4D Advisors LLC Reduces Stock Holdings in Monolithic Power Systems, Inc. $MPWR

4D Advisors LLC decreased its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 38.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,000 shares of the semiconductor company’s stock after selling 2,500 shares during the quarter. Monolithic Power Systems comprises approximately 2.0% of 4D Advisors LLC’s portfolio, making the stock its 27th biggest position. 4D Advisors LLC’s holdings in Monolithic Power Systems were worth $3,625,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MPWR. Norges Bank purchased a new stake in Monolithic Power Systems in the fourth quarter worth $658,656,000. SG Americas Securities LLC lifted its stake in Monolithic Power Systems by 77,483.1% in the fourth quarter. SG Americas Securities LLC now owns 262,231 shares of the semiconductor company’s stock worth $237,676,000 after acquiring an additional 261,893 shares during the period. First Trust Advisors LP lifted its stake in Monolithic Power Systems by 56.6% in the fourth quarter. First Trust Advisors LP now owns 701,454 shares of the semiconductor company’s stock worth $635,770,000 after acquiring an additional 253,653 shares during the period. Barclays PLC lifted its stake in Monolithic Power Systems by 67.0% in the fourth quarter. Barclays PLC now owns 604,802 shares of the semiconductor company’s stock worth $548,168,000 after acquiring an additional 242,740 shares during the period. Finally, Rafferty Asset Management LLC lifted its stake in Monolithic Power Systems by 36.1% in the second quarter. Rafferty Asset Management LLC now owns 529,124 shares of the semiconductor company’s stock worth $386,991,000 after acquiring an additional 140,269 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on MPWR. Wells Fargo & Company raised their price objective on 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. Raymond James Financial reissued an “outperform” rating and set a $1,800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, May 1st. Truist Financial set a $1,805.00 price objective on Monolithic Power Systems in a research report on Friday, May 1st. KeyCorp raised their price objective on 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. Finally, Zacks Research lowered 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 assigned a Hold rating to the company. Based on data from MarketBeat, Monolithic Power Systems currently has an average rating of “Moderate Buy” and an average target price of $1,599.17.

Monolithic Power Systems Stock Performance

NASDAQ MPWR opened at $1,448.21 on Thursday. Monolithic Power Systems, Inc. has a one year low of $671.18 and a one year high of $1,714.09. The stock has a 50-day moving average of $1,533.91 and a 200 day moving average of $1,223.25. The company has a market capitalization of $71.15 billion, a price-to-earnings ratio of 104.41, a PEG ratio of 2.68 and a beta of 1.69.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $5.10 EPS for the quarter, topping the consensus estimate 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 company had revenue of $804.19 million during the quarter, compared to the consensus estimate of $781.93 million. During the same period last year, the company earned $4.04 EPS. Monolithic Power Systems’s revenue for the quarter was up 26.1% on a year-over-year basis. On average, equities analysts predict that Monolithic Power Systems, Inc. will post 20.13 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 57.68%.

Insider Buying and Selling

In related news, EVP Maurice Sciammas sold 30 shares of Monolithic Power Systems stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $1,533.95, for a total value of $46,018.50. Following the completion of the sale, the executive vice president directly owned 1,179 shares in the company, valued at approximately $1,808,527.05. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deming Xiao sold 30,000 shares of Monolithic Power Systems stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $1,654.55, for a total value of $49,636,500.00. Following the completion of the sale, the executive vice president owned 205,959 shares of the company’s stock, valued at $340,769,463.45. The trade was a 12.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 113,073 shares of company stock worth $160,875,958 in the last three months. 3.60% of the stock is currently owned by company insiders.

Monolithic Power Systems 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.