Deutsche Bank AG Acquires 32,507 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Deutsche Bank AG boosted its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 25.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,038 shares of the semiconductor company's stock after purchasing an additional 32,507 shares during the quarter. Deutsche Bank AG owned about 0.33% of Monolithic Power Systems worth $94,103,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Tradewinds Capital Management LLC boosted its position in shares of Monolithic Power Systems by 120.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 24 shares during the period. OFI Invest Asset Management bought a new stake in shares of Monolithic Power Systems in the fourth quarter valued at about $27,000. Itau Unibanco Holding S.A. boosted its position in shares of Monolithic Power Systems by 637.5% in the fourth quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock valued at $35,000 after acquiring an additional 51 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of Monolithic Power Systems in the fourth quarter valued at about $39,000. Finally, AlphaQuest LLC bought a new stake in shares of Monolithic Power Systems in the fourth quarter valued at about $41,000. 93.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Kuo Wei Herbert Chang sold 100 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $650.00, for a total value of $65,000.00. Following the completion of the sale, the director now owns 776 shares in the company, valued at $504,400. The trade was a 11.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Maurice Sciammas sold 12,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $701.00, for a total value of $8,412,000.00. Following the completion of the sale, the executive vice president now owns 4,015 shares of the company's stock, valued at $2,814,515. The trade was a 74.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,200 shares of company stock worth $8,546,800 in the last quarter. 3.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MPWR. Loop Capital upped their price objective on shares of Monolithic Power Systems from $660.00 to $760.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Oppenheimer reaffirmed an "outperform" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, March 21st. Rosenblatt Securities reaffirmed a "neutral" rating and set a $644.00 price objective on shares of Monolithic Power Systems in a research report on Friday, May 2nd. KeyCorp cut their price objective on shares of Monolithic Power Systems from $850.00 to $820.00 and set an "overweight" rating for the company in a research report on Friday, May 2nd. Finally, TD Cowen upped their price objective on shares of Monolithic Power Systems from $600.00 to $675.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $779.83.

Monolithic Power Systems Stock Down 3.3%

MPWR traded down $23.96 during trading hours on Thursday, hitting $710.32. The stock had a trading volume of 981,392 shares, compared to its average volume of 790,905. The company's fifty day simple moving average is $580.88 and its 200 day simple moving average is $620.13. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $959.64. The stock has a market cap of $34.01 billion, a PE ratio of 19.32, 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 earnings results on Thursday, May 1st. The semiconductor company reported $4.04 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $633.43 million. During the same quarter last year, the company earned $2.81 EPS. The firm's revenue was up 39.2% compared to the same quarter last year. As a group, equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

About Monolithic Power Systems

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.