Nicholas Brathwaite Sells 8,000 Shares of Power Integrations, Inc. (NASDAQ:POWI) Stock

Power Integrations, Inc. (NASDAQ: POWI) is a leading provider of high-performance analog and mixed-signal integrated circuits for power management, audio, and communication applications. The company was founded in 1984 and is headquartered in Santa Clara, California.

On February 20th, Director Nicholas Brathwaite sold 8,000 shares of Power Integrations stock at an average price of $72.25. This transaction resulted in a total value of $578,000.00. After the sale, Mr. Brathwaite owns 32,310 shares in the company.

It's worth noting that insider trading regulations require directors and other corporate insiders to disclose their transactions with the company's stock, including the number of shares sold, the price per share, and the date of the transaction. This information is made available to the public through filings with the Securities and Exchange Commission (SEC).

It's also worth noting that insider trading can have an impact on a company's stock price, as investors may interpret these transactions as a signal of the company's future performance or management's confidence in its prospects. However, it's important to remember that insider trading is not necessarily indicative of any particular outcome and should be evaluated in the context of other factors affecting the company's stock price.