Monolithic Power Systems, Inc. (NASDAQ:MPWR) CEO Michael Hsing sold 19,766 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $101.96, for a total transaction of $2,015,341.36. Following the transaction, the chief executive officer now owns 1,174,800 shares of the company’s stock, valued at $119,782,608. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Michael Hsing also recently made the following trade(s):

  • On Monday, May 15th, Michael Hsing sold 18,815 shares of Monolithic Power Systems stock. The shares were sold at an average price of $96.13, for a total transaction of $1,808,685.95.

Monolithic Power Systems, Inc. (MPWR) opened at 102.51 on Wednesday. The stock has a 50 day moving average of $100.11 and a 200-day moving average of $94.03. The firm has a market cap of $4.24 billion, a PE ratio of 72.29 and a beta of 1.23. Monolithic Power Systems, Inc. has a 52 week low of $71.09 and a 52 week high of $107.87.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results 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. The company had revenue of $112.20 million during the quarter, compared to analysts’ expectations of $110.94 million. Monolithic Power Systems had a net margin of 14.30% and a return on equity of 14.10%. Monolithic Power Systems’s quarterly revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.54 earnings per share. Analysts expect that Monolithic Power Systems, Inc. will post $2.87 earnings per share for the current year.

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

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MPWR has been the subject of several research analyst reports. Zacks Investment Research cut shares of Monolithic Power Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. Stifel Nicolaus cut their target price on shares of Monolithic Power Systems from $105.00 to $97.00 and set a “buy” rating for the company in a research note on Wednesday, April 26th. Needham & Company LLC reiterated a “buy” rating and set a $100.00 target price (up from $94.00) on shares of Monolithic Power Systems in a research note on Thursday, April 27th. Deutsche Bank AG reiterated a “buy” rating and set a $97.00 target price (up from $95.00) on shares of Monolithic Power Systems in a research note on Friday, April 28th. Finally, Pacific Crest reiterated an “overweight” rating and set a $110.00 target price on shares of Monolithic Power Systems in a research note on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Monolithic Power Systems has a consensus rating of “Buy” and an average price target of $112.29.

Large investors have recently made changes to their positions in the stock. TrimTabs Asset Management LLC acquired 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 during the last quarter. Segantii Capital Management Ltd acquired 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 during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Monolithic Power Systems during the first quarter worth about $202,000. 92.73% of the stock is owned by institutional investors.

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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