Natixis Advisors LLC Has $120.84 Million Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Natixis Advisors LLC decreased its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 1.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 131,259 shares of the semiconductor company’s stock after selling 1,330 shares during the period. Natixis Advisors LLC owned about 0.27% of Monolithic Power Systems worth $120,843,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Monolithic Power Systems in the second quarter valued at approximately $438,014,000. JPMorgan Chase & Co. boosted its holdings in Monolithic Power Systems by 36.1% during the second quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company’s stock worth $626,592,000 after purchasing an additional 227,159 shares during the last quarter. Rakuten Investment Management Inc. bought a new position in Monolithic Power Systems in the third quarter valued at $197,260,000. First Trust Advisors LP grew its position in Monolithic Power Systems by 66.4% in the third quarter. First Trust Advisors LP now owns 447,801 shares of the semiconductor company’s stock valued at $412,263,000 after purchasing an additional 178,622 shares in the last quarter. Finally, Rafferty Asset Management LLC increased its stake in Monolithic Power Systems by 36.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 529,124 shares of the semiconductor company’s stock valued at $386,991,000 after buying an additional 140,269 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on MPWR shares. Stifel Nicolaus boosted their price target on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Wells Fargo & Company raised their price objective on Monolithic Power Systems from $1,200.00 to $1,350.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Truist Financial lifted their target price on Monolithic Power Systems from $1,375.00 to $1,396.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Citigroup upped their target price on Monolithic Power Systems from $1,250.00 to $1,350.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Finally, Zacks Research raised Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,218.42.

Monolithic Power Systems Trading Down 5.1%

MPWR opened at $1,023.16 on Monday. The stock’s fifty day simple moving average is $1,087.09 and its 200 day simple moving average is $987.16. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $1,256.22. The stock has a market cap of $50.26 billion, a PE ratio of 80.31, a price-to-earnings-growth ratio of 2.59 and a beta of 1.45.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $4.79 EPS for the quarter, topping analysts’ consensus estimates of $4.74 by $0.05. Monolithic Power Systems had a net margin of 22.07% and a return on equity of 18.33%. The firm had revenue of $751.16 million during the quarter, compared to analysts’ expectations of $741.69 million. During the same period in the previous year, the business posted $4.09 earnings per share. The company’s revenue for the quarter was up 20.8% compared to the same quarter last year. Equities analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Monolithic Power Systems’s previous quarterly dividend of $1.56. Monolithic Power Systems’s payout ratio is presently 48.98%.

Insiders Place Their Bets

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 22,875 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $1,171.16, for a total value of $26,790,285.00. Following the transaction, the executive vice president directly owned 178,625 shares of the company’s stock, valued at $209,198,455. This represents a 11.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Victor K. Lee sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $951.72, for a total transaction of $951,720.00. Following the sale, the director owned 28,567 shares of the company’s stock, valued at $27,187,785.24. This trade represents a 3.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 98,550 shares of company stock worth $114,256,090 in the last 90 days. Corporate insiders own 3.40% of the company’s stock.

Monolithic Power Systems Company Profile

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.