400 Shares in Monolithic Power Systems, Inc. (NASDAQ:MPWR) Purchased by Livforsakringsbolaget Skandia Omsesidigt


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Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 400 shares of the semiconductor company’s stock, valued at approximately $146,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Amalgamated Bank increased its position in Monolithic Power Systems by 0.4% during the fourth quarter. Amalgamated Bank now owns 9,176 shares of the semiconductor company’s stock worth $3,361,000 after purchasing an additional 36 shares during the last quarter. Captrust Financial Advisors increased its position in Monolithic Power Systems by 1.0% during the third quarter. Captrust Financial Advisors now owns 3,962 shares of the semiconductor company’s stock worth $1,111,000 after purchasing an additional 40 shares during the last quarter. PFG Advisors boosted its stake in Monolithic Power Systems by 3.2% during the fourth quarter. PFG Advisors now owns 1,460 shares of the semiconductor company’s stock worth $535,000 after buying an additional 45 shares during the period. Park Avenue Securities LLC boosted its stake in Monolithic Power Systems by 3.3% during the fourth quarter. Park Avenue Securities LLC now owns 1,495 shares of the semiconductor company’s stock worth $548,000 after buying an additional 48 shares during the period. Finally, IFP Advisors Inc boosted its stake in Monolithic Power Systems by 65.4% during the fourth quarter. IFP Advisors Inc now owns 129 shares of the semiconductor company’s stock worth $47,000 after buying an additional 51 shares during the period. Hedge funds and other institutional investors own 93.33% of the company’s stock.

NASDAQ MPWR opened at $373.12 on Thursday. Monolithic Power Systems, Inc. has a one year low of $164.25 and a one year high of $406.75. The firm has a 50 day simple moving average of $354.52 and a 200-day simple moving average of $339.64. The firm has a market cap of $17.02 billion, a price-to-earnings ratio of 113.41, a PEG ratio of 4.04 and a beta of 0.93.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, February 4th. The semiconductor company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.51. Monolithic Power Systems had a net margin of 19.78% and a return on equity of 17.95%. The company had revenue of $233.04 million during the quarter, compared to the consensus estimate of $225.78 million. As a group, analysts forecast that Monolithic Power Systems, Inc. will post 3.32 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 15th. Investors of record on Wednesday, March 31st will be paid a $0.60 dividend. The ex-dividend date is Tuesday, March 30th. This represents a $2.40 dividend on an annualized basis and a yield of 0.64%. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $0.50. Monolithic Power Systems’s payout ratio is currently 94.86%.

In related news, VP Saria Tseng sold 21,730 shares of Monolithic Power Systems stock in a transaction that occurred on Thursday, January 14th. The shares were sold at an average price of $389.37, for a total value of $8,461,010.10. Following the completion of the transaction, the vice president now owns 239,762 shares in the company, valued at $93,356,129.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Deming Xiao sold 4,305 shares of Monolithic Power Systems stock in a transaction that occurred on Thursday, April 1st. The stock was sold at an average price of $364.78, for a total transaction of $1,570,377.90. Following the completion of the transaction, the insider now owns 324,542 shares of the company’s stock, valued at approximately $118,386,430.76. The disclosure for this sale can be found here. Insiders sold 267,498 shares of company stock valued at $97,655,190 in the last quarter. 3.00% of the stock is owned by insiders.

Several brokerages have weighed in on MPWR. Rosenblatt Securities increased their target price on shares of Monolithic Power Systems from $430.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, February 5th. Summit Insights raised shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research note on Friday, February 5th. Zacks Investment Research lowered shares of Monolithic Power Systems from a “hold” rating to a “sell” rating and set a $359.00 target price for the company. in a research note on Friday, December 18th. Needham & Company LLC reaffirmed a “buy” rating and set a $415.00 target price on shares of Monolithic Power Systems in a research note on Tuesday, March 23rd. Finally, Raymond James increased their target price on shares of Monolithic Power Systems from $336.00 to $420.00 and gave the stock an “outperform” rating in a research note on Friday, February 5th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $369.00.

About Monolithic Power Systems

Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, automotive, industrial, communications, and consumer applications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment.

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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