DSG Capital Advisors LLC Has $1.82 Million Stock Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

DSG Capital Advisors LLC reduced its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 18.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,130 shares of the semiconductor company's stock after selling 723 shares during the period. DSG Capital Advisors LLC's holdings in Monolithic Power Systems were worth $1,815,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MPWR. OFI Invest Asset Management acquired a new stake in shares of Monolithic Power Systems in the 4th quarter valued at about $27,000. Fourth Dimension Wealth LLC bought a new position in Monolithic Power Systems in the fourth quarter worth approximately $29,000. Itau Unibanco Holding S.A. grew its stake in 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. AlphaQuest LLC bought a new stake in shares of Monolithic Power Systems during the fourth quarter valued at approximately $41,000. Finally, Global Financial Private Client LLC increased its holdings in shares of Monolithic Power Systems by 265.0% during the first quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock valued at $42,000 after acquiring an additional 53 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Monolithic Power Systems Price Performance

MPWR opened at $731.38 on Tuesday. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $959.64. The firm has a market capitalization of $35.02 billion, a P/E ratio of 19.42, a PEG ratio of 2.92 and a beta of 1.19. The company's 50-day moving average is $670.78 and its 200 day moving average is $629.69.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The semiconductor company reported $4.04 EPS for the quarter, beating the consensus estimate of $4.00 by $0.04. Monolithic Power Systems had a net margin of 76.59% and a return on equity of 19.80%. The firm had revenue of $637.55 million during the quarter, compared to analyst estimates of $633.43 million. During the same quarter last year, the business posted $2.81 EPS. The company's revenue for the quarter was up 39.2% on a year-over-year basis. On average, equities research analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Monday, June 30th. Monolithic Power Systems's dividend payout ratio is presently 16.56%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on MPWR shares. Rosenblatt Securities reiterated a "neutral" rating and issued a $644.00 target price on shares of Monolithic Power Systems in a report on Friday, May 2nd. Needham & Company LLC restated a "buy" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a report on Friday, May 2nd. Raymond James Financial reiterated an "outperform" rating and set a $720.00 price objective (down from $925.00) on shares of Monolithic Power Systems in a report on Friday, May 2nd. Wells Fargo & Company boosted their target price on shares of Monolithic Power Systems from $665.00 to $695.00 and gave the stock an "equal weight" rating in a research report on Monday, June 16th. Finally, Stifel Nicolaus lowered their target price on shares of Monolithic Power Systems from $1,100.00 to $880.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and a consensus target price of $789.42.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 12,000 shares of Monolithic Power Systems stock in a transaction dated 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 sale, the executive vice president owned 4,015 shares of the company's stock, valued at approximately $2,814,515. The trade was a 74.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Kuo Wei Herbert Chang sold 100 shares of the business's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $698.00, for a total transaction of $69,800.00. Following the completion of the transaction, the director owned 676 shares in the company, valued at approximately $471,848. The trade was a 12.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,200 shares of company stock valued at $8,546,800. Insiders own 3.40% of the company's stock.

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.

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