Monolithic Power Systems, Inc. (NASDAQ:MPWR) CEO Michael Hsing sold 18,817 shares of the stock in a transaction on Monday, August 14th. The shares were sold at an average price of $101.94, for a total transaction of $1,918,204.98. Following the sale, the chief executive officer now directly owns 1,144,851 shares of the company’s stock, valued at approximately $116,706,110.94. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Monday, August 7th, Michael Hsing sold 19,766 shares of Monolithic Power Systems stock. The shares were sold at an average price of $101.96, for a total transaction of $2,015,341.36.

Shares of Monolithic Power Systems, Inc. (MPWR) traded down 0.30% on Wednesday, reaching $101.47. 190,865 shares of the company’s stock traded hands. Monolithic Power Systems, Inc. has a 12-month low of $71.60 and a 12-month high of $107.87. The stock has a 50-day moving average of $100.91 and a 200 day moving average of $94.81. The firm has a market cap of $4.20 billion, a P/E ratio of 71.56 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR) last released 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 company had revenue of $112.20 million during the quarter, compared to analyst estimates of $110.94 million. During the same period in the prior year, the firm earned $0.54 earnings per share. The firm’s revenue for the quarter was up 19.3% compared to the same quarter last year. On average, equities research analysts expect that Monolithic Power Systems, Inc. will post $2.87 earnings per share for the current year.

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Hedge funds have recently added to or reduced their stakes in the company. Eagle Asset Management Inc. raised its stake in Monolithic Power Systems by 8.1% in the first quarter. Eagle Asset Management Inc. now owns 78,090 shares of the semiconductor company’s stock worth $7,192,000 after buying an additional 5,881 shares during the period. Teachers Advisors LLC raised its stake in Monolithic Power Systems by 109.7% in the fourth quarter. Teachers Advisors LLC now owns 131,225 shares of the semiconductor company’s stock worth $10,751,000 after buying an additional 68,638 shares during the period. Bank of Montreal Can raised its stake in Monolithic Power Systems by 110.0% in the first quarter. Bank of Montreal Can now owns 373,545 shares of the semiconductor company’s stock worth $34,404,000 after buying an additional 195,666 shares during the period. Keybank National Association OH raised its stake in Monolithic Power Systems by 0.8% in the first quarter. Keybank National Association OH now owns 10,522 shares of the semiconductor company’s stock worth $969,000 after buying an additional 84 shares during the period. Finally, TIAA CREF Investment Management LLC raised its stake in Monolithic Power Systems by 20.4% in the first quarter. TIAA CREF Investment Management LLC now owns 186,658 shares of the semiconductor company’s stock worth $17,191,000 after buying an additional 31,660 shares during the period. 93.36% of the stock is owned by institutional investors.

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