DSG Capital Advisors LLC Makes New Investment in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

DSG Capital Advisors LLC acquired a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,853 shares of the semiconductor company's stock, valued at approximately $2,280,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. ICICI Prudential Asset Management Co Ltd bought a new stake in Monolithic Power Systems during the 4th quarter worth about $3,182,000. Vantage Investment Partners LLC increased its position in shares of Monolithic Power Systems by 4.5% in the fourth quarter. Vantage Investment Partners LLC now owns 34,722 shares of the semiconductor company's stock valued at $20,545,000 after acquiring an additional 1,505 shares during the last quarter. Boston Family Office LLC raised its holdings in Monolithic Power Systems by 1,031.6% during the fourth quarter. Boston Family Office LLC now owns 2,614 shares of the semiconductor company's stock worth $1,547,000 after acquiring an additional 2,383 shares in the last quarter. GDS Wealth Management boosted its position in Monolithic Power Systems by 1,527.1% during the fourth quarter. GDS Wealth Management now owns 8,168 shares of the semiconductor company's stock valued at $4,833,000 after purchasing an additional 7,666 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in Monolithic Power Systems in the fourth quarter valued at approximately $454,000. Institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MPWR shares. TD Cowen upped their target price on shares of Monolithic Power Systems from $600.00 to $675.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Rosenblatt Securities reiterated a "neutral" rating and issued a $644.00 price target on shares of Monolithic Power Systems in a research report on Friday, May 2nd. Wells Fargo & Company decreased their target price on shares of Monolithic Power Systems from $710.00 to $665.00 and set an "equal weight" rating on the stock in a report on Friday, March 21st. Loop Capital upped their price objective on Monolithic Power Systems from $660.00 to $760.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Finally, KeyCorp reduced 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 research note on Friday, May 2nd. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and a consensus target price of $779.83.

Monolithic Power Systems Trading Down 3.7%

Shares of MPWR stock opened at $655.54 on Monday. 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 $31.39 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 2.60 and a beta of 1.18. The stock has a 50-day moving average of $599.61 and a 200-day moving average of $612.15.

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

Insider Buying and Selling

In related news, EVP Maurice Sciammas sold 12,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $701.00, for a total transaction of $8,412,000.00. Following the completion of the transaction, the executive vice president now owns 4,015 shares in the company, valued at $2,814,515. This represents a 74.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kuo Wei Herbert Chang sold 100 shares of Monolithic Power Systems stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $650.00, for a total transaction of $65,000.00. Following the completion of the sale, the director now owns 776 shares in the company, valued at approximately $504,400. This trade represents a 11.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,200 shares of company stock worth $8,546,800 in the last ninety days. 3.40% of the stock is owned by insiders.

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.