Director Balakrishnan sold 124,287 shares for $10.7M at $86.44 blended average; stock near 52-week high
Balu Balakrishnan, Director at Power Integrations, executed two separate sales on 2026-05-28, totaling 124,287 shares for $10,743,129.82 at a blended average price of $86.44. The sale represents a -30.8% reduction in his holdings, from 403,803 shares pre-transaction to 279,516 shares post-transaction. The stock is currently trading at $87.07, -1.2% from its 52-week high of $88.17, and has appreciated significantly on a 30-day (+31.9%) and 90-day (+81.7%) basis. At Power Integrations specifically, Balakrishnan's four prior measurable sells show a 75.00% well-timed rate at the 90-day mark, suggesting a pattern of selling into rallies before declines. The company trades at a notably elevated P/E of 290.23 on modest fundamentals (latest quarterly revenue $108.3M, net income $3.3M), presenting a valuation context in which insider liquidation following a strong recent run deserves investor attention.