Monolithic Power Systems, Inc. $MPWR Holdings Decreased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. decreased its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 51.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,081 shares of the semiconductor company’s stock after selling 1,165 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Monolithic Power Systems were worth $980,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Covestor Ltd grew its stake in Monolithic Power Systems by 29.0% in the fourth quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 9 shares in the last quarter. Resonant Capital Advisors LLC grew its stake in Monolithic Power Systems by 4.1% in the fourth quarter. Resonant Capital Advisors LLC now owns 253 shares of the semiconductor company’s stock valued at $230,000 after purchasing an additional 10 shares in the last quarter. YANKCOM Partnership grew its stake in Monolithic Power Systems by 6.7% in the fourth quarter. YANKCOM Partnership now owns 176 shares of the semiconductor company’s stock valued at $160,000 after purchasing an additional 11 shares in the last quarter. First National Bank of Hutchinson grew its stake in Monolithic Power Systems by 1.2% in the fourth quarter. First National Bank of Hutchinson now owns 948 shares of the semiconductor company’s stock valued at $859,000 after purchasing an additional 11 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in Monolithic Power Systems by 2.5% in the third quarter. UMB Bank n.a. now owns 492 shares of the semiconductor company’s stock valued at $453,000 after purchasing an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 12,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $1,561.40, for a total value of $18,736,800.00. Following the completion of the sale, the executive vice president owned 166,644 shares of the company’s stock, valued at $260,197,941.60. The trade was a 6.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jeff Zhou sold 486 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $1,680.00, for a total value of $816,480.00. Following the completion of the sale, the director directly owned 3,800 shares of the company’s stock, valued at $6,384,000. This represents a 11.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 105,478 shares of company stock valued at $147,969,440. 3.40% of the stock is owned by corporate insiders.

Monolithic Power Systems Price Performance

Shares of NASDAQ:MPWR opened at $1,633.17 on Friday. Monolithic Power Systems, Inc. has a fifty-two week low of $643.36 and a fifty-two week high of $1,714.09. The business has a 50-day moving average of $1,401.70 and a two-hundred day moving average of $1,158.93. The stock has a market capitalization of $80.24 billion, a P/E ratio of 117.75, a P/E/G ratio of 2.90 and a beta of 1.74.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.90 by $0.20. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The company had revenue of $804.19 million during the quarter, compared to analysts’ expectations of $781.93 million. During the same quarter in the previous year, the firm earned $4.04 earnings per share. The business’s quarterly revenue was up 26.1% compared to the same quarter last year. As a group, research analysts expect that Monolithic Power Systems, Inc. will post 20.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MPWR. Zacks Research downgraded Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. KeyCorp boosted their target price on Monolithic Power Systems from $1,500.00 to $2,000.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. TD Cowen boosted their target price on Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Wells Fargo & Company boosted their target price on Monolithic Power Systems from $1,650.00 to $1,860.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Weiss Ratings upgraded Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,599.17.

Monolithic Power Systems 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.