Robecosam AG increased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 11.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,000 shares of the semiconductor company’s stock after acquiring an additional 10,000 shares during the period. Robecosam AG owned about 0.24% of Monolithic Power Systems worth $10,643,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. American International Group Inc. raised its holdings in Monolithic Power Systems by 3.0% during the third quarter. American International Group Inc. now owns 104,668 shares of the semiconductor company’s stock worth $11,152,000 after acquiring an additional 3,086 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in Monolithic Power Systems during the third quarter worth about $385,000. Pembroke Management LTD raised its holdings in Monolithic Power Systems by 5.6% during the third quarter. Pembroke Management LTD now owns 98,000 shares of the semiconductor company’s stock worth $10,442,000 after acquiring an additional 5,200 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Monolithic Power Systems by 19.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,852 shares of the semiconductor company’s stock worth $943,000 after acquiring an additional 1,442 shares in the last quarter. Finally, Pacer Advisors Inc. raised its holdings in Monolithic Power Systems by 11.6% during the third quarter. Pacer Advisors Inc. now owns 6,254 shares of the semiconductor company’s stock worth $666,000 after acquiring an additional 650 shares in the last quarter. Institutional investors and hedge funds own 92.45% of the company’s stock.

Several analysts recently issued reports on the company. Stifel Nicolaus upped their target price on Monolithic Power Systems from $126.00 to $137.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. BidaskClub lowered Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 2nd. KeyCorp restated a “buy” rating and issued a $115.00 price objective on shares of Monolithic Power Systems in a research note on Friday, September 1st. Zacks Investment Research upgraded Monolithic Power Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th. Finally, Oppenheimer Holdings, Inc. upped their price objective on Monolithic Power Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $129.25.

Shares of Monolithic Power Systems, Inc. (MPWR) opened at $124.36 on Friday. The stock has a market capitalization of $5,163.04, a P/E ratio of 75.37, a price-to-earnings-growth ratio of 3.85 and a beta of 1.28. Monolithic Power Systems, Inc. has a 52 week low of $75.08 and a 52 week high of $126.80.

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

In other news, CEO Michael Hsing sold 19,765 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $123.06, for a total value of $2,432,280.90. Following the transaction, the chief executive officer now owns 1,125,086 shares of the company’s stock, valued at $138,453,083.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James C. Moyer sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $102.25, for a total value of $204,500.00. Following the completion of the transaction, the director now directly owns 776,201 shares in the company, valued at approximately $79,366,552.25. The disclosure for this sale can be found here. Insiders sold 99,994 shares of company stock worth $11,687,704 in the last 90 days. Corporate insiders own 4.00% of the company’s stock.

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About Monolithic Power Systems

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.

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

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