Insider Selling: Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Sells 2,001 Shares of Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Maurice Sciammas sold 2,001 shares of the company’s stock in a transaction that occurred on Wednesday, July 10th. The stock was sold at an average price of $140.75, for a total transaction of $281,640.75. Following the sale, the vice president now directly owns 385,780 shares of the company’s stock, valued at approximately $54,298,535. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Monday, July 1st, Maurice Sciammas sold 8,394 shares of Monolithic Power Systems stock. The shares were sold at an average price of $139.68, for a total transaction of $1,172,473.92.
  • On Thursday, June 27th, Maurice Sciammas sold 7,979 shares of Monolithic Power Systems stock. The shares were sold at an average price of $131.09, for a total transaction of $1,045,967.11.
  • On Monday, June 24th, Maurice Sciammas sold 2,722 shares of Monolithic Power Systems stock. The shares were sold at an average price of $128.63, for a total transaction of $350,130.86.
  • On Tuesday, May 21st, Maurice Sciammas sold 19,883 shares of Monolithic Power Systems stock. The shares were sold at an average price of $121.98, for a total transaction of $2,425,328.34.
  • On Wednesday, May 8th, Maurice Sciammas sold 2,847 shares of Monolithic Power Systems stock. The shares were sold at an average price of $138.03, for a total transaction of $392,971.41.

NASDAQ MPWR traded up $2.65 on Friday, hitting $143.32. The company’s stock had a trading volume of 196,903 shares, compared to its average volume of 311,520. Monolithic Power Systems, Inc. has a 1-year low of $101.99 and a 1-year high of $161.22. The stock’s 50-day simple moving average is $128.56. The company has a market capitalization of $6.17 billion, a price-to-earnings ratio of 59.97, a PEG ratio of 2.15 and a beta of 1.68.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, May 2nd. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.84. Monolithic Power Systems had a net margin of 18.43% and a return on equity of 17.99%. The firm had revenue of $141.40 million during the quarter, compared to analysts’ expectations of $141.11 million. During the same period in the prior year, the company posted $0.79 EPS. The company’s revenue was up 9.4% on a year-over-year basis. On average, equities research analysts expect that Monolithic Power Systems, Inc. will post 2.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend is Thursday, June 27th. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 66.95%.

A number of hedge funds and other institutional investors have recently made changes to their positions in MPWR. CWM LLC increased its position in shares of Monolithic Power Systems by 128.5% during the first quarter. CWM LLC now owns 377 shares of the semiconductor company’s stock worth $51,000 after buying an additional 212 shares during the period. Quadrant Capital Group LLC increased its position in shares of Monolithic Power Systems by 98.2% during the first quarter. Quadrant Capital Group LLC now owns 672 shares of the semiconductor company’s stock worth $86,000 after buying an additional 333 shares during the period. Quantamental Technologies LLC acquired a new stake in shares of Monolithic Power Systems during the first quarter worth $98,000. NN Investment Partners Holdings N.V. acquired a new stake in shares of Monolithic Power Systems during the second quarter worth $163,000. Finally, Captrust Financial Advisors increased its position in shares of Monolithic Power Systems by 38.0% during the fourth quarter. Captrust Financial Advisors now owns 1,318 shares of the semiconductor company’s stock worth $154,000 after buying an additional 363 shares during the period. Hedge funds and other institutional investors own 96.00% of the company’s stock.

Several equities analysts recently commented on MPWR shares. BidaskClub raised shares of Zillow Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 2nd. Zacks Investment Research downgraded shares of Haynes International from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. Needham & Company LLC reissued a “buy” rating and issued a $200.00 price objective (up previously from $140.00) on shares of Universal Display in a research note on Friday, May 3rd. Loop Capital reissued a “hold” rating and issued a $76.00 price objective on shares of Power Integrations in a research note on Tuesday, June 18th. Finally, ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $148.13.

About Monolithic Power Systems

Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment.

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