Monolithic Power Systems, Inc. $MPWR Shares Purchased by Krilogy Financial LLC

Krilogy Financial LLC grew its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 215.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,023 shares of the semiconductor company’s stock after buying an additional 699 shares during the period. Krilogy Financial LLC’s holdings in Monolithic Power Systems were worth $1,118,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Total Clarity Wealth Management Inc. raised its holdings in shares of Monolithic Power Systems by 11.6% in the first quarter. Total Clarity Wealth Management Inc. now owns 471 shares of the semiconductor company’s stock worth $515,000 after acquiring an additional 49 shares during the last quarter. Signal Advisors Wealth LLC acquired a new stake in shares of Monolithic Power Systems during the first quarter valued at $207,000. Bell Investment Advisors Inc increased its position in Monolithic Power Systems by 23.7% during the 1st quarter. Bell Investment Advisors Inc now owns 47 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 9 shares in the last quarter. Outlook Wealth Advisors LLC increased its position in Monolithic Power Systems by 5.0% during the 1st quarter. Outlook Wealth Advisors LLC now owns 461 shares of the semiconductor company’s stock worth $504,000 after purchasing an additional 22 shares in the last quarter. Finally, Generate Investment Management Ltd increased its position in Monolithic Power Systems by 3.0% during the 1st quarter. Generate Investment Management Ltd now owns 10,640 shares of the semiconductor company’s stock worth $11,633,000 after purchasing an additional 309 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Monolithic Power Systems Trading Up 0.2%

NASDAQ MPWR opened at $1,438.30 on Friday. The business’s 50-day moving average price is $1,554.51 and its 200 day moving average price is $1,246.33. Monolithic Power Systems, Inc. has a twelve month low of $686.87 and a twelve month high of $1,714.09. The company has a market capitalization of $70.66 billion, a PE ratio of 103.70, a price-to-earnings-growth ratio of 2.57 and a beta of 1.69.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.90 by $0.20. The firm had revenue of $804.19 million for the quarter, compared to analyst estimates of $781.93 million. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The firm’s quarterly revenue was up 26.1% on a year-over-year basis. During the same period last year, the company earned $4.04 EPS. Equities analysts predict that Monolithic Power Systems, Inc. will post 20.13 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $2.00 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $8.00 annualized dividend and a dividend yield of 0.6%. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 57.68%.

Analysts Set New Price Targets

MPWR has been the topic of a number of recent research reports. KeyCorp upped their target price on shares of Monolithic Power Systems from $1,500.00 to $2,000.00 and gave the company an “overweight” rating in a report on Friday, May 1st. TD Cowen lifted their price target on shares of Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Rosenblatt Securities boosted their price objective on shares of Monolithic Power Systems from $1,000.00 to $1,575.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Stifel Nicolaus boosted their price objective on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Finally, Wells Fargo & Company upped their price objective on shares of 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. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,599.17.

Insiders Place Their Bets

In other Monolithic Power Systems news, Director Jeff Zhou sold 486 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $1,680.00, for a total transaction of $816,480.00. Following the transaction, the director owned 3,800 shares of the company’s stock, valued at $6,384,000. This trade represents a 11.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deming Xiao sold 30,000 shares of Monolithic Power Systems stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $1,654.55, for a total transaction of $49,636,500.00. Following the completion of the transaction, the executive vice president owned 205,959 shares in the company, valued at approximately $340,769,463.45. This trade represents a 12.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 113,043 shares of company stock valued at $160,843,106. 3.60% of the stock is currently owned by corporate insiders.

About Monolithic Power Systems

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.