Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Maurice Sciammas sold 1,693 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $104.09, for a total transaction of $176,224.37. Following the transaction, the vice president now owns 367,695 shares in the company, valued at $38,273,372.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Maurice Sciammas also recently made the following trade(s):

  • On Thursday, July 27th, Maurice Sciammas sold 10,828 shares of Monolithic Power Systems stock. The stock was sold at an average price of $101.60, for a total transaction of $1,100,124.80.

Monolithic Power Systems, Inc. (MPWR) traded down 0.68% during trading on Tuesday, reaching $103.47. 223,578 shares of the company were exchanged. The firm’s 50 day moving average is $101.24 and its 200 day moving average is $96.94. Monolithic Power Systems, Inc. has a 52-week low of $75.04 and a 52-week high of $107.87. The stock has a market capitalization of $4.28 billion, a PE ratio of 72.97 and a beta of 1.22.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.77%. The ex-dividend date is Thursday, September 28th. Monolithic Power Systems’s dividend payout ratio is presently 56.74%.

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A number of hedge funds and other institutional investors have recently modified their holdings of the business. HWG Holdings LP increased its position in Monolithic Power Systems by 123.5% in the second quarter. HWG Holdings LP now owns 21,579 shares of the semiconductor company’s stock worth $2,080,000 after buying an additional 11,925 shares during the period. Cookson Peirce & Co. Inc. increased its position in Monolithic Power Systems by 18.2% in the second quarter. Cookson Peirce & Co. Inc. now owns 30,395 shares of the semiconductor company’s stock worth $2,930,000 after buying an additional 4,680 shares during the period. Wasatch Advisors Inc. increased its position in Monolithic Power Systems by 4.7% in the second quarter. Wasatch Advisors Inc. now owns 1,017,256 shares of the semiconductor company’s stock worth $98,063,000 after buying an additional 46,077 shares during the period. Public Employees Retirement System of Ohio increased its position in Monolithic Power Systems by 1.0% in the second quarter. Public Employees Retirement System of Ohio now owns 77,289 shares of the semiconductor company’s stock worth $7,451,000 after buying an additional 779 shares during the period. Finally, 1st Global Advisors Inc. acquired a new stake in Monolithic Power Systems in the second quarter worth $209,000. 93.19% of the stock is currently owned by hedge funds and other institutional investors.

MPWR has been the topic of a number of research reports. Oppenheimer Holdings, Inc. raised their target price on shares of Monolithic Power Systems from $100.00 to $110.00 in a research report on Monday, July 24th. Needham & Company LLC restated a “buy” rating and set a $140.00 target price (up from $100.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Stifel Nicolaus restated a “buy” rating and set a $117.00 target price (up from $110.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. BidaskClub lowered shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Finally, KeyCorp restated a “buy” rating and set a $115.00 target price on shares of Monolithic Power Systems in a research report on Friday, September 1st. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $112.63.

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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