Balu Balakrishnan Sells 5,581 Shares of Power Integrations (NASDAQ:POWI) Stock
Balu Balakrishnan, a director at Power Integrations (NASDAQ:POWI), recently sold 5,581 shares of the company's stock for over $260,000, reducing his ownership by 0.94%. Despite the insider sale, the company reported strong quarterly earnings, beating analyst estimates, and maintains a "Hold" rating from analysts with an average target price of $61.00. Power Integrations also pays a quarterly dividend, although its payout ratio is currently very high.
https://www.marketbeat.com/instant-alerts/balu-balakrishnan-sells-5581-shares-of-power-integrations-nasdaqpowi-stock-2026-02-02/