Monolithic Power Systems, Inc. $MPWR Shares Sold by Marshall Financial Group LLC

Marshall Financial Group LLC cut its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 74.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 494 shares of the semiconductor company’s stock after selling 1,470 shares during the quarter. Marshall Financial Group LLC’s holdings in Monolithic Power Systems were worth $448,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its position in Monolithic Power Systems by 46.0% during the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock worth $376,000 after acquiring an additional 200 shares during the last quarter. Empowered Funds LLC raised its holdings in Monolithic Power Systems by 3.1% in the 1st quarter. Empowered Funds LLC now owns 5,325 shares of the semiconductor company’s stock valued at $3,088,000 after acquiring an additional 161 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Monolithic Power Systems by 21.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 164 shares of the semiconductor company’s stock worth $122,000 after purchasing an additional 29 shares during the period. Personal CFO Solutions LLC purchased a new position in shares of Monolithic Power Systems during the 2nd quarter worth $220,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Monolithic Power Systems by 36.1% during the second quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company’s stock worth $626,592,000 after purchasing an additional 227,159 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Monolithic Power Systems Trading Up 0.7%

Shares of MPWR opened at $1,076.35 on Tuesday. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $1,256.22. The firm has a market capitalization of $52.87 billion, a P/E ratio of 84.49, a price-to-earnings-growth ratio of 2.71 and a beta of 1.45. The stock’s fifty day simple moving average is $1,113.58 and its 200 day simple moving average is $1,004.65.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $4.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.74 by $0.05. The firm had revenue of $751.16 million during the quarter, compared to the consensus estimate of $741.69 million. Monolithic Power Systems had a return on equity of 18.33% and a net margin of 22.07%.The firm’s quarterly revenue was up 20.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.09 earnings per share. Sell-side analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, March 31st. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $1.56. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 62.79%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on MPWR shares. William Blair reaffirmed an “outperform” rating on shares of Monolithic Power Systems in a research report on Thursday, March 5th. Oppenheimer reissued an “outperform” rating and issued a $1,300.00 price target on shares of Monolithic Power Systems in a research note on Thursday, January 29th. Needham & Company LLC lifted their price target on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company a “buy” rating in a report on Friday, February 6th. Weiss Ratings downgraded shares of Monolithic Power Systems from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, March 2nd. Finally, Zacks Research upgraded shares of Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,218.42.

Insider Buying and Selling at Monolithic Power Systems

In related news, EVP Deming Xiao sold 22,875 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $1,171.16, for a total transaction of $26,790,285.00. Following the completion of the sale, the executive vice president owned 235,932 shares of the company’s stock, valued at approximately $276,314,121.12. This represents a 8.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Victor K. Lee sold 400 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $1,212.16, for a total transaction of $484,864.00. Following the completion of the transaction, the director owned 27,756 shares in the company, valued at $33,644,712.96. The trade was a 1.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 98,550 shares of company stock worth $114,256,090. Company insiders own 3.40% of the company’s stock.

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.