Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Saria Tseng sold 5,606 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $101.94, for a total transaction of $571,475.64. Following the completion of the transaction, the vice president now owns 285,136 shares in the company, valued at $29,066,763.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, May 22nd, Saria Tseng sold 4,996 shares of Monolithic Power Systems stock. The shares were sold at an average price of $95.37, for a total transaction of $476,468.52.

Monolithic Power Systems, Inc. (MPWR) opened at 102.77 on Tuesday. The firm has a market capitalization of $4.25 billion, a P/E ratio of 72.48 and a beta of 1.23. The company has a 50 day moving average of $99.72 and a 200 day moving average of $93.86. Monolithic Power Systems, Inc. has a 1-year low of $71.09 and a 1-year high of $107.87.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.01. Monolithic Power Systems had a return on equity of 14.10% and a net margin of 14.30%. The business had revenue of $112.20 million for the quarter, compared to analysts’ expectations of $110.94 million. During the same period in the previous year, the business posted $0.54 EPS. The firm’s quarterly revenue was up 19.3% compared to the same quarter last year. On average, equities research analysts anticipate that Monolithic Power Systems, Inc. will post $2.87 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Friday, June 30th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend was Wednesday, June 28th. Monolithic Power Systems’s dividend payout ratio is currently 56.74%.

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A number of large investors have recently made changes to their positions in the stock. TrimTabs Asset Management LLC purchased a new stake in shares of Monolithic Power Systems during the first quarter worth about $128,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Monolithic Power Systems by 115.6% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,552 shares of the semiconductor company’s stock worth $150,000 after buying an additional 832 shares in the last quarter. Segantii Capital Management Ltd purchased a new stake in shares of Monolithic Power Systems during the first quarter worth about $157,000. Fortaleza Asset Management Inc. boosted its stake in shares of Monolithic Power Systems by 50.2% in the second quarter. Fortaleza Asset Management Inc. now owns 1,915 shares of the semiconductor company’s stock worth $185,000 after buying an additional 640 shares in the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Monolithic Power Systems during the first quarter worth about $202,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Several research firms have commented on MPWR. Zacks Investment Research downgraded shares of Monolithic Power Systems from a “hold” rating to a “sell” rating in a report on Wednesday, April 12th. BidaskClub downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 price objective (up from $94.00) on shares of Monolithic Power Systems in a report on Thursday, April 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $117.00 price objective (up from $110.00) on shares of Monolithic Power Systems in a report on Thursday, July 27th. Finally, Oppenheimer Holdings, Inc. set a $120.00 price objective on shares of Monolithic Power Systems and gave the company a “buy” rating in a report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Monolithic Power Systems currently has an average rating of “Buy” and a consensus target price of $112.29.

Monolithic Power Systems Company Profile

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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