BLI Banque de Luxembourg Investments Takes $2.03 Million Position in Monolithic Power Systems, Inc. $MPWR

BLI Banque de Luxembourg Investments bought a new stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,200 shares of the semiconductor company’s stock, valued at approximately $2,033,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Covestor Ltd grew its position in shares of Monolithic Power Systems by 29.0% during the 4th quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 9 shares during the period. Resonant Capital Advisors LLC grew its position in shares of Monolithic Power Systems by 4.1% during the 4th quarter. Resonant Capital Advisors LLC now owns 253 shares of the semiconductor company’s stock valued at $230,000 after acquiring an additional 10 shares during the period. YANKCOM Partnership grew its position in shares of Monolithic Power Systems by 6.7% during the 4th quarter. YANKCOM Partnership now owns 176 shares of the semiconductor company’s stock valued at $160,000 after acquiring an additional 11 shares during the period. First National Bank of Hutchinson grew its position in shares of Monolithic Power Systems by 1.2% during the 4th quarter. First National Bank of Hutchinson now owns 948 shares of the semiconductor company’s stock valued at $859,000 after acquiring an additional 11 shares during the period. Finally, Ballentine Partners LLC grew its position in shares of Monolithic Power Systems by 2.2% during the 4th quarter. Ballentine Partners LLC now owns 567 shares of the semiconductor company’s stock valued at $514,000 after acquiring an additional 12 shares during the period. 93.46% of the stock is owned by institutional investors.

Monolithic Power Systems Stock Down 1.7%

NASDAQ MPWR opened at $1,531.98 on Wednesday. The company’s 50 day moving average is $1,481.77 and its 200-day moving average is $1,196.08. Monolithic Power Systems, Inc. has a 12-month low of $670.00 and a 12-month high of $1,714.09. The firm has a market cap of $75.27 billion, a P/E ratio of 110.45, a price-to-earnings-growth ratio of 2.79 and a beta of 1.69.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on MPWR shares. KeyCorp increased their target price on shares of Monolithic Power Systems from $1,500.00 to $2,000.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. William Blair reissued an “outperform” rating on shares of Monolithic Power Systems in a research report on Thursday, March 5th. Needham & Company LLC boosted their price target on shares of Monolithic Power Systems from $1,300.00 to $1,750.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Rosenblatt Securities boosted 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. Finally, Zacks Research lowered shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Monolithic Power Systems currently has an average rating of “Moderate Buy” and a consensus target price of $1,599.17.

Insider Buying and Selling at Monolithic Power Systems

In related news, EVP Deming Xiao sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $1,654.55, for a total transaction of $49,636,500.00. Following the sale, the executive vice president owned 205,959 shares of the company’s stock, valued at approximately $340,769,463.45. This represents a 12.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jeff Zhou sold 486 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $1,680.00, for a total transaction of $816,480.00. Following the sale, the director directly owned 3,800 shares in the company, valued at $6,384,000. This trade represents a 11.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 113,073 shares of company stock worth $160,875,958 in the last ninety days. Insiders own 3.40% of the company’s stock.

About Monolithic Power Systems

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.