Monolithic Power Systems, Inc. (NASDAQ:MPWR) CEO Michael Hsing sold 18,817 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $119.63, for a total value of $2,251,077.71. Following the completion of the sale, the chief executive officer now owns 1,106,269 shares of the company’s stock, valued at $132,342,960.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, November 6th, Michael Hsing sold 19,765 shares of Monolithic Power Systems stock. The stock was sold at an average price of $123.06, for a total value of $2,432,280.90.

Shares of Monolithic Power Systems, Inc. (MPWR) traded up $2.30 on Friday, reaching $121.22. The company’s stock had a trading volume of 213,400 shares, compared to its average volume of 275,059. Monolithic Power Systems, Inc. has a 12-month low of $75.08 and a 12-month high of $125.75. The company has a market capitalization of $5,020.00, a PE ratio of 72.07, a P/E/G ratio of 3.68 and a beta of 1.28.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.02. Monolithic Power Systems had a return on equity of 15.40% and a net margin of 15.66%. The firm had revenue of $128.90 million for the quarter, compared to analysts’ expectations of $126.11 million. During the same quarter last year, the business earned $0.66 earnings per share. The company’s revenue was up 21.0% compared to the same quarter last year. sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 1.8 earnings per share for the current year.

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Institutional investors and hedge funds have recently modified their holdings of the business. AGF Investments America Inc. boosted its holdings in Monolithic Power Systems by 23.9% during the second quarter. AGF Investments America Inc. now owns 53,083 shares of the semiconductor company’s stock worth $5,117,000 after buying an additional 10,229 shares during the last quarter. AGF Investments Inc. boosted its holdings in Monolithic Power Systems by 28.9% during the second quarter. AGF Investments Inc. now owns 9,572 shares of the semiconductor company’s stock worth $923,000 after buying an additional 2,146 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Monolithic Power Systems by 166.3% during the second quarter. Franklin Resources Inc. now owns 799,631 shares of the semiconductor company’s stock worth $77,086,000 after buying an additional 499,387 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Monolithic Power Systems by 259.3% during the second quarter. Goldman Sachs Group Inc. now owns 376,246 shares of the semiconductor company’s stock worth $36,270,000 after buying an additional 271,527 shares during the last quarter. Finally, Pembroke Management LTD bought a new position in Monolithic Power Systems during the second quarter worth about $8,945,000. Hedge funds and other institutional investors own 92.85% of the company’s stock.

A number of analysts recently commented on the company. Stifel Nicolaus lifted their price objective on Monolithic Power Systems from $126.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Zacks Investment Research upgraded Monolithic Power Systems from a “hold” rating to a “strong-buy” rating and set a $140.00 price objective for the company in a research report on Thursday, November 2nd. Oppenheimer Holdings, Inc. lifted their price objective on Monolithic Power Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. KeyCorp reiterated a “buy” rating and issued a $125.00 price objective on shares of Monolithic Power Systems in a research report on Friday, October 27th. Finally, Deutsche Bank AG lifted their price objective on Monolithic Power Systems from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $126.00.

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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