. Following the sale, the vice president owned 17,212 shares of the company's stock, valued at $581,765.60. The trade was a 5.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders sold 1,600 shares of company stock valued at $58,272. Corporate insiders own 1.40% of the company's stock. Analyst Ratings ChangesAmerican Superconductor faster than a speeding bullet on EPS beatPOWI has been the topic of a number of recent analyst reports. Weiss Ratings reissued a "sell (d+)" rating on shares of Power Integrations in a research note on Monday, December 8th. Benchmark reissued a "buy" rating and issued a $50.00 price target on shares of Power Integrations in a research report on Wednesday, December 10th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $60.00.Get Our Latest Report on POWIPower Integrations Stock PerformancePower Integrations Stock Can Power Your Portfolio NASDAQ:POWI opened at $36.58 on Monday. The firm's 50-day moving average is $38.00 and its 200-day moving average is $45.06. Power Integrations, Inc. has a 52-week low of $30.86 and a 52-week high of $68.20. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 118.00, a PEG ratio of 8.29 and a beta of 1.39. Power Integrations (NASDAQ:POWI - Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The firm had revenue of $118.92 million during the quarter, compared to analysts' expectations of $118.36 million. Power Integrations had a return on equity of 4.49% and a net margin of 4.03%.The company's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 EPS. Equities analysts predict that Power Integrations, Inc. will post 0.93 EPS for the current year. Power Integrations Dividend AnnouncementThe business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, November 28th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.3%. Power Integrations's dividend payout ratio is presently 270.97%. Power Integrations Company Profile (Free Report)Power Integrations, Inc, based in Hillsboro, Oregon, specializes in the design and development of high-performance analog and mixed-signal integrated circuits for energy-efficient power conversion. The company's products are used to convert and regulate electrical power in a wide range of applications, from consumer electronics and industrial systems to communications equipment and electric vehicle charging. By providing compact, reliable, and highly integrated solutions, Power Integrations aims to reduce system size, improve efficiency, and simplify thermal management for its customers. The firm's product portfolio encompasses isolated and non-isolated switching controllers for both AC-DC and DC-DC power conversion.Further ReadingFive stocks we like better than Power IntegrationsWall Street Stock picker Names #1 Stock of 2026They Laughed at $30. They Won’t Laugh at $70.The McDonald's SecretHow Long Will $1M Last in Retirement?End of America updateWant to see what other hedge funds are holding POWI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Power Integrations, Inc. (NASDAQ:POWI - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Power Integrations Right Now?Before you consider Power Integrations, you'll want to hear this.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.While Power Integrations currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here