Monolithic Power Systems, Inc. (NASDAQ:MPWR) CEO Michael Hsing sold 19,766 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $101.96, for a total transaction of $2,015,341.36. Following the completion of the sale, the chief executive officer now directly owns 1,174,800 shares of the company’s stock, valued at approximately $119,782,608. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Michael Hsing also recently made the following trade(s):

  • On Monday, May 15th, Michael Hsing sold 18,815 shares of Monolithic Power Systems stock. The shares were sold at an average price of $96.13, for a total transaction of $1,808,685.95.

Shares of Monolithic Power Systems, Inc. (NASDAQ MPWR) traded up 1.20% on Monday, reaching $102.77. 220,894 shares of the company’s stock traded hands. The company’s 50-day moving average is $99.72 and its 200-day moving average is $93.86. Monolithic Power Systems, Inc. has a 52 week low of $71.09 and a 52 week high of $107.87. The firm has a market capitalization of $4.25 billion, a P/E ratio of 72.48 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings data on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.01. Monolithic Power Systems had a net margin of 14.30% and a return on equity of 14.10%. The business had revenue of $112.20 million during the quarter, compared to analysts’ expectations of $110.94 million. During the same period in the previous year, the company earned $0.54 earnings per share. Monolithic Power Systems’s revenue for the quarter was up 19.3% on a year-over-year basis. Equities research analysts anticipate that Monolithic Power Systems, Inc. will post $2.87 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Wednesday, June 28th. Monolithic Power Systems’s payout ratio is 56.74%.

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Several hedge funds have recently modified their holdings of the company. TrimTabs Asset Management LLC purchased a new stake in shares of Monolithic Power Systems during the first quarter worth $128,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Monolithic Power Systems by 115.6% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,552 shares of the semiconductor company’s stock worth $150,000 after buying an additional 832 shares during the last quarter. Segantii Capital Management Ltd purchased a new stake in shares of Monolithic Power Systems during the first quarter worth $157,000. Fortaleza Asset Management Inc. raised its position in shares of Monolithic Power Systems by 50.2% in the second quarter. Fortaleza Asset Management Inc. now owns 1,915 shares of the semiconductor company’s stock worth $185,000 after buying an additional 640 shares during the period. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Monolithic Power Systems during the first quarter worth about $202,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

MPWR has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Monolithic Power Systems from a “hold” rating to a “sell” rating in a report on Wednesday, April 12th. Stifel Nicolaus lowered their price target on shares of Monolithic Power Systems from $105.00 to $97.00 and set a “buy” rating for the company in a report on Wednesday, April 26th. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 price target (up from $94.00) on shares of Monolithic Power Systems in a report on Thursday, April 27th. 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 report on Friday, April 28th. Finally, Pacific Crest reaffirmed an “overweight” rating and set a $110.00 price target on shares of Monolithic Power Systems in a report on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $112.29.

About Monolithic Power Systems

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.

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

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