Monolithic Power Systems, Inc. (NASDAQ:MPWR) Director James C. Moyer sold 15,000 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $113.70, for a total value of $1,705,500.00. Following the completion of the transaction, the director now directly owns 720,225 shares of the company’s stock, valued at approximately $81,889,582.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) opened at $111.50 on Thursday. Monolithic Power Systems, Inc. has a fifty-two week low of $81.36 and a fifty-two week high of $126.80. The company has a market capitalization of $4,727.95, a P/E ratio of 69.02, a price-to-earnings-growth ratio of 3.52 and a beta of 1.26.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Thursday, October 26th. The semiconductor company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $128.90 million during the quarter, compared to analysts’ expectations of $126.11 million. During the same quarter in the prior year, the firm earned $0.66 earnings per share. The business’s revenue was up 21.0% compared to the same quarter last year. research analysts anticipate that Monolithic Power Systems, Inc. will post 1.8 earnings per share for the current fiscal year.

MPWR has been the subject of a number of analyst reports. SunTrust Banks initiated coverage on Monolithic Power Systems in a report on Tuesday, October 10th. They issued a “buy” rating and a $132.00 price target for the company. Deutsche Bank upped their price target on Monolithic Power Systems from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. Zacks Investment Research cut Monolithic Power Systems from a “hold” rating to a “sell” rating in a report on Tuesday, August 29th. Stifel Nicolaus reissued a “buy” rating and set a $117.00 target price on shares of Monolithic Power Systems in a report on Sunday, September 3rd. Finally, BidaskClub cut Monolithic Power Systems from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $129.25.

Institutional investors have recently made changes to their positions in the business. Quantbot Technologies LP purchased a new stake in shares of Monolithic Power Systems in the second quarter valued at approximately $121,000. D.A. Davidson & CO. grew its position in shares of Monolithic Power Systems by 13.2% in the second quarter. D.A. Davidson & CO. now owns 1,473 shares of the semiconductor company’s stock valued at $141,000 after purchasing an additional 172 shares in the last quarter. Fortaleza Asset Management Inc. grew its position 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 valued at $185,000 after purchasing an additional 640 shares in the last quarter. Riverhead Capital Management LLC grew its position in shares of Monolithic Power Systems by 74.8% in the second quarter. Riverhead Capital Management LLC now owns 2,097 shares of the semiconductor company’s stock valued at $202,000 after purchasing an additional 897 shares in the last quarter. Finally, Campbell Newman Asset Management Inc. purchased a new stake in shares of Monolithic Power Systems in the second quarter valued at approximately $203,000. 93.90% of the stock is owned by institutional investors and hedge funds.

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About Monolithic Power Systems

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.

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