Monolithic Power Systems, Inc. $MPWR Shares Sold by UBS Group AG

Key Points

• UBS Group AG trimmed its stake in Monolithic Power Systems by 16.9% in Q4, selling 89,334 shares and now owns 438,985 shares worth about $397.9 million (≈0.92% of the company); institutional investors hold roughly 93.46% of the stock.
• Insiders sold a total of 137,683 shares (~$158.1 million) last quarter, including CFO Theodore Blegen’s sale of 21,725 shares (~$25.4 million), signaling notable insider liquidity.
• Analysts maintain a consensus "Moderate Buy" with an average price target of $1,260.08 (12 Buys, 3 Holds); Stifel raised its target to $1,500 and the company recently beat EPS estimates while reporting 20.8% revenue growth.

UBS Group AG lowered its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 16.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 438,985 shares of the semiconductor company's stock after selling 89,334 shares during the quarter. UBS Group AG owned about 0.92% of Monolithic Power Systems worth $397,878,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of MPWR. SG Americas Securities LLC increased its stake in shares of Monolithic Power Systems by 77,483.1% during the 4th quarter. SG Americas Securities LLC now owns 262,231 shares of the semiconductor company's stock valued at $237,676,000 after acquiring an additional 261,893 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of Monolithic Power Systems during the 3rd quarter valued at about $197,260,000. First Trust Advisors LP increased its stake in shares of Monolithic Power Systems by 66.4% during the 3rd quarter. First Trust Advisors LP now owns 447,801 shares of the semiconductor company's stock valued at $412,263,000 after acquiring an additional 178,622 shares during the last quarter. Rafferty Asset Management LLC increased its stake in shares of Monolithic Power Systems by 36.1% during the 2nd quarter. Rafferty Asset Management LLC now owns 529,124 shares of the semiconductor company's stock valued at $386,991,000 after acquiring an additional 140,269 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Monolithic Power Systems by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 6,074,033 shares of the semiconductor company's stock valued at $5,591,998,000 after acquiring an additional 134,087 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Stifel Nicolaus upped their price objective on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company a "buy" rating in a research note on Thursday, April 16th. William Blair reaffirmed an "outperform" rating on shares of Monolithic Power Systems in a research note on Thursday, March 5th. Zacks Research downgraded shares of Monolithic Power Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 10th. Weiss Ratings downgraded shares of Monolithic Power Systems from a "buy (b-)" rating to a "hold (c)" rating in a research note on Monday, March 2nd. Finally, Truist Financial upped their price objective on shares of Monolithic Power Systems from $1,375.00 to $1,396.00 and gave the company a "buy" rating in a research note on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $1,260.08.

Insider Buying and Selling at Monolithic Power Systems

In related news, Director Victor K. Lee sold 400 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $1,212.16, for a total transaction of $484,864.00. Following the completion of the sale, the director owned 27,756 shares of the company's stock, valued at approximately $33,644,712.96. This represents a 1.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Theodore Blegen sold 21,725 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $1,171.16, for a total transaction of $25,443,451.00. Following the sale, the chief financial officer directly owned 82,353 shares of the company's stock, valued at approximately $96,448,539.48. This trade represents a 20.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 137,683 shares of company stock worth $158,138,447 in the last quarter. Company insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Performance

MPWR opened at $1,587.57 on Tuesday. The firm has a 50 day moving average price of $1,206.36 and a 200 day moving average price of $1,074.80. The company has a market cap of $77.98 billion, a PE ratio of 124.61, a price-to-earnings-growth ratio of 4.13 and a beta of 1.48. Monolithic Power Systems, Inc. has a 1 year low of $562.38 and a 1 year high of $1,661.79.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its earnings results on Thursday, February 5th. The semiconductor company reported $4.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.74 by $0.05. The firm had revenue of $751.16 million during the quarter, compared to the consensus estimate of $741.69 million. Monolithic Power Systems had a net margin of 22.07% and a return on equity of 18.33%. The company's revenue was up 20.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.09 EPS. On average, sell-side analysts predict that Monolithic Power Systems, Inc. will post 17.01 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $2.00 per share. This is a boost from Monolithic Power Systems's previous quarterly dividend of $1.56. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $8.00 dividend on an annualized basis and a yield of 0.5%. Monolithic Power Systems's dividend payout ratio is currently 62.79%.

About Monolithic Power Systems

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.

Want to see what other hedge funds are holding MPWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.