Insider Selling: Monolithic Power Systems, Inc. (NASDAQ:MPWR) Director Sells 500 Shares of Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Director Jeff Zhou sold 500 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $191.00, for a total value of $95,500.00. Following the sale, the director now directly owns 16,259 shares in the company, valued at approximately $3,105,469. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Jeff Zhou also recently made the following trade(s):

  • On Monday, February 10th, Jeff Zhou sold 1,500 shares of Monolithic Power Systems stock. The stock was sold at an average price of $182.24, for a total value of $273,360.00.

MPWR stock opened at $191.19 on Friday. The stock has a 50-day moving average price of $179.85 and a two-hundred day moving average price of $162.16. The stock has a market cap of $8.32 billion, a PE ratio of 80.67, a price-to-earnings-growth ratio of 2.45 and a beta of 1.62. Monolithic Power Systems, Inc. has a 1 year low of $114.84 and a 1 year high of $193.10.

Monolithic Power Systems (NASDAQ:MPWR) last released its earnings results on Wednesday, February 5th. The semiconductor company reported $1.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.03 by $0.01. The firm had revenue of $166.74 million during the quarter, compared to analysts’ expectations of $163.09 million. Monolithic Power Systems had a return on equity of 15.07% and a net margin of 17.33%. The company’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 EPS. On average, equities analysts expect that Monolithic Power Systems, Inc. will post 3.13 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.50 dividend. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $0.40. The ex-dividend date is Monday, March 30th. This represents a $2.00 annualized dividend and a dividend yield of 1.05%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 63.24%.

Several hedge funds and other institutional investors have recently made changes to their positions in MPWR. GQG Partners LLC bought a new position in shares of Monolithic Power Systems in the 4th quarter valued at about $92,881,000. First Trust Advisors LP grew its holdings in Monolithic Power Systems by 1,110.9% during the fourth quarter. First Trust Advisors LP now owns 229,491 shares of the semiconductor company’s stock worth $40,854,000 after purchasing an additional 210,539 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Monolithic Power Systems by 19.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,138,693 shares of the semiconductor company’s stock worth $202,710,000 after purchasing an additional 187,211 shares during the period. BlackRock Inc. grew its holdings in Monolithic Power Systems by 4.0% during the second quarter. BlackRock Inc. now owns 4,406,881 shares of the semiconductor company’s stock worth $598,366,000 after purchasing an additional 168,988 shares during the period. Finally, Earnest Partners LLC grew its holdings in Monolithic Power Systems by 10.9% during the fourth quarter. Earnest Partners LLC now owns 908,249 shares of the semiconductor company’s stock worth $161,686,000 after purchasing an additional 89,093 shares during the period. Institutional investors own 96.77% of the company’s stock.

Several analysts recently commented on MPWR shares. Raymond James raised their price objective on Monolithic Power Systems from $165.00 to $210.00 and gave the stock an “outperform” rating in a research note on Thursday, February 6th. Cowen raised their price objective on Monolithic Power Systems from $200.00 to $215.00 and gave the stock an “outperform” rating in a research note on Thursday, February 6th. Rosenblatt Securities raised their price objective on Monolithic Power Systems from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Loop Capital reaffirmed a “buy” rating and set a $210.00 price objective on shares of Monolithic Power Systems in a research note on Thursday, February 6th. Finally, BidaskClub raised Monolithic Power Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $194.38.

About Monolithic Power Systems

Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers 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, monitors, automobiles, and medical equipment.

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Insider Buying and Selling by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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