UBS Group AG Purchases 97,357 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

UBS Group AG raised its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 100.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 194,286 shares of the semiconductor company’s stock after acquiring an additional 97,357 shares during the quarter. UBS Group AG’s holdings in Monolithic Power Systems were worth $122,552,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Monolithic Power Systems by 2.4% during the third quarter. Vanguard Group Inc. now owns 5,373,477 shares of the semiconductor company’s stock worth $2,482,546,000 after purchasing an additional 123,946 shares during the period. FMR LLC boosted its holdings in shares of Monolithic Power Systems by 35.0% during the 3rd quarter. FMR LLC now owns 3,583,803 shares of the semiconductor company’s stock worth $1,655,717,000 after buying an additional 929,009 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Monolithic Power Systems by 0.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,056,183 shares of the semiconductor company’s stock worth $666,219,000 after buying an additional 3,105 shares during the period. Brown Advisory Inc. increased its stake in shares of Monolithic Power Systems by 4.4% in the 4th quarter. Brown Advisory Inc. now owns 1,028,467 shares of the semiconductor company’s stock valued at $648,736,000 after acquiring an additional 43,225 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Monolithic Power Systems by 0.9% in the 3rd quarter. Wellington Management Group LLP now owns 853,243 shares of the semiconductor company’s stock valued at $394,198,000 after acquiring an additional 7,204 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Maurice Sciammas sold 11,000 shares of the stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $681.83, for a total value of $7,500,130.00. Following the completion of the sale, the executive vice president now owns 130,744 shares in the company, valued at $89,145,181.52. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Monolithic Power Systems news, Director Kuo Wei Herbert Chang sold 200 shares of Monolithic Power Systems stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $735.00, for a total value of $147,000.00. Following the sale, the director now owns 941 shares of the company’s stock, valued at $691,635. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Maurice Sciammas sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $681.83, for a total transaction of $7,500,130.00. Following the sale, the executive vice president now owns 130,744 shares of the company’s stock, valued at approximately $89,145,181.52. The disclosure for this sale can be found here. Insiders have sold 45,130 shares of company stock valued at $31,063,503 in the last three months. 3.20% of the stock is currently owned by insiders.

Monolithic Power Systems Trading Up 0.1 %

Shares of Monolithic Power Systems stock opened at $756.74 on Wednesday. The company has a market capitalization of $36.84 billion, a P/E ratio of 90.20, a price-to-earnings-growth ratio of 3.90 and a beta of 1.22. The stock has a fifty day simple moving average of $677.63 and a 200 day simple moving average of $642.24. Monolithic Power Systems, Inc. has a 12-month low of $392.10 and a 12-month high of $778.15.

Analyst Ratings Changes

A number of research firms have commented on MPWR. Truist Financial raised their price target on shares of Monolithic Power Systems from $789.00 to $799.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Oppenheimer boosted their target price on Monolithic Power Systems from $600.00 to $700.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. TD Cowen upped their price target on Monolithic Power Systems from $650.00 to $800.00 and gave the stock an “outperform” rating in a research note on Thursday, February 8th. Needham & Company LLC reissued a “buy” rating and issued a $800.00 price objective on shares of Monolithic Power Systems in a research note on Thursday, May 2nd. Finally, KeyCorp boosted their price objective on Monolithic Power Systems to $850.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and an average target price of $743.78.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.