GDS Wealth Management Has $16.62 Million Position in Monolithic Power Systems, Inc. $MPWR

GDS Wealth Management boosted its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 6.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,054 shares of the semiconductor company’s stock after purchasing an additional 1,169 shares during the period. GDS Wealth Management’s holdings in Monolithic Power Systems were worth $16,621,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MPWR. BLB&B Advisors LLC increased its position in Monolithic Power Systems by 9.1% in the 2nd quarter. BLB&B Advisors LLC now owns 9,205 shares of the semiconductor company’s stock valued at $6,732,000 after acquiring an additional 768 shares during the period. AXA S.A. increased its holdings in Monolithic Power Systems by 47.8% in the second quarter. AXA S.A. now owns 104,584 shares of the semiconductor company’s stock valued at $76,491,000 after purchasing an additional 33,834 shares during the period. Oregon Public Employees Retirement Fund raised its position in Monolithic Power Systems by 30.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 5,475 shares of the semiconductor company’s stock worth $5,041,000 after purchasing an additional 1,293 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in Monolithic Power Systems by 35.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 9,002 shares of the semiconductor company’s stock worth $6,585,000 after buying an additional 2,379 shares during the period. Finally, Summit Place Financial Advisors LLC acquired a new stake in shares of Monolithic Power Systems in the second quarter valued at about $1,027,000. 93.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Monolithic Power Systems

In other news, EVP Maurice Sciammas sold 27,966 shares of Monolithic Power Systems stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $881.66, for a total transaction of $24,656,503.56. Following the completion of the transaction, the executive vice president directly owned 148,306 shares in the company, valued at $130,755,467.96. This trade represents a 15.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $1,024.43, for a total transaction of $3,073,290.00. Following the completion of the sale, the chief financial officer owned 74,332 shares in the company, valued at $76,147,930.76. This represents a 3.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 69,976 shares of company stock valued at $63,370,417 over the last ninety days. 3.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

MPWR has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their price objective on Monolithic Power Systems from $750.00 to $970.00 and gave the stock an “equal weight” rating in a research note on Monday, October 20th. TD Cowen reiterated a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, October 31st. Citigroup upped their price target on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Wolfe Research set a $1,200.00 price objective on Monolithic Power Systems and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Finally, Rosenblatt Securities upped their target price on Monolithic Power Systems from $800.00 to $950.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and an average target price of $1,074.58.

Monolithic Power Systems Price Performance

Shares of MPWR opened at $1,063.74 on Friday. The stock has a 50-day moving average of $953.51 and a 200-day moving average of $904.63. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,123.38. The company has a market cap of $50.96 billion, a PE ratio of 27.16, a P/E/G ratio of 3.00 and a beta of 1.45.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.62 by $0.11. Monolithic Power Systems had a return on equity of 18.37% and a net margin of 71.22%.The business had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. During the same quarter in the prior year, the company earned $4.06 earnings per share. The company’s quarterly revenue was up 18.9% on a year-over-year basis. Analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a dividend of $1.56 per share. The ex-dividend date was Wednesday, December 31st. This represents a $6.24 annualized dividend and a yield of 0.6%. Monolithic Power Systems’s dividend payout ratio is presently 15.93%.

Monolithic Power Systems Profile

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.