Monolithic Power Systems, Inc. $MPWR Shares Sold by Analog Century Management LP

Analog Century Management LP decreased its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 8.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,723 shares of the semiconductor company's stock after selling 6,868 shares during the period. Monolithic Power Systems comprises 3.2% of Analog Century Management LP's investment portfolio, making the stock its 19th biggest position. Analog Century Management LP owned approximately 0.15% of Monolithic Power Systems worth $64,100,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MPWR. Brighton Jones LLC lifted its stake in Monolithic Power Systems by 46.0% during the 4th quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company's stock worth $376,000 after acquiring an additional 200 shares in the last quarter. Empowered Funds LLC lifted its stake in Monolithic Power Systems by 3.1% during the 1st quarter. Empowered Funds LLC now owns 5,325 shares of the semiconductor company's stock worth $3,088,000 after acquiring an additional 161 shares in the last quarter. NewEdge Advisors LLC raised its position in Monolithic Power Systems by 3.5% in the 2nd quarter. NewEdge Advisors LLC now owns 9,383 shares of the semiconductor company's stock valued at $6,863,000 after purchasing an additional 314 shares in the last quarter. Treasurer of the State of North Carolina raised its position in Monolithic Power Systems by 35.2% in the 2nd quarter. Treasurer of the State of North Carolina now owns 35,789 shares of the semiconductor company's stock valued at $26,175,000 after purchasing an additional 9,315 shares in the last quarter. Finally, Globeflex Capital L P acquired a new stake in Monolithic Power Systems in the 2nd quarter valued at about $347,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MPWR shares. Stifel Nicolaus increased their price target on Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company a "buy" rating in a research report on Thursday, April 16th. Oppenheimer set a $1,700.00 price target on Monolithic Power Systems in a research report on Friday, May 1st. William Blair reaffirmed an "outperform" rating on shares of Monolithic Power Systems in a research report on Thursday, March 5th. Zacks Research lowered Monolithic Power Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 10th. Finally, KeyCorp increased their price target on Monolithic Power Systems from $1,500.00 to $2,000.00 and gave the company an "overweight" rating in a research report on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,599.17.

Monolithic Power Systems Stock Performance

Shares of NASDAQ MPWR opened at $1,577.32 on Friday. Monolithic Power Systems, Inc. has a fifty-two week low of $150.68 and a fifty-two week high of $1,714.09. The firm has a market capitalization of $77.49 billion, a PE ratio of 113.72, a price-to-earnings-growth ratio of 2.82 and a beta of 1.69. The stock's 50-day simple moving average is $1,510.26 and its 200-day simple moving average is $1,208.07.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share for the quarter, topping the consensus estimate of $4.90 by $0.20. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The business had revenue of $804.19 million for the quarter, compared to analyst estimates of $781.93 million. During the same quarter last year, the company earned $4.04 EPS. The business's quarterly revenue was up 26.1% on a year-over-year basis. On average, sell-side analysts forecast that Monolithic Power Systems, Inc. will post 20.13 earnings per share for the current fiscal year.

Insider Buying and Selling at Monolithic Power Systems

In related news, EVP Deming Xiao sold 30,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $1,654.55, for a total transaction of $49,636,500.00. Following the transaction, the executive vice president owned 205,959 shares in the company, valued at $340,769,463.45. This trade represents a 12.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Saria Tseng sold 7,565 shares of the firm's stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $1,700.00, for a total value of $12,860,500.00. Following the transaction, the executive vice president owned 144,218 shares in the company, valued at $245,170,600. This represents a 4.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 113,073 shares of company stock worth $160,875,958. 3.40% of the stock is currently owned by corporate insiders.

Monolithic Power Systems Company Profile

Monolithic Power Systems NASDAQ: MPWR is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS's product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.

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