Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Saria Tseng sold 4,996 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $95.37, for a total transaction of $476,468.52. Following the transaction, the vice president now directly owns 287,759 shares in the company, valued at $27,443,575.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Friday, May 5th, Saria Tseng sold 5,606 shares of Monolithic Power Systems stock. The shares were sold at an average price of $92.24, for a total transaction of $517,097.44.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) traded down 0.19% during mid-day trading on Tuesday, hitting $95.04. 136,342 shares of the stock were exchanged. Monolithic Power Systems, Inc. has a 52 week low of $62.38 and a 52 week high of $98.33. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 70.98 and a beta of 1.32. The company has a 50 day moving average price of $92.95 and a 200 day moving average price of $87.69.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Wednesday, April 26th. The semiconductor company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06. The firm had revenue of $100.40 million during the quarter, compared to analysts’ expectations of $100.02 million. Monolithic Power Systems had a return on equity of 13.42% and a net margin of 13.56%. The company’s revenue was up 18.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.45 earnings per share. Analysts expect that Monolithic Power Systems, Inc. will post $2.85 EPS for the current fiscal year.

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

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MPWR has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, January 24th. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $95.00 price target (up from $88.00) on shares of Monolithic Power Systems in a research report on Monday, February 6th. Needham & Company LLC lifted their price target on shares of Monolithic Power Systems from $87.00 to $94.00 and gave the company a “buy” rating in a research report on Friday, February 10th. Stifel Nicolaus reduced their price target on shares of Monolithic Power Systems from $105.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, April 26th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $97.00 price target (up from $95.00) on shares of Monolithic Power Systems in a research report on Friday, April 28th. Seven equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Monolithic Power Systems presently has an average rating of “Buy” and an average target price of $98.50.

A number of large investors have recently made changes to their positions in MPWR. Fortaleza Asset Management Inc. boosted its stake in shares of Monolithic Power Systems by 8.5% in the fourth quarter. Fortaleza Asset Management Inc. now owns 1,275 shares of the semiconductor company’s stock worth $104,000 after buying an additional 100 shares during the last quarter. TrimTabs Asset Management LLC bought a new stake in shares of Monolithic Power Systems during the first quarter worth about $128,000. Segantii Capital Management Ltd bought a new stake in shares of Monolithic Power Systems during the first quarter worth about $157,000. Oppenheimer & Co. Inc. bought a new stake in shares of Monolithic Power Systems during the first quarter worth about $202,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of Monolithic Power Systems during the first quarter worth about $211,000. 97.46% of the stock is owned by hedge funds and other institutional investors.

Monolithic Power Systems Company Profile

Monolithic Power Systems, Inc designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment.

12 Month Chart for NASDAQ:MPWR

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