Power Integrations Inc Sentiment Increases on Better Stock Potential

Power Integrations, Inc. (NASDAQ:POWI) Logo

Sentiment for Power Integrations Inc (NASDAQ:POWI)

Power Integrations Inc (NASDAQ:POWI) institutional sentiment increased to 1.21 in Q2 2018. Its up 0.35, from 0.86 in 2018Q1. The ratio increased, as 81 investment managers increased and started new holdings, while 67 sold and decreased stock positions in Power Integrations Inc. The investment managers in our partner’s database now hold: 27.87 million shares, up from 27.48 million shares in 2018Q1. Also, the number of investment managers holding Power Integrations Inc in their top 10 holdings decreased from 1 to 0 for a decrease of 1. Sold All: 10 Reduced: 57 Increased: 59 New Position: 22.

Power Integrations, Inc. designs, develops, and markets analog and mixed-signal integrated circuits, and other electronic components and circuitry used in high-voltage power conversion. The company has market cap of $1.76 billion. The firm offers a range of alternating current to direct current power conversion products that address power supply ranging from less than 1 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 lamps, and other consumer and industrial applications. It has a 60.3 P/E ratio. It also provides high-voltage diodes; and high-voltage gate-driver products under the SCALE and SCALE-2 product-family names.

The stock decreased 2.10% or $1.29 during the last trading session, reaching $60. About 6,338 shares traded. Power Integrations, Inc. (NASDAQ:POWI) has declined 10.83% since December 6, 2017 and is downtrending. It has underperformed by 26.45% the S&P500.

Analysts await Power Integrations, Inc. (NASDAQ:POWI) to report earnings on February, 7. They expect $0.30 EPS, down 55.88 % or $0.38 from last year’s $0.68 per share. POWI’s profit will be $8.80 million for 50.00 P/E if the $0.30 EPS becomes a reality. After $0.63 actual EPS reported by Power Integrations, Inc. for the previous quarter, Wall Street now forecasts -52.38 % negative EPS growth.

Grandeur Peak Global Advisors Llc holds 2.66% of its portfolio in Power Integrations, Inc. for 355,140 shares. Disciplined Growth Investors Inc Mn owns 1.66 million shares or 2.24% of their US portfolio. Moreover, Snyder Capital Management L P has 1.69% invested in the company for 488,394 shares. The United Kingdom-based Impax Asset Management Ltd has invested 1.61% in the stock. Copeland Capital Management Llc, a Pennsylvania-based fund reported 284,372 shares.

Since January 1, 0001, it had 0 insider buys, and 15 insider sales for $1.61 million activity.

Power Integrations, Inc. (NASDAQ:POWI) Ratings Coverage

Ratings analysis reveals 33% of Power Integrations’s analysts are positive. Out of 3 Wall Street analysts rating Power Integrations, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $60 while the high is $89. The stock’s average target of $67 is 11.67% above today’s ($60) share price. POWI was included in 4 notes of analysts from June 22, 2018. The company was initiated on Monday, November 26 by Northland Capital. The rating was downgraded by Stifel Nicolaus on Wednesday, September 12 to “Hold”. The rating was downgraded by Loop Capital to “Hold” on Friday, October 26.

More notable recent Power Integrations, Inc. (NASDAQ:POWI) news were published by: Zacks.com which released: “Power Integrations (POWI) Q3 Earnings Preview: What to Know Ahead of the Release – Zacks.com” on October 18, 2018, also 247Wallst.com with their article: “Why Goldman Sachs and Others See More Weakness Across Semiconductor Sector – 24/7 Wall St.” published on September 12, 2018, Seekingalpha.com published: “Power Integrations (POWI) Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on July 26, 2018. More interesting news about Power Integrations, Inc. (NASDAQ:POWI) were released by: Nasdaq.com and their article: “Is Power Integrations (POWI) Stock a Solid Choice Right Now? – Nasdaq” published on May 10, 2017 as well as Nasdaq.com‘s news article titled: “Power Integrations, Inc. (POWI) Ex-Dividend Date Scheduled for November 29, 2018 – Nasdaq” with publication date: November 28, 2018.

Power Integrations, Inc. (NASDAQ:POWI) Institutional Positions Chart

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