Hanseatic Management Services Inc. raised its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,740 shares of the semiconductor company’s stock after acquiring an additional 45 shares during the period. Hanseatic Management Services Inc.’s holdings in Monolithic Power Systems were worth $361,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MPWR. Strs Ohio grew its stake in shares of Monolithic Power Systems by 10.2% in the first quarter. Strs Ohio now owns 5,400 shares of the semiconductor company’s stock worth $497,000 after acquiring an additional 500 shares during the last quarter. Great West Life Assurance Co. Can grew its stake in shares of Monolithic Power Systems by 4.1% in the first quarter. Great West Life Assurance Co. Can now owns 22,066 shares of the semiconductor company’s stock worth $2,031,000 after acquiring an additional 877 shares during the last quarter. Comerica Bank grew its stake in shares of Monolithic Power Systems by 5.5% in the first quarter. Comerica Bank now owns 30,341 shares of the semiconductor company’s stock worth $2,866,000 after acquiring an additional 1,572 shares during the last quarter. Swiss National Bank grew its stake in shares of Monolithic Power Systems by 0.8% in the first quarter. Swiss National Bank now owns 63,800 shares of the semiconductor company’s stock worth $5,876,000 after acquiring an additional 500 shares during the last quarter. Finally, World Asset Management Inc purchased a new stake in shares of Monolithic Power Systems in the first quarter worth $217,000. 93.19% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have recently commented on MPWR shares. Zacks Investment Research cut Monolithic Power Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Pacific Crest reissued an “overweight” rating and issued a $110.00 target price on shares of Monolithic Power Systems in a research note on Wednesday, June 21st. KeyCorp reissued a “buy” rating and issued a $115.00 target price on shares of Monolithic Power Systems in a research note on Friday, September 1st. Stifel Nicolaus reissued a “buy” rating and issued a $117.00 target price on shares of Monolithic Power Systems in a research note on Sunday, September 3rd. Finally, BidaskClub cut Monolithic Power Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $112.63.

Shares of Monolithic Power Systems, Inc. (MPWR) opened at 102.97 on Friday. Monolithic Power Systems, Inc. has a 52-week low of $75.04 and a 52-week high of $107.87. The company’s 50 day moving average price is $101.27 and its 200 day moving average price is $97.05. The stock has a market capitalization of $4.26 billion, a PE ratio of 72.62 and a beta of 1.22.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 annualized dividend and a yield of 0.78%. Monolithic Power Systems’s dividend payout ratio (DPR) is 56.74%.

In related news, CEO Michael Hsing sold 19,766 shares of the business’s stock in a transaction on Monday, August 7th. The stock was 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 directly owns 1,174,800 shares in the company, valued at approximately $119,782,608. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director James C. Moyer sold 2,000 shares of the business’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $95.41, for a total value of $190,820.00. Following the transaction, the director now owns 805,758 shares in the company, valued at $76,877,370.78. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 119,423 shares of company stock worth $12,119,582. 4.00% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: This story was first reported by Daily Political and is the property of of Daily Political. If you are viewing this story on another domain, it was illegally copied and reposted in violation of US and international trademark and copyright legislation. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/09/24/hanseatic-management-services-inc-buys-45-shares-of-monolithic-power-systems-inc-mpwr.html.

Monolithic Power Systems 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.

Want to see what other hedge funds are holding MPWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monolithic Power Systems, Inc. (NASDAQ:MPWR).

Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

Receive News & Ratings for Monolithic Power Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monolithic Power Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.