Insider Trends: Power Integrations Insider Sale Interrupting 90-Day Buy Trend
06:28 PM EST, 02/05/2021 (MT Newswires) -- Clifford Walker, VP Corporate Development, on Feb 03, 2021, sold 1,503 shares in Power Integrations (POWI) for $122,487. Following the Form 4 filing with the SEC, Walker owns 128,808 shares of the company, with a market value, based on the prior-day closing price, of $11.1 million.
During the most recent 90-day period, previous to the date of this filing, there have been 19 insider transactions reported to the SEC for Power Integrations. These transactions came from the activities of 10 different insiders that resulted in a net acquisition of 31,209 company shares. In the preceding 90-day window of time, there were 5 transactions from 4 insiders that resulted in the net disposition of 59,874 shares.
This level of insider transactions is below that of the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Activity in the peer group averaged 168.8 transactions per company, and disposition of 8,893 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/833640/000083364021000035/xslF345X03/edgardoc.xml
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