Insider Trends: 90-Day Insider Buying Trend at Power Integrations Slowed with Sale of Shares
06:29 PM EST, 02/05/2021 (MT Newswires) -- Doug Bailey, VP Marketing, sold 1,477 shares in Power Integrations (POWI) for $120,745 on Feb 03, 2021. Bailey, following the transactions delineated in the Form 4 SEC filing, has 122,850 company shares, with a market value, based on the prior-day closing price, of $10.6 million.
During the most recent 90-day period, previous to the date of this filing, there have been 21 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 27,660 company shares. Relative to 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 less than the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Peer group activity averaged 168.9 transactions per company, and disposition of 8,894 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/833640/000083364021000038/xslF345X03/edgardoc.xml
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