Gagan Jain, who serves as vice president of worldwide sales at Power Integrations (NASDAQ: POWI), executed a sale of 995 common shares on January 29, 2026, at a per-share price of $46.5001, producing total proceeds of $46,267. That disposition was disclosed in a Form 4 filing submitted to the Securities and Exchange Commission and lowered Jain's direct ownership to 32,549 shares.
The Form 4 filing also records an earlier transaction: on January 27, 2026, Jain acquired 16,332 shares of common stock with a transaction price reported as $0.
These insider transactions arrive amid a cluster of company developments flagged by analysts and corporate leadership changes. Benchmark raised its price target for Power Integrations to $55 from $50, preserved its Buy rating and added the stock to its Best Ideas list for 2026. The firm had earlier reiterated a Buy rating and a $50 price target, citing potential catalysts for revenue acceleration and operating leverage.
Power Integrations has also refreshed its senior leadership team. The company named Chris Jacobs as senior vice president for marketing and product strategy and appointed Julie Currie as chief people and transformation officer. According to the announcement, Jacobs joins from Micron Technology and will focus on marketing and product strategy, while Currie will lead people strategy and transformation efforts as part of the company’s broader strategic initiatives to strengthen leadership and pursue growth.
Benchmark's actions and the executive hires were presented as constructive signals even as the firm acknowledged difficult demand conditions in the market. Analysts at Benchmark remain optimistic about the company’s outlook, pointing to possible drivers of improved revenue and operating leverage, though the environment is characterized in the filing and commentary as challenging.
Collectively, the insider transaction, analyst repositioning and leadership changes create a suite of recent disclosures that market participants can assess when evaluating Power Integrations' nearer-term outlook. The SEC Form 4 documents provide the concrete ownership changes and transaction terms, while analyst notes and corporate announcements supply context on expectations and management intent.