Significant Insider Sales in Shares of Power Integrations (POWI) Extends the Selling Trend of Last Quarter

Tuesday, January 30, 2018 10:15 PM ET

Significant Insider Sales in Shares of Power Integrations (POWI) Extends the Selling Trend of Last Quarter

There was a notable level of share sales at Power Integrations today, as revealed in filings with the SEC. Eight insiders listed below, disposed of 19,831 shares in the company having a market value of approximately $1,535,345. There have been 6 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 2,366 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 22,197 shares and have averaged 1,586 shares per transaction over this time period.

The number of insider buy/sell trades at Power Integrations is higher than that of the 77 peer company average over the last 90-day period. The Semiconductors peer group saw 158 buy/sell trades during this period for an average of 2.1 transactions per company. However, the number of shares traded per transaction by Power Integrations insiders is lower than its peers. Within the peer group there were 14,773 shares purchased and 1,720,383 shares sold with company insiders selling 10,795 shares on average over this time period.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to compose and write this story.

Today’s Insider Activity
* Balu Balakrishnan, Officer, sold 9,488 shares
* Clifford Walker, Officer, sold 1,556 shares
* Sandeep Nayyar, Officer, sold 2,022 shares
* Doug Bailey, Officer, sold 1,441 shares
* Raja Petrakian, Officer, sold 860 shares
* Ben Sutherland, Officer, sold 1,460 shares
* Radu Barsan, Officer, sold 1,552 shares
* David M H Matthews, Officer, sold 1,452 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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