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

· 02/05/2021 13:35

06:29 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Ben Sutherland, VP of Sales, sold 1,579 shares in Power Integrations (POWI) for $136,195. Subsequent to the Form 4 filing with the SEC, Sutherland has 60,589 shares of the company, with a market value, based on the prior-day closing price, of $5.23 million.

Over the last 90 days, prior 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 individual insiders that resulted in a net acquisition of 27,660 company shares. This compares with the preceding 90-day window of time where there were 5 transactions from 4 insiders and resulted in the net disposition of 59,874 shares.

This represents a lower level of transactions than the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Within the 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/833640/000083364021000039/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.