Monolithic Power Systems, Inc. (NASDAQ:MPWR) CEO Michael Hsing sold 18,817 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $101.94, for a total transaction of $1,918,204.98. Following the completion of the transaction, the chief executive officer now owns 1,144,851 shares of the company’s stock, valued at $116,706,110.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, August 7th, Michael Hsing sold 19,766 shares of Monolithic Power Systems stock. The stock was sold at an average price of $101.96, for a total transaction of $2,015,341.36.

Monolithic Power Systems, Inc. (NASDAQ MPWR) traded down 0.30% during trading on Wednesday, hitting $101.47. 190,865 shares of the stock traded hands. The company’s 50 day moving average price is $100.91 and its 200 day moving average price is $94.81. The company has a market cap of $4.20 billion, a P/E ratio of 71.56 and a beta of 1.23. Monolithic Power Systems, Inc. has a 12 month low of $71.60 and a 12 month high of $107.87.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.01. The business had revenue of $112.20 million during the quarter, compared to analysts’ expectations of $110.94 million. Monolithic Power Systems had a return on equity of 14.10% and a net margin of 14.30%. The business’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. On average, equities research analysts anticipate that Monolithic Power Systems, Inc. will post $2.87 EPS for the current fiscal year.

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A number of equities analysts have commented on the stock. BidaskClub downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 target price (up from $94.00) on shares of Monolithic Power Systems in a report on Thursday, April 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $117.00 target price (up from $110.00) on shares of Monolithic Power Systems in a report on Thursday, July 27th. Oppenheimer Holdings, Inc. set a $120.00 target price on shares of Monolithic Power Systems and gave the stock a “buy” rating in a report on Wednesday, July 26th. Finally, Zacks Investment Research downgraded shares of Monolithic Power Systems from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, eight have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $112.29.

A number of large investors have recently bought and sold shares of the company. Sawtooth Solutions LLC boosted its stake in Monolithic Power Systems by 0.9% in the second quarter. Sawtooth Solutions LLC now owns 2,519 shares of the semiconductor company’s stock valued at $243,000 after buying an additional 23 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Monolithic Power Systems by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 8,054 shares of the semiconductor company’s stock valued at $742,000 after buying an additional 34 shares during the last quarter. First National Bank of Hutchinson boosted its stake in Monolithic Power Systems by 0.8% in the second quarter. First National Bank of Hutchinson now owns 4,744 shares of the semiconductor company’s stock valued at $498,000 after buying an additional 36 shares during the last quarter. Miles Capital Inc. boosted its stake in Monolithic Power Systems by 1.7% in the first quarter. Miles Capital Inc. now owns 2,704 shares of the semiconductor company’s stock valued at $249,000 after buying an additional 45 shares during the last quarter. Finally, Hanseatic Management Services Inc. boosted its stake in Monolithic Power Systems by 1.2% in the second quarter. Hanseatic Management Services Inc. now owns 3,740 shares of the semiconductor company’s stock valued at $361,000 after buying an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 93.36% of the company’s stock.

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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