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Power Integrations execs, including the CEO, recently sold significant shares of the company.
Power Integrations Inc. (NASDAQ:POWI) executives, including VP Clifford Walker and CFO Sandeep Nayyar, recently sold company shares, reducing their ownership slightly.
Walker sold 1,088 shares for $55,368.32, while Nayyar sold 1,929 shares for $98,166.81.
The company’s CEO, Balu Balakrishnan, also sold 9,544 shares for $488,557.36, marking a 1.59% decrease in his holdings.
Power Integrations designs and manufactures high-voltage power conversion products.
The stock currently trades at $43.68, with a market capitalization of $2.48 billion.
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Los ejecutivos de Power Integrations, incluido el CEO, vendieron recientemente acciones significativas de la compañía.