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Insider Trends: Insider Sale at Power Integrations Slowing 90-Days of Buying

· 02/05/2021 13:33

06:28 PM EST, 02/05/2021 (MT Newswires) -- Radu Barsan, VP of Technology, Engineering, on Feb 03, 2021, sold 4,500 shares in Power Integrations (POWI) for $377,642. Subsequent to the Form 4 filing with the SEC, Barsan owns 66,105 shares of the company, which have a market value of $5.71 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 17 insider transactions reported to the SEC for Power Integrations. These transactions came from the activities of 10 individual insiders that resulted in a net acquisition of 48,726 company shares. This compares with the preceding 90-day window of time where there were 5 transactions from 4 insiders which resulted in the net disposition of 59,874 shares.

This is lower than the average level of insider transactions 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 8,891 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/833640/000083364021000033/xslF345X03/edgardoc.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.