Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Power Integrations Inc shares valued at $49,548 were sold by WALKER CLIFFORD on Feb 11 ’25. At $57.28 per share, WALKER CLIFFORD sold 865 shares. The insider’s holdings dropped to 142,853 shares worth approximately $9.21 million following the completion of this transaction.
Also, NAYYAR SANDEEP sold 3,367 shares, netting a total of over 192,857 in proceeds. Following the sale of shares at $57.28 each, the insider now holds 109,286 shares.
Before that, Gupta Sunil had sold 1,311 shares from its account. In a trade valued at $75,093, the VP of Operations traded Power Integrations Inc shares for $57.28 each. Upon closing the transaction, the insider’s holdings decreased to 1,311 shares, worth approximately $4.29 million.
As published in a research note from Northland Capital on August 12, 2024, Power Integrations Inc [POWI] has been rated up from a Market perform to an Outperform and the price target has been revised to $80. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in early August. As of February 26, 2024, Northland Capital has increased its “an Under perform” rating to a “Market perform” for POWI. Earlier on February 12, 2024, Northland Capital downgraded its rating. Their new recommendation was “an Under perform” for POWI stock which previously was a “a Market perform”.
Analyzing POWI Stock Performance
During the last five days, there has been a surge of approximately 10.52%. Over the course of the year, Power Integrations Inc shares have jumped approximately 4.51%. Shares of the company reached a 52-week high of $65.17 on 01/06/25 and a 52-week low of $56.97 on 02/10/25. A 50-day SMA is recorded $61.98, while a 200-day SMA reached $66.12. Nevertheless, trading volume fell to 0.69 million shares from 0.46 million shares the previous day.
Support And Resistance Levels for Power Integrations Inc (POWI)
According to the 24-hour chart, there is a support level at 62.49, which, if violated, would cause prices to drop to 60.50. In the upper region, resistance lies at 65.75. The next price resistance is at 67.02. RSI (Relative Strength Index) is 60.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.40, which suggests the price will increase in the coming days. Percent R is at 6.82%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
