Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Saria Tseng sold 5,606 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $101.94, for a total transaction of $571,475.64. Following the sale, the vice president now directly owns 285,136 shares in the company, valued at approximately $29,066,763.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Monday, May 22nd, Saria Tseng sold 4,996 shares of Monolithic Power Systems stock. The shares were sold at an average price of $95.37, for a total value of $476,468.52.

Shares of Monolithic Power Systems, Inc. (MPWR) traded up 1.20% during trading on Monday, hitting $102.77. 220,894 shares of the company were exchanged. Monolithic Power Systems, Inc. has a 12 month low of $71.09 and a 12 month high of $107.87. The company’s 50-day moving average price is $99.72 and its 200 day moving average price is $93.86. The stock has a market cap of $4.25 billion, a P/E ratio of 72.48 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $112.20 million for the quarter, compared to the consensus estimate of $110.94 million. During the same quarter in the previous year, the firm posted $0.54 EPS. The firm’s quarterly revenue was up 19.3% on a year-over-year basis. On average, equities analysts predict that Monolithic Power Systems, Inc. will post $2.87 earnings per share for the current fiscal year.

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

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A number of analysts have issued reports on the company. Needham & Company LLC reissued a “buy” rating and issued a $140.00 target price (up previously from $100.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Stifel Nicolaus reissued a “buy” rating and issued a $117.00 target price (up previously from $110.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Oppenheimer Holdings, Inc. set a $120.00 target price on Monolithic Power Systems and gave the company a “buy” rating in a research report on Wednesday, July 26th. Zacks Investment Research lowered Monolithic Power Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, BidaskClub lowered Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $112.29.

Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in Monolithic Power Systems by 25,140.6% in the first quarter. BlackRock Inc. now owns 4,186,655 shares of the semiconductor company’s stock valued at $385,591,000 after buying an additional 4,170,068 shares during the last quarter. Frontier Capital Management Co. LLC increased its stake in Monolithic Power Systems by 98.6% in the second quarter. Frontier Capital Management Co. LLC now owns 1,162,553 shares of the semiconductor company’s stock valued at $112,070,000 after buying an additional 577,248 shares during the last quarter. Harbour Capital Advisors LLC increased its stake in Monolithic Power Systems by 14,285.8% in the second quarter. Harbour Capital Advisors LLC now owns 467,540 shares of the semiconductor company’s stock valued at $4,850,000 after buying an additional 464,290 shares during the last quarter. Norges Bank bought a new stake in Monolithic Power Systems during the fourth quarter valued at $21,332,000. Finally, MARSHALL WACE ASIA Ltd bought a new stake in Monolithic Power Systems during the first quarter valued at $22,538,000. 92.73% of the stock is currently 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.

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

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