Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 35,373 shares of the semiconductor company's stock, valued at approximately $20,930,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Monolithic Power Systems at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Tradewinds Capital Management LLC increased its holdings in shares of Monolithic Power Systems by 120.0% in the 4th quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 24 shares during the period. OFI Invest Asset Management purchased a new position in shares of Monolithic Power Systems in the fourth quarter worth approximately $27,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Monolithic Power Systems during the fourth quarter worth approximately $29,000. Itau Unibanco Holding S.A. boosted its holdings in shares of Monolithic Power Systems by 637.5% during the fourth quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 51 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Monolithic Power Systems during the fourth quarter worth approximately $39,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on MPWR shares. Citigroup lifted their target price on shares of Monolithic Power Systems from $615.00 to $700.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Stifel Nicolaus lowered their price target 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. Raymond James reaffirmed an "outperform" rating and issued a $720.00 target price (down previously from $925.00) on shares of Monolithic Power Systems in a report on Friday, May 2nd. Loop Capital upped their target price on shares of Monolithic Power Systems from $660.00 to $760.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Finally, Wells Fargo & Company decreased their price objective 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. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $779.83.

Insider Activity

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 12,000 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $701.00, for a total value of $8,412,000.00. Following the transaction, the executive vice president now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kuo Wei Herbert Chang sold 100 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $650.00, for a total value of $65,000.00. Following the transaction, the director now directly owns 776 shares in the company, valued at $504,400. This trade represents a 11.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,200 shares of company stock valued at $8,546,800 in the last ninety days. 3.40% of the stock is currently owned by insiders.

Monolithic Power Systems Trading Down 3.7%

MPWR stock traded down $25.18 during trading on Friday, hitting $655.54. The company had a trading volume of 950,305 shares, compared to its average volume of 796,333. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $959.64. The business has a 50-day moving average of $599.61 and a 200-day moving average of $611.83. The stock has a market cap of $31.39 billion, a PE ratio of 17.83, a PEG 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.00 by $0.04. The company had revenue of $637.55 million for the quarter, compared to analysts' expectations 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 quarterly revenue was up 39.2% compared to the same quarter last year. During the same period last year, the business earned $2.81 EPS. Research analysts forecast 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.