Monolithic Power Systems, Inc. (NASDAQ:MPWR) CEO Michael Hsing sold 17,634 shares of the stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $141.05, for a total value of $2,487,275.70. Following the completion of the sale, the chief executive officer now directly owns 1,115,369 shares of the company’s stock, valued at $157,322,797.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Michael Hsing also recently made the following trade(s):

  • On Friday, August 3rd, Michael Hsing sold 9,943 shares of Monolithic Power Systems stock. The shares were sold at an average price of $135.45, for a total value of $1,346,779.35.
  • On Monday, August 6th, Michael Hsing sold 15,572 shares of Monolithic Power Systems stock. The shares were sold at an average price of $135.65, for a total value of $2,112,341.80.
  • On Monday, July 2nd, Michael Hsing sold 20,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $132.97, for a total value of $2,659,400.00.
  • On Friday, June 1st, Michael Hsing sold 20,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $133.05, for a total value of $2,661,000.00.

Monolithic Power Systems stock opened at $140.72 on Friday. Monolithic Power Systems, Inc. has a 12 month low of $95.50 and a 12 month high of $142.91. The company has a market cap of $5.90 billion, a PE ratio of 76.06, a P/E/G ratio of 2.27 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Wednesday, July 25th. The semiconductor company reported $0.90 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.90. Monolithic Power Systems had a return on equity of 17.84% and a net margin of 15.51%. The business had revenue of $139.76 million during the quarter, compared to analysts’ expectations of $139.45 million. During the same quarter in the prior year, the business earned $0.68 earnings per share. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. research analysts forecast that Monolithic Power Systems, Inc. will post 2.45 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Grandeur Peak Global Advisors LLC purchased a new stake in shares of Monolithic Power Systems during the second quarter worth approximately $141,000. Engineers Gate Manager LP purchased a new stake in shares of Monolithic Power Systems during the second quarter worth approximately $201,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Monolithic Power Systems during the first quarter worth approximately $206,000. Eagle Boston Investment Management Inc. purchased a new stake in shares of Monolithic Power Systems during the second quarter worth approximately $216,000. Finally, Signition LP purchased a new stake in shares of Monolithic Power Systems during the second quarter worth approximately $222,000. Institutional investors and hedge funds own 92.32% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus increased their price objective on Monolithic Power Systems from $147.00 to $155.00 and gave the company a “$141.80” rating in a report on Thursday, July 19th. Needham & Company LLC increased their price objective on Monolithic Power Systems from $150.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, July 26th. Oppenheimer increased their price objective on Monolithic Power Systems from $130.00 to $150.00 and gave the company an “outperform” rating in a report on Monday, June 11th. Deutsche Bank increased their price objective on Monolithic Power Systems from $130.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, June 5th. Finally, Cowen increased their price objective on Monolithic Power Systems from $150.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, June 8th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $146.67.

Monolithic Power Systems Company Profile

Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications 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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Insider Buying and Selling by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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