Diversify Advisory Services LLC Grows Stake in Monolithic Power Systems, Inc. $MPWR

Diversify Advisory Services LLC boosted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 50.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,529 shares of the semiconductor company’s stock after purchasing an additional 513 shares during the quarter. Diversify Advisory Services LLC’s holdings in Monolithic Power Systems were worth $1,535,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of MPWR. True Wealth Design LLC lifted its holdings in shares of Monolithic Power Systems by 61.1% in the third quarter. True Wealth Design LLC now owns 29 shares of the semiconductor company’s stock worth $26,000 after buying an additional 11 shares in the last quarter. Fortress Financial Solutions LLC increased its holdings in Monolithic Power Systems by 1.7% in the 2nd quarter. Fortress Financial Solutions LLC now owns 709 shares of the semiconductor company’s stock valued at $518,000 after acquiring an additional 12 shares during the last quarter. Cromwell Holdings LLC boosted its holdings in shares of Monolithic Power Systems by 9.2% during the 3rd quarter. Cromwell Holdings LLC now owns 143 shares of the semiconductor company’s stock valued at $132,000 after purchasing an additional 12 shares during the last quarter. Sagespring Wealth Partners LLC grew its position in shares of Monolithic Power Systems by 2.4% during the third quarter. Sagespring Wealth Partners LLC now owns 512 shares of the semiconductor company’s stock valued at $471,000 after purchasing an additional 12 shares in the last quarter. Finally, UMB Bank n.a. grew its position in shares of Monolithic Power Systems by 2.5% during the third quarter. UMB Bank n.a. now owns 492 shares of the semiconductor company’s stock valued at $453,000 after purchasing an additional 12 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Oppenheimer reiterated an “outperform” rating and issued a $1,300.00 target price on shares of Monolithic Power Systems in a research report on Thursday, January 29th. KeyCorp increased their target price on Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Rosenblatt Securities raised their target price on shares of Monolithic Power Systems from $950.00 to $1,000.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Truist Financial upped their price target on shares of Monolithic Power Systems from $1,375.00 to $1,396.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Weiss Ratings lowered shares of Monolithic Power Systems from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,218.42.

Insiders Place Their Bets

In other news, EVP Deming Xiao sold 22,875 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $1,171.16, for a total transaction of $26,790,285.00. Following the transaction, the executive vice president owned 235,932 shares of the company’s stock, valued at approximately $276,314,121.12. This represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Victor K. Lee sold 400 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $1,212.16, for a total value of $484,864.00. Following the completion of the sale, the director owned 27,756 shares in the company, valued at approximately $33,644,712.96. The trade was a 1.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 98,550 shares of company stock valued at $114,256,090 over the last quarter. Corporate insiders own 3.40% of the company’s stock.

Monolithic Power Systems Stock Performance

NASDAQ:MPWR opened at $1,055.82 on Wednesday. The firm has a market capitalization of $51.86 billion, a PE ratio of 82.87, a PEG ratio of 2.69 and a beta of 1.45. The stock’s fifty day moving average is $1,092.36 and its 200 day moving average is $990.35. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $1,256.22.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $4.79 earnings per share for the quarter, beating analysts’ consensus estimates of $4.74 by $0.05. Monolithic Power Systems had a net margin of 22.07% and a return on equity of 18.33%. The business had revenue of $751.16 million for the quarter, compared to analysts’ expectations of $741.69 million. During the same quarter in the previous year, the business posted $4.09 earnings per share. The business’s revenue was up 20.8% compared to the same quarter last year. Equities analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $2.00 dividend. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $1.56. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $8.00 dividend on an annualized basis and a yield of 0.8%. Monolithic Power Systems’s dividend payout ratio is currently 48.98%.

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.