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Monolithic Power Systems (NASDAQ:MPWR) Insider Deming Xiao sold 4,687 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $32.33, for a total value of $151,530.71. Following the completion of the sale, the insider now directly owns 50,565 shares in the company, valued at approximately $1,634,766. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Separately, analysts at Zacks downgraded shares of Monolithic Power Systems from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, November 8th. They now have a $34.90 price target on the stock. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Monolithic Power Systems has an average rating of “Hold” and an average price target of $32.84.

Shares of Monolithic Power Systems (NASDAQ:MPWR) traded down 0.70% during mid-day trading on Wednesday, hitting $31.36. 274,533 shares of the company’s stock traded hands. Monolithic Power Systems has a 52-week low of $20.64 and a 52-week high of $34.76. The stock’s 50-day moving average is $33.59 and its 200-day moving average is $31.1. The company has a market cap of $1.198 billion and a P/E ratio of 77.59.

Monolithic Power Systems, Inc (NASDAQ:MPWR) is a fabless semiconductor company that designs, develops and markets analog and mixed-signal semiconductors.

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