Stevens Capital Management LP acquired a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,316 shares of the semiconductor company’s stock, valued at approximately $1,312,000.

Other large investors have also recently made changes to their positions in the company. AGF Investments America Inc. increased its position in shares of Monolithic Power Systems by 23.9% in the 2nd quarter. AGF Investments America Inc. now owns 53,083 shares of the semiconductor company’s stock valued at $5,117,000 after purchasing an additional 10,229 shares during the last quarter. AGF Investments Inc. grew its position in shares of Monolithic Power Systems by 28.9% in the 2nd quarter. AGF Investments Inc. now owns 9,572 shares of the semiconductor company’s stock valued at $923,000 after buying an additional 2,146 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Monolithic Power Systems by 166.3% in the 2nd quarter. Franklin Resources Inc. now owns 799,631 shares of the semiconductor company’s stock valued at $77,086,000 after buying an additional 499,387 shares during the last quarter. Pembroke Management LTD purchased a new position in shares of Monolithic Power Systems in the 2nd quarter valued at $8,945,000. Finally, Goldman Sachs Group Inc. grew its position in shares of Monolithic Power Systems by 259.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 376,246 shares of the semiconductor company’s stock valued at $36,270,000 after buying an additional 271,527 shares during the last quarter. 92.85% of the stock is currently owned by institutional investors.

A number of research analysts recently commented on MPWR shares. Oppenheimer Holdings, Inc. increased their target price on shares of Monolithic Power Systems from $100.00 to $110.00 in a research report on Monday, July 24th. Needham & Company LLC reaffirmed a “buy” rating and issued a $140.00 target price (up from $100.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $117.00 target price (up from $110.00) on shares of Monolithic Power Systems in a research report on Thursday, July 27th. BidaskClub downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Finally, KeyCorp reaffirmed a “buy” rating and issued a $115.00 target price on shares of Monolithic Power Systems in a research report on Friday, September 1st. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Monolithic Power Systems currently has a consensus rating of “Buy” and a consensus price target of $126.00.

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In other Monolithic Power Systems news, VP Saria Tseng sold 4,996 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $96.50, for a total transaction of $482,114.00. Following the transaction, the vice president now directly owns 282,327 shares of the company’s stock, valued at approximately $27,244,555.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael Hsing sold 19,765 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $123.06, for a total transaction of $2,432,280.90. Following the transaction, the chief executive officer now directly owns 1,125,086 shares in the company, valued at $138,453,083.16. The disclosure for this sale can be found here. Insiders have sold a total of 71,174 shares of company stock worth $8,048,945 over the last three months. 4.00% of the stock is currently owned by insiders.

Monolithic Power Systems, Inc. (MPWR) opened at $120.88 on Tuesday. Monolithic Power Systems, Inc. has a 52-week low of $75.08 and a 52-week high of $125.75. The stock has a market cap of $5,056.76, a price-to-earnings ratio of 73.82, a price-to-earnings-growth ratio of 3.77 and a beta of 1.28.

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

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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