KAMES CAPITAL plc grew its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 8.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 60,675 shares of the semiconductor company’s stock after acquiring an additional 4,709 shares during the quarter. KAMES CAPITAL plc’s holdings in Monolithic Power Systems were worth $6,819,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in MPWR. Schwab Charles Investment Management Inc. grew its holdings in shares of Monolithic Power Systems by 10.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 172,874 shares of the semiconductor company’s stock worth $16,666,000 after buying an additional 16,724 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Monolithic Power Systems by 26.8% during the second quarter. Legal & General Group Plc now owns 31,249 shares of the semiconductor company’s stock worth $3,014,000 after buying an additional 6,596 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Monolithic Power Systems by 4.4% during the second quarter. Principal Financial Group Inc. now owns 160,739 shares of the semiconductor company’s stock worth $15,496,000 after buying an additional 6,774 shares in the last quarter. Swiss National Bank grew its holdings in shares of Monolithic Power Systems by 1.3% during the second quarter. Swiss National Bank now owns 64,600 shares of the semiconductor company’s stock worth $6,227,000 after buying an additional 800 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. grew its holdings in shares of Monolithic Power Systems by 4.4% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 2,392 shares of the semiconductor company’s stock worth $231,000 after buying an additional 100 shares in the last quarter. Institutional investors own 93.85% of the company’s stock.

In related news, Director James C. Moyer sold 15,000 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $113.70, for a total transaction of $1,705,500.00. Following the completion of the transaction, the director now directly owns 720,225 shares of the company’s stock, valued at $81,889,582.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Theodore Blegen sold 462 shares of the stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $120.68, for a total value of $55,754.16. Following the transaction, the chief financial officer now directly owns 41,160 shares of the company’s stock, valued at $4,967,188.80. The disclosure for this sale can be found here. Insiders have sold 82,994 shares of company stock valued at $10,010,168 over the last three months. Insiders own 4.00% of the company’s stock.

A number of research analysts recently issued reports on MPWR shares. Zacks Investment Research upgraded Monolithic Power Systems from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Stifel Nicolaus reiterated a “buy” rating and set a $117.00 price objective on shares of Monolithic Power Systems in a report on Wednesday, October 4th. SunTrust Banks started coverage on Monolithic Power Systems in a report on Tuesday, October 10th. They set a “buy” rating and a $132.00 price objective for the company. Deutsche Bank increased their price objective on Monolithic Power Systems from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. Finally, KeyCorp reiterated a “buy” rating and set a $125.00 price objective on shares of Monolithic Power Systems in a report on Friday, October 27th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Monolithic Power Systems has a consensus rating of “Buy” and an average target price of $129.25.

Monolithic Power Systems, Inc. (MPWR) opened at $122.89 on Friday. Monolithic Power Systems, Inc. has a 52-week low of $84.45 and a 52-week high of $126.80. The company has a market capitalization of $5,053.44, a P/E ratio of 73.77, a P/E/G ratio of 2.63 and a beta of 1.26.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.82 by $0.02. Monolithic Power Systems had a return on equity of 15.40% and a net margin of 15.66%. The firm had revenue of $128.90 million during the quarter, compared to analysts’ expectations of $126.11 million. During the same period in the prior year, the firm posted $0.66 earnings per share. The business’s quarterly revenue was up 21.0% compared to the same quarter last year. equities research analysts anticipate that Monolithic Power Systems, Inc. will post 1.8 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.80 annualized dividend and a yield of 0.65%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 49.69%.

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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.

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

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