Monolithic Power Systems, Inc. (MPWR) Director Sells $1,237,600.00 in Stock

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.

Several institutional investors and hedge funds have recently added to or reduced their stakes in MPWR. Quantbot Technologies LP bought a new position in Monolithic Power Systems in the second quarter worth approximately $121,000. D.A. Davidson & CO. grew its stake in Monolithic Power Systems by 13.2% in the second quarter. D.A. Davidson & CO. now owns 1,473 shares of the semiconductor company’s stock worth $141,000 after purchasing an additional 172 shares in the last quarter. Fortaleza Asset Management Inc. grew its stake in Monolithic Power Systems by 50.2% in the second quarter. Fortaleza Asset Management Inc. now owns 1,915 shares of the semiconductor company’s stock worth $185,000 after purchasing an additional 640 shares in the last quarter. FDx Advisors Inc. bought a new position in Monolithic Power Systems in the third quarter worth approximately $221,000. Finally, Riverhead Capital Management LLC grew its stake in Monolithic Power Systems by 74.8% in the second quarter. Riverhead Capital Management LLC now owns 2,097 shares of the semiconductor company’s stock worth $202,000 after purchasing an additional 897 shares in the last quarter. 92.45% of the stock is currently owned by hedge funds and other institutional investors.

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.

Insider Buying and Selling by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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