Saria Tseng Sells 7,565 Shares of Monolithic Power Systems (NASDAQ:MPWR) Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) EVP Saria Tseng sold 7,565 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $1,700.00, for a total value of $12,860,500.00. Following the completion of the sale, the executive vice president directly owned 144,218 shares of the company’s stock, valued at $245,170,600. The trade was a 4.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Saria Tseng also recently made the following trade(s):

• On Friday, May 22nd, Saria Tseng sold 5,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,586.43, for a total value of $7,932,150.00.
• On Wednesday, April 8th, Saria Tseng sold 8,963 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,305.22, for a total value of $11,698,686.86.
• On Monday, April 6th, Saria Tseng sold 7,636 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,167.95, for a total value of $8,918,466.20.
• On Wednesday, April 1st, Saria Tseng sold 1,400 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,133.52, for a total value of $1,586,928.00.
• On Monday, March 30th, Saria Tseng sold 25,674 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,010.50, for a total value of $25,943,577.00.

Monolithic Power Systems Price Performance

Shares of Monolithic Power Systems stock opened at $1,566.21 on Friday. Monolithic Power Systems, Inc. has a one year low of $643.36 and a one year high of $1,714.09. The firm has a market capitalization of $76.95 billion, a price-to-earnings ratio of 112.92, a PEG ratio of 2.80 and a beta of 1.74. The business has a 50-day simple moving average of $1,411.52 and a 200 day simple moving average of $1,161.77.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $5.10 EPS for the quarter, beating analysts’ consensus estimates of $4.90 by $0.20. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The business had revenue of $804.19 million during the quarter, compared to analyst estimates of $781.93 million. During the same period in the previous year, the company posted $4.04 EPS. The firm’s revenue was up 26.1% compared to the same quarter last year. On average, sell-side analysts expect that Monolithic Power Systems, Inc. will post 20.13 EPS for the current year.

Monolithic Power Systems News Summary

Here are the key news stories impacting Monolithic Power Systems this week:

• Negative Sentiment: EVP Saria Tseng disclosed a sale of 7,565 shares at an average price of $1,700, trimming her position by about 5%. Insiders at Monolithic Power have been actively selling lately, which can signal that management sees less near-term upside. Article Title
• Negative Sentiment: Director Jeff Zhou also sold 486 shares at $1,680, continuing a recent pattern of insider selling at MPWR. Multiple insider sales in a short period often pressure sentiment, even if the amounts are small relative to total holdings. Article Title
• Negative Sentiment: Separate coverage noted that insiders have sold roughly $515 million of Monolithic Power stock, reinforcing concerns that the shares may be getting expensive after a strong run. Article Title
• Negative Sentiment: GuruFocus said MPWR still looks overvalued despite the recent rally, adding to valuation anxiety as the stock trades near its highs. Article Title

Analyst Ratings Changes

MPWR has been the topic of several recent research reports. Oppenheimer set a $1,700.00 price target on shares of Monolithic Power Systems in a research report on Friday, May 1st. Citigroup reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, May 1st. Rosenblatt Securities raised their price target on shares of Monolithic Power Systems from $1,000.00 to $1,575.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Wells Fargo & Company raised their price target on shares of Monolithic Power Systems from $1,650.00 to $1,860.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Weiss Ratings cut shares of Monolithic Power Systems from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Monolithic Power Systems presently has an average rating of “Moderate Buy” and a consensus price target of $1,599.17.

Institutional Investors Weigh In On Monolithic Power Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Monolithic Power Systems by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 6,074,033 shares of the semiconductor company’s stock valued at $5,591,998,000 after buying an additional 134,087 shares during the last quarter. State Street Corp increased its stake in Monolithic Power Systems by 2.1% in the 4th quarter. State Street Corp now owns 2,180,419 shares of the semiconductor company’s stock valued at $1,979,610,000 after buying an additional 45,715 shares during the last quarter. Corient Private Wealth LLC increased its stake in Monolithic Power Systems by 3,719.6% in the 4th quarter. Corient Private Wealth LLC now owns 2,047,173 shares of the semiconductor company’s stock valued at $1,855,476,000 after buying an additional 1,993,576 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Monolithic Power Systems by 7.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,691,394 shares of the semiconductor company’s stock valued at $1,533,013,000 after buying an additional 117,596 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Monolithic Power Systems by 25.9% in the 4th quarter. Invesco Ltd. now owns 1,434,689 shares of the semiconductor company’s stock valued at $1,300,345,000 after buying an additional 295,556 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Monolithic Power Systems Company Profile

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.