Monolithic Power Systems, Inc. (NASDAQ:MPWR) Director James C. Moyer sold 10,000 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $123.76, for a total value of $1,237,600.00. Following the completion of the sale, the director now owns 735,225 shares in the company, valued at $90,991,446. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Monolithic Power Systems, Inc. (MPWR) opened at $125.54 on Friday. The company has a market capitalization of $5,163.04, a P/E ratio of 75.37, a PEG ratio of 3.85 and a beta of 1.28. Monolithic Power Systems, Inc. has a 52 week low of $75.08 and a 52 week high of $126.80.
Monolithic Power Systems (NASDAQ:MPWR) last released its earnings results on Thursday, October 26th. The semiconductor company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.02. The firm had revenue of $128.90 million for the quarter, compared to analysts’ expectations of $126.11 million. Monolithic Power Systems had a return on equity of 15.40% and a net margin of 15.66%. The company’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. equities analysts predict that Monolithic Power Systems, Inc. will post 1.8 earnings per share for the current fiscal year.
A number of equities research analysts recently commented on the company. BidaskClub downgraded Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Zacks Investment Research upgraded Monolithic Power Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Stifel Nicolaus boosted their target price on Monolithic Power Systems from $117.00 to $126.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. SunTrust Banks, Inc. assumed 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. Finally, KeyCorp reiterated a “buy” rating and issued a $125.00 target price on shares of Monolithic Power Systems in a research report on Friday, October 27th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $129.25.
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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.
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