4D Advisors LLC Invests $5.03 Million in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

4D Advisors LLC acquired a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,500 shares of the semiconductor company's stock, valued at approximately $5,029,000. Monolithic Power Systems comprises about 3.5% of 4D Advisors LLC's holdings, making the stock its 10th largest holding.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Monolithic Power Systems by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 5,824,274 shares of the semiconductor company's stock worth $3,446,223,000 after acquiring an additional 74,046 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Monolithic Power Systems by 16.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,528,301 shares of the semiconductor company's stock worth $904,297,000 after purchasing an additional 214,395 shares during the last quarter. Geode Capital Management LLC increased its stake in Monolithic Power Systems by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 1,365,459 shares of the semiconductor company's stock valued at $807,158,000 after purchasing an additional 31,295 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Monolithic Power Systems by 7.5% during the fourth quarter. Invesco Ltd. now owns 1,162,482 shares of the semiconductor company's stock worth $687,841,000 after buying an additional 81,412 shares during the period. Finally, Norges Bank purchased a new stake in shares of Monolithic Power Systems during the fourth quarter valued at $493,807,000. Institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Rosenblatt Securities reiterated a "neutral" rating and issued a $644.00 price target on shares of Monolithic Power Systems in a report on Friday. KeyCorp lowered their price target on shares of Monolithic Power Systems from $850.00 to $820.00 and set an "overweight" rating on the stock in a report on Friday. TD Cowen lifted their price objective on Monolithic Power Systems from $600.00 to $675.00 and gave the company a "buy" rating in a research note on Friday. Needham & Company LLC restated a "buy" rating and issued a $800.00 target price on shares of Monolithic Power Systems in a research note on Friday. Finally, Raymond James reiterated an "outperform" rating and set a $720.00 price target (down from $925.00) on shares of Monolithic Power Systems in a research report on Friday. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $779.83.

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 7,000 shares of the business's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $701.98, for a total value of $4,913,860.00. Following the completion of the transaction, the executive vice president now owns 16,015 shares in the company, valued at $11,242,209.70. The trade was a 30.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 3.70% of the company's stock.

Monolithic Power Systems Price Performance

Shares of MPWR stock traded down $9.49 during trading hours on Monday, hitting $627.40. The company had a trading volume of 628,950 shares, compared to its average volume of 779,719. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $959.64. The company's fifty day moving average is $570.60 and its 200 day moving average is $628.90. The stock has a market capitalization of $30.04 billion, a PE ratio of 17.06, a price-to-earnings-growth ratio of 2.60 and a beta of 1.18.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The semiconductor company reported $4.04 earnings per share for the quarter, beating analysts' consensus estimates of $4.00 by $0.04. Monolithic Power Systems had a return on equity of 20.36% and a net margin of 80.95%. The business had revenue of $637.55 million during the quarter, compared to analysts' expectations of $633.43 million. During the same period in the previous year, the firm posted $2.81 earnings per share. The company's revenue was up 39.2% on a year-over-year basis. Equities analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $1.56 dividend. This is a positive change from Monolithic Power Systems's previous quarterly dividend of $1.25. The ex-dividend date was Monday, March 31st. This represents a $6.24 annualized dividend and a dividend yield of 0.99%. Monolithic Power Systems's dividend payout ratio (DPR) is presently 16.56%.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.