Tuesday, February 20, 2018 10:15 PM ET
Insider Sales at Power Integrations (POWI) are Significant and Extend the Selling Trend of Last Quarter
SEC filings today reported substantial insider sales of Power Integrations shares as eight insiders listed below, disposed of 37,184 shares in the company having a market value of approximately $2,348,261. There have been 8 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 41,498 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 78,682 shares and have averaged 4,918 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Power Integrations is above its 77-company peer group average. The Semiconductors peer group saw 174 buy/sell trades during this period for an average of 2.3 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 131,453 shares purchased and 2,148,377 shares sold with company insiders disposing of 11,592 shares on average over this time period.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to compose and write this story.
Today’s Insider Activity
* Balu Balakrishnan, Officer, sold 17,186 shares
* Clifford Walker, Officer, sold 2,642 shares
* Sandeep Nayyar, Officer, sold 4,237 shares
* Doug Bailey, Officer, sold 2,439 shares
* Raja Petrakian, Officer, sold 2,796 shares
* Ben Sutherland, Officer, sold 2,485 shares
* Radu Barsan, Officer, sold 2,927 shares
* David M H Matthews, Officer, sold 2,472 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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