Sapient Capital LLC Reduces Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Sapient Capital LLC lowered its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,974 shares of the semiconductor company’s stock after selling 396 shares during the period. Sapient Capital LLC’s holdings in Monolithic Power Systems were worth $30,420,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Merit Financial Group LLC grew its holdings in shares of Monolithic Power Systems by 183.9% during the 4th quarter. Merit Financial Group LLC now owns 2,757 shares of the semiconductor company’s stock worth $2,499,000 after acquiring an additional 1,786 shares during the period. Fideuram Asset Management Ireland dac purchased a new position in shares of Monolithic Power Systems in the 4th quarter valued at approximately $3,983,000. Mirabaud Asset Management Ltd purchased a new position in shares of Monolithic Power Systems in the 4th quarter valued at approximately $4,424,000. Greenup Street Wealth Management LLC lifted its stake in shares of Monolithic Power Systems by 92.5% in the 4th quarter. Greenup Street Wealth Management LLC now owns 4,769 shares of the semiconductor company’s stock valued at $4,323,000 after purchasing an additional 2,292 shares during the period. Finally, B. Metzler seel. Sohn & Co. AG boosted its position in shares of Monolithic Power Systems by 45.9% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 2,448 shares of the semiconductor company’s stock valued at $2,219,000 after purchasing an additional 770 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

MPWR has been the topic of several recent research reports. Oppenheimer set a $1,700.00 price target on Monolithic Power Systems in a research note on Friday, May 1st. Truist Financial raised their price objective on Monolithic Power Systems from $1,805.00 to $1,889.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Raymond James Financial restated an “outperform” rating and set a $1,800.00 target price on shares of Monolithic Power Systems in a report on Friday, May 1st. Wells Fargo & Company upped their target price on shares of Monolithic Power Systems from $1,700.00 to $1,800.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Stifel Nicolaus increased their price target on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,705.82.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Saria Tseng sold 7,565 shares of Monolithic Power Systems stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $1,700.00, for a total value of $12,860,500.00. Following the completion of the transaction, the executive vice president directly owned 144,218 shares of the company’s stock, valued at approximately $245,170,600. The trade was a 4.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Maurice Sciammas sold 30 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $1,343.94, for a total transaction of $40,318.20. Following the completion of the transaction, the executive vice president owned 1,119 shares in the company, valued at approximately $1,503,868.86. This represents a 2.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 25,141 shares of company stock worth $40,472,815. 3.60% of the stock is owned by corporate insiders.

Monolithic Power Systems Stock Performance

Shares of NASDAQ:MPWR opened at $1,401.54 on Monday. The stock has a fifty day simple moving average of $1,414.84 and a two-hundred day simple moving average of $1,328.99. Monolithic Power Systems, Inc. has a 12-month low of $794.50 and a 12-month high of $1,714.09. The stock has a market capitalization of $68.87 billion, a price-to-earnings ratio of 85.93 and a beta of 1.69.

Monolithic Power Systems (NASDAQ:MPWR) last released its earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, topping analysts’ consensus estimates of $5.87 by $0.63. Monolithic Power Systems had a return on equity of 22.31% and a net margin of 24.41%.The firm had revenue of $980.64 million for the quarter, compared to analysts’ expectations of $903.30 million. During the same period in the prior year, the firm posted $4.21 earnings per share. The company’s quarterly revenue was up 47.6% on a year-over-year basis. As a group, equities research analysts predict that Monolithic Power Systems, Inc. will post 23.35 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, June 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 49.05%.

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.