Capital Impact Advisors LLC reduced its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 25.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,927 shares of the semiconductor company’s stock after selling 4,433 shares during the period. Capital Impact Advisors LLC’s holdings in Monolithic Power Systems were worth $1,633,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Oakbrook Investments LLC purchased a new position in shares of Monolithic Power Systems in the 3rd quarter valued at approximately $684,000. Aperio Group LLC raised its position in shares of Monolithic Power Systems by 6.1% in the 3rd quarter. Aperio Group LLC now owns 25,336 shares of the semiconductor company’s stock valued at $3,180,000 after purchasing an additional 1,458 shares during the last quarter. First Hawaiian Bank purchased a new position in shares of Monolithic Power Systems in the 3rd quarter valued at approximately $127,000. Clinton Group Inc. purchased a new position in shares of Monolithic Power Systems in the 3rd quarter valued at approximately $1,959,000. Finally, We Are One Seven LLC purchased a new position in shares of Monolithic Power Systems in the 3rd quarter valued at approximately $331,000. Institutional investors and hedge funds own 93.55% of the company’s stock.

MPWR opened at $114.35 on Friday. Monolithic Power Systems, Inc. has a 12-month low of $103.14 and a 12-month high of $152.21. The company has a market cap of $5.03 billion, a price-to-earnings ratio of 61.81, a price-to-earnings-growth ratio of 1.95 and a beta of 1.53.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings results on Wednesday, July 25th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.90. Monolithic Power Systems had a net margin of 15.51% and a return on equity of 17.84%. The company had revenue of $139.76 million during the quarter, compared to analyst estimates of $139.45 million. During the same period last year, the firm posted $0.68 EPS. Monolithic Power Systems’s revenue for the quarter was up 24.6% compared to the same quarter last year. As a group, equities analysts predict that Monolithic Power Systems, Inc. will post 2.44 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Friday, September 28th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend was Thursday, September 27th. Monolithic Power Systems’s dividend payout ratio is presently 64.86%.

MPWR has been the subject of several research analyst reports. Stifel Nicolaus increased their price objective on shares of Monolithic Power Systems from $147.00 to $155.00 and gave the company a “$141.80” rating in a research report on Thursday, July 19th. Needham & Company LLC increased their price objective on shares of Monolithic Power Systems from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. BidaskClub lowered shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, September 12th. ValuEngine lowered shares of Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Saturday, October 6th. Finally, Raymond James lowered shares of Monolithic Power Systems from a “strong-buy” rating to an “outperform” rating and set a $160.00 price objective for the company. in a research report on Tuesday, September 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $152.88.

In other Monolithic Power Systems news, CEO Michael Hsing sold 15,870 shares of the firm’s stock in a transaction that occurred on Monday, October 1st. The shares were sold at an average price of $126.18, for a total transaction of $2,002,476.60. Following the completion of the transaction, the chief executive officer now directly owns 1,074,167 shares of the company’s stock, valued at approximately $135,538,392.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James C. Moyer sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, October 8th. The stock was sold at an average price of $116.55, for a total transaction of $1,748,250.00. Following the transaction, the director now directly owns 611,815 shares of the company’s stock, valued at $71,307,038.25. The disclosure for this sale can be found here. Insiders have sold a total of 174,129 shares of company stock valued at $24,183,574 over the last three months. 4.00% of the stock is currently owned by insiders.

Monolithic Power Systems Company Profile

Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment.

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

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