Insider Selling: Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Sells 986 Shares of Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWRGet Rating) VP Saria Tseng sold 986 shares of the firm’s stock in a transaction that occurred on Wednesday, May 4th. The shares were sold at an average price of $453.16, for a total transaction of $446,815.76. Following the completion of the sale, the vice president now owns 270,178 shares in the company, valued at approximately $122,433,862.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Saria Tseng also recently made the following trade(s):

  • On Friday, April 1st, Saria Tseng sold 4,420 shares of Monolithic Power Systems stock. The shares were sold at an average price of $467.23, for a total transaction of $2,065,156.60.
  • On Monday, February 7th, Saria Tseng sold 7,393 shares of Monolithic Power Systems stock. The shares were sold at an average price of $399.28, for a total transaction of $2,951,877.04.

Shares of NASDAQ:MPWR opened at $451.98 on Friday. The stock has a market capitalization of $21.02 billion, a price-to-earnings ratio of 78.47, a PEG ratio of 2.59 and a beta of 1.01. Monolithic Power Systems, Inc. has a 1-year low of $301.53 and a 1-year high of $580.00. The company has a 50 day moving average price of $436.40 and a 200 day moving average price of $468.21.

Monolithic Power Systems (NASDAQ:MPWRGet Rating) last posted its quarterly earnings data on Monday, May 2nd. The semiconductor company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.83. Monolithic Power Systems had a net margin of 20.75% and a return on equity of 22.80%. During the same period last year, the business posted $0.86 earnings per share. As a group, research analysts predict that Monolithic Power Systems, Inc. will post 7.06 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, April 15th. Shareholders of record on Thursday, March 31st were given a $0.75 dividend. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $0.60. The ex-dividend date was Wednesday, March 30th. This represents a $3.00 dividend on an annualized basis and a yield of 0.66%. Monolithic Power Systems’s dividend payout ratio is presently 52.08%.

Several equities research analysts have commented on MPWR shares. Oppenheimer dropped their price target on shares of Monolithic Power Systems from $600.00 to $525.00 in a research note on Thursday, February 3rd. William Blair reiterated an “outperform” rating on shares of Monolithic Power Systems in a report on Friday, February 11th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Monolithic Power Systems from $510.00 to $500.00 and set a “buy” rating for the company in a report on Wednesday, April 20th. StockNews.com initiated coverage on shares of Monolithic Power Systems in a report on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Zacks Investment Research cut shares of Monolithic Power Systems from a “buy” rating to a “hold” rating and set a $500.00 price objective for the company. in a report on Wednesday, February 16th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $549.11.

A number of hedge funds have recently added to or reduced their stakes in the business. JJJ Advisors Inc. lifted its position in Monolithic Power Systems by 71.8% in the 1st quarter. JJJ Advisors Inc. now owns 146 shares of the semiconductor company’s stock worth $71,000 after buying an additional 61 shares in the last quarter. First Foundation Advisors purchased a new stake in Monolithic Power Systems in the 1st quarter worth approximately $211,000. LA Financiere DE L Echiquier lifted its position in Monolithic Power Systems by 25.0% in the 1st quarter. LA Financiere DE L Echiquier now owns 5,000 shares of the semiconductor company’s stock worth $2,429,000 after buying an additional 1,000 shares in the last quarter. New York State Common Retirement Fund lifted its position in Monolithic Power Systems by 7.6% in the 1st quarter. New York State Common Retirement Fund now owns 165,589 shares of the semiconductor company’s stock worth $80,423,000 after buying an additional 11,632 shares in the last quarter. Finally, Summit Place Financial Advisors LLC purchased a new stake in Monolithic Power Systems in the 1st quarter worth approximately $1,292,000. Institutional investors own 94.02% of the company’s stock.

Monolithic Power Systems Company Profile (Get Rating)

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment.

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