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Power Integrations Inc. (POWI) President and CEO Balu Balakrishnan sells 7,000 Shares

February 16, 2011 | About:
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President and CEO of Power Integrations Inc. (POWI) Balu Balakrishnan sells 7,000 shares of POWI on 02/14/2011 at an average price of $41.92 a share.

Power Integrations Inc. has a market cap of $1.18 billion; its shares were traded at around $42.09 with a P/E ratio of 25.1 and P/S ratio of 3.9. The dividend yield of Power Integrations Inc. stocks is 0.5%.

Hedge Fund Gurus that owns POWI: Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns POWI: Richard Aster Jr of Meridian Fund, Ron Baron of Baron Funds, RS Investment Management, Chuck Royce of Royce& Associates.

This is the annual revenues and earnings per share of POWI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of POWI.


CEO Recent Trades:


  • Sell: President and CEO Balu Balakrishnan sold 10,000 shares of POWI stock on 02/07/2011 at the average price of 42.86. Balu Balakrishnan owns at least 277,186 shares after this.

  • Sell: President and CEO Balu Balakrishnan sold 36,000 shares of POWI stock on 02/04/2011 at the average price of 42.28. Balu Balakrishnan owns at least 277,186 shares after this.

  • Sell: President and CEO Balu Balakrishnan sold 4,000 shares of POWI stock on 02/01/2011 at the average price of 36.88. Balu Balakrishnan owns at least 277,186 shares after this.

  • Sell: President and CEO Balu Balakrishnan sold 925 shares of POWI stock on 01/27/2011 at the average price of 37.5. Balu Balakrishnan owns at least 277,186 shares after this.

  • Sell: President and CEO Balu Balakrishnan sold 75 shares of POWI stock on 01/26/2011 at the average price of 37.5. Balu Balakrishnan owns at least 277,186 shares after this.



This is the insider trade history vs. stock price of POWI. For the complete insider trading history of POWI, click here.




Directors and Officers Recent Trades:


  • Sell: VP Corporate Development Clifford Walker sold 3,281 shares of POWI stock on 02/10/2011 at the average price of 41.2. Clifford Walker owns at least 18,811 shares after this.

  • Sell: Vice President, Engineering Derek Bell sold 4,000 shares of POWI stock on 02/07/2011 at the average price of 42.91. Derek Bell owns at least 17,798 shares after this.

  • Sell: Vice President, Engineering Derek Bell sold 6,000 shares of POWI stock on 02/04/2011 at the average price of 42.05. Derek Bell owns at least 17,798 shares after this.

  • Sell: Vice President, Operations John Tomlin sold 3,000 shares of POWI stock on 02/04/2011 at the average price of 40.34. John Tomlin owns at least 19,573 shares after this.

  • Sell: Vice President, Operations John Tomlin sold 750 shares of POWI stock on 02/01/2011 at the average price of 37.11. John Tomlin owns at least 18,872 shares after this.



For the complete insider trading history of POWI, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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