State of Alaska Department of Revenue Grows Position in Power Integrations, Inc. $POWI
The State of Alaska Department of Revenue significantly increased its stake in Power Integrations, Inc. ($POWI) by 248.4% in Q4, acquiring an additional 22,049 shares, bringing its total to 30,924 shares valued at $1.10 million. This move comes as Power Integrations surpassed quarterly EPS estimates but saw a revenue decline, while also increasing its quarterly dividend. Analysts maintain a "Hold" consensus for the stock, despite it trading near its 52-week high with a high P/E ratio.
https://www.marketbeat.com/instant-alerts/filing-state-of-alaska-department-of-revenue-grows-position-in-power-integrations-inc-powi-2026-04-22/