Monolithic Power Systems, Inc. (NASDAQ:MPWR) Director James C. Moyer sold 15,000 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $122.36, for a total value of $1,835,400.00. Following the completion of the sale, the director now directly owns 705,225 shares in the company, valued at $86,291,331. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) opened at $120.51 on Thursday. Monolithic Power Systems, Inc. has a 52-week low of $84.45 and a 52-week high of $126.80. The firm has a market capitalization of $4,977.88, a price-to-earnings ratio of 74.85, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend was Thursday, December 28th. Monolithic Power Systems’s dividend payout ratio (DPR) is 49.69%.

MPWR has been the topic of several analyst reports. SunTrust Banks initiated coverage on Monolithic Power Systems in a research report on Tuesday, October 10th. They issued a “buy” rating and a $132.00 target price on the stock. Deutsche Bank increased their target price 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. BidaskClub lowered Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Saturday, December 16th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $117.00 target price on shares of Monolithic Power Systems in a research report on Wednesday, October 4th. Finally, Oppenheimer increased their target price 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. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Monolithic Power Systems has an average rating of “Buy” and an average target price of $129.25.

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Monolithic Power Systems by 2.8% during the second quarter. Vanguard Group Inc. now owns 3,118,538 shares of the semiconductor company’s stock valued at $300,627,000 after purchasing an additional 85,754 shares during the period. State Street Corp increased its holdings in shares of Monolithic Power Systems by 3.7% during the second quarter. State Street Corp now owns 1,362,561 shares of the semiconductor company’s stock valued at $131,351,000 after purchasing an additional 48,013 shares during the period. Frontier Capital Management Co. LLC increased its holdings in shares of Monolithic Power Systems by 4.1% during the third quarter. Frontier Capital Management Co. LLC now owns 1,210,304 shares of the semiconductor company’s stock valued at $128,958,000 after purchasing an additional 47,751 shares during the period. Wasatch Advisors Inc. increased its holdings in shares of Monolithic Power Systems by 4.7% during the second quarter. Wasatch Advisors Inc. now owns 1,017,256 shares of the semiconductor company’s stock valued at $98,063,000 after purchasing an additional 46,077 shares during the period. Finally, Earnest Partners LLC increased its holdings in shares of Monolithic Power Systems by 0.4% during the third quarter. Earnest Partners LLC now owns 988,379 shares of the semiconductor company’s stock valued at $105,312,000 after purchasing an additional 3,973 shares during the period. 93.85% of the stock is currently owned by institutional investors.

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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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