Monolithic Power Systems, Inc. (NASDAQ:MPWR) insider Deming Xiao sold 6,004 shares of the business’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $101.96, for a total transaction of $612,167.84. Following the transaction, the insider now owns 284,102 shares of the company’s stock, valued at approximately $28,967,039.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Deming Xiao also recently made the following trade(s):

  • On Wednesday, May 24th, Deming Xiao sold 30 shares of Monolithic Power Systems stock. The shares were sold at an average price of $95.44, for a total transaction of $2,863.20.
  • On Thursday, May 18th, Deming Xiao sold 5,352 shares of Monolithic Power Systems stock. The shares were sold at an average price of $93.64, for a total transaction of $501,161.28.

Monolithic Power Systems, Inc. (MPWR) traded up 1.20% on Monday, reaching $102.77. 220,894 shares of the company traded hands. Monolithic Power Systems, Inc. has a 12 month low of $71.09 and a 12 month high of $107.87. The company has a market capitalization of $4.25 billion, a P/E ratio of 72.48 and a beta of 1.23. The company has a 50-day moving average price of $99.72 and a 200-day moving average price of $93.86.

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

The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a 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 research firms have issued reports on MPWR. Needham & Company LLC restated a “buy” rating and issued a $140.00 price objective (up previously from $100.00) on shares of Monolithic Power Systems in a research note on Thursday, July 27th. Stifel Nicolaus restated a “buy” rating and issued a $117.00 price objective (up previously from $110.00) on shares of Monolithic Power Systems in a research note on Thursday, July 27th. Oppenheimer Holdings, Inc. set a $120.00 price objective on shares of Monolithic Power Systems and gave the company a “buy” rating in a research note on Wednesday, July 26th. Zacks Investment Research downgraded shares of Monolithic Power Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, BidaskClub downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research note 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 stock has an average rating of “Buy” and a consensus price target of $112.29.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. raised its position 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 worth $385,591,000 after buying an additional 4,170,068 shares during the last quarter. Frontier Capital Management Co. LLC raised its position 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 worth $112,070,000 after buying an additional 577,248 shares during the last quarter. Harbour Capital Advisors LLC raised its position 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 worth $4,850,000 after buying an additional 464,290 shares during the last quarter. Norges Bank purchased a new position in Monolithic Power Systems during the fourth quarter worth about $21,332,000. Finally, MARSHALL WACE ASIA Ltd purchased a new position in Monolithic Power Systems during the first quarter worth about $22,538,000. 92.73% of the stock is owned by hedge funds and other institutional investors.

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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