Power Integrations Board of Directors member Balu Balakrishnan sold 11,363 shares for ~$532,000 in two days, reducing indirect holdings from 587,619 to 576,256 shares. All shares were transacted through a trust, reflecting routine portfolio management. The company designs and manufactures analog integrated circuits for power conversion with a market cap of $2.62 billion. Despite mixed results, CEO Jen Lloyd sees growth potential in AI and electrification. Investors should consider the company’s long-term prospects. Balakrishnan’s sale was to cover a tax liability, not a warning sign, and now might be a good time to buy Power Integrations stock.

Read more at Nasdaq MarketSite: Is Power Integrations Stock a Buy or Sell After a Director Sold 11,363 Shares?