Deming Xiao Sells 29,203 Shares of Monolithic Power Systems, Inc. (MPWR) Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) insider Deming Xiao sold 29,203 shares of the company’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $108.19, for a total transaction of $3,159,472.57. Following the sale, the insider now directly owns 340,036 shares in the company, valued at approximately $36,788,494.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Monday, February 5th, Deming Xiao sold 4,382 shares of Monolithic Power Systems stock. The shares were sold at an average price of $113.85, for a total transaction of $498,890.70.

Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) traded up $0.06 during midday trading on Tuesday, hitting $109.97. 409,019 shares of the stock traded hands, compared to its average volume of 356,111. Monolithic Power Systems, Inc. has a 52-week low of $84.45 and a 52-week high of $126.80. The firm has a market capitalization of $4,580.87, a price-to-earnings ratio of 73.77, a P/E/G ratio of 2.38 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, February 8th. The semiconductor company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.02. Monolithic Power Systems had a net margin of 13.85% and a return on equity of 16.51%. The firm had revenue of $129.43 million for the quarter, compared to analyst estimates of $126.19 million. During the same quarter in the prior year, the business earned $0.65 earnings per share. The business’s quarterly revenue was up 24.9% compared to the same quarter last year. equities research analysts anticipate that Monolithic Power Systems, Inc. will post 2.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Friday, March 30th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 28th. This represents a $1.20 annualized dividend and a dividend yield of 1.09%. This is a positive change from Monolithic Power Systems’s previous quarterly dividend of $0.20. Monolithic Power Systems’s dividend payout ratio is currently 53.69%.

Several hedge funds and other institutional investors have recently made changes to their positions in MPWR. Emerald Advisers Inc. PA acquired a new position in shares of Monolithic Power Systems during the third quarter valued at about $12,559,000. Macquarie Group Ltd. acquired a new position in shares of Monolithic Power Systems during the third quarter valued at about $12,546,000. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Monolithic Power Systems during the third quarter valued at about $10,546,000. Icon Advisers Inc. Co. raised its holdings in shares of Monolithic Power Systems by 990.5% during the fourth quarter. Icon Advisers Inc. Co. now owns 91,600 shares of the semiconductor company’s stock valued at $10,292,000 after purchasing an additional 83,200 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in shares of Monolithic Power Systems by 85.5% during the second quarter. Janus Henderson Group PLC now owns 147,743 shares of the semiconductor company’s stock valued at $14,243,000 after purchasing an additional 68,089 shares during the period. Hedge funds and other institutional investors own 92.25% of the company’s stock.

MPWR has been the topic of a number of research analyst reports. Oppenheimer upped their price target on shares of Monolithic Power Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Zacks Investment Research cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Stifel Nicolaus upped their price target on shares of Monolithic Power Systems from $126.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Deutsche Bank upped their price target on shares of Monolithic Power Systems from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, October 24th. Finally, BidaskClub raised shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Monolithic Power Systems currently has a consensus rating of “Buy” and a consensus target price of $129.25.

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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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