Robeco Schweiz AG Has $95.04 Million Stock Position in Monolithic Power Systems, Inc. $MPWR

Robeco Schweiz AG cut its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 3.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 103,237 shares of the semiconductor company’s stock after selling 3,506 shares during the quarter. Monolithic Power Systems makes up approximately 2.1% of Robeco Schweiz AG’s holdings, making the stock its 11th biggest holding. Robeco Schweiz AG’s holdings in Monolithic Power Systems were worth $95,044,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. True Wealth Design LLC increased its position in Monolithic Power Systems by 61.1% during the 3rd quarter. True Wealth Design LLC now owns 29 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 11 shares in the last quarter. SJS Investment Consulting Inc. increased its holdings in Monolithic Power Systems by 2,700.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 28 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 27 shares in the last quarter. NewSquare Capital LLC raised its position in Monolithic Power Systems by 76.0% in the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 19 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in shares of Monolithic Power Systems during the third quarter worth about $33,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of Monolithic Power Systems in the second quarter valued at approximately $36,000. Institutional investors own 93.46% of the company’s stock.

Insider Transactions at Monolithic Power Systems

In other news, Director Victor K. Lee sold 600 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $930.86, for a total transaction of $558,516.00. Following the transaction, the director directly owned 27,967 shares of the company’s stock, valued at $26,033,361.62. This represents a 2.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $940.47, for a total transaction of $2,821,410.00. Following the completion of the sale, the chief financial officer directly owned 68,332 shares of the company’s stock, valued at approximately $64,264,196.04. The trade was a 4.21% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 74,088 shares of company stock valued at $67,668,648. 3.40% of the stock is owned by insiders.

Monolithic Power Systems Price Performance

Shares of Monolithic Power Systems stock opened at $983.28 on Wednesday. The stock’s 50-day moving average is $940.33 and its 200 day moving average is $889.55. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,123.38. The firm has a market cap of $47.11 billion, a price-to-earnings ratio of 25.11, a PEG ratio of 2.74 and a beta of 1.45.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.62 by $0.11. The firm had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. Monolithic Power Systems had a return on equity of 18.37% and a net margin of 71.22%.The company’s revenue was up 18.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.06 earnings per share. On average, sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, December 31st. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 15.93%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. KeyCorp boosted their target price on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Stifel Nicolaus increased their price objective on Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, October 17th. Rosenblatt Securities raised their target price on Monolithic Power Systems from $800.00 to $950.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Wells Fargo & Company upped their price target on Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Finally, TD Cowen increased their price target on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Monolithic Power Systems presently has an average rating of “Moderate Buy” and an average target price of $1,074.58.

About Monolithic Power Systems

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.