Universal Beteiligungs und Servicegesellschaft mbH Purchases 5,898 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Monolithic Power Systems by 17%, purchasing 5,898 shares to hold 40,553 shares (about 0.08% of the company) valued at $36.84 million at quarter-end.
• Insiders have been net sellers: CFO Theodore Blegen sold 21,725 shares (~$25.4M) and EVP Saria Tseng sold 25,674 shares (~$25.9M), with insiders disposing of 137,683 shares worth $158.14M in the last 90 days, leaving insiders owning 3.4% of the stock.
• Operational and market snapshot: MPS beat quarterly expectations (EPS $4.79, revenue up 20.8%), raised its quarterly dividend to $2.00 (annualized $8, 0.5% yield), but trades at a high valuation (market cap $78.2B, P/E ~125) with a consensus "Moderate Buy" price target of $1,235.

Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 17.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,553 shares of the semiconductor company's stock after purchasing an additional 5,898 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of Monolithic Power Systems worth $36,844,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. True Wealth Design LLC raised its position in shares of Monolithic Power Systems by 61.1% during the 3rd quarter. True Wealth Design LLC now owns 29 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 11 shares during the period. YANKCOM Partnership raised its position in shares of Monolithic Power Systems by 6.7% during the 4th quarter. YANKCOM Partnership now owns 176 shares of the semiconductor company's stock valued at $160,000 after purchasing an additional 11 shares during the period. Cromwell Holdings LLC raised its position in shares of Monolithic Power Systems by 9.2% during the 3rd quarter. Cromwell Holdings LLC now owns 143 shares of the semiconductor company's stock valued at $132,000 after purchasing an additional 12 shares during the period. Sagespring Wealth Partners LLC raised its position in shares of Monolithic Power Systems by 2.4% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 512 shares of the semiconductor company's stock valued at $471,000 after purchasing an additional 12 shares during the period. Finally, UMB Bank n.a. raised its position in shares of Monolithic Power Systems by 2.5% during the 3rd quarter. UMB Bank n.a. now owns 492 shares of the semiconductor company's stock valued at $453,000 after purchasing an additional 12 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Theodore Blegen sold 21,725 shares of Monolithic Power Systems stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $1,171.16, for a total transaction of $25,443,451.00. Following the completion of the transaction, the chief financial officer directly owned 82,353 shares of the company's stock, valued at approximately $96,448,539.48. The trade was a 20.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Saria Tseng sold 25,674 shares of Monolithic Power Systems stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $1,010.50, for a total transaction of $25,943,577.00. Following the transaction, the executive vice president directly owned 174,982 shares of the company's stock, valued at approximately $176,819,311. This represents a 12.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 137,683 shares of company stock worth $158,138,447 in the last 90 days. Company insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Up 4.6%

Shares of NASDAQ:MPWR opened at $1,592.17 on Friday. Monolithic Power Systems, Inc. has a 52 week low of $546.76 and a 52 week high of $1,597.76. The stock has a market capitalization of $78.21 billion, a P/E ratio of 124.97, a PEG ratio of 3.85 and a beta of 1.48. The firm has a fifty day simple moving average of $1,188.83 and a two-hundred day simple moving average of $1,064.42.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $4.79 EPS for the quarter, topping analysts' consensus estimates of $4.74 by $0.05. Monolithic Power Systems had a net margin of 22.07% and a return on equity of 18.33%. The business had revenue of $751.16 million during the quarter, compared to analysts' expectations of $741.69 million. During the same period last year, the company posted $4.09 EPS. The business's revenue was up 20.8% on a year-over-year basis. On average, analysts expect 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 disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 31st. This is an increase from Monolithic Power Systems's previous quarterly dividend of $1.56. Monolithic Power Systems's dividend payout ratio is 62.79%.

Wall Street Analysts Forecast Growth

MPWR has been the topic of a number of research reports. KeyCorp lifted their price target on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company an "overweight" rating in a report on Friday, February 6th. Weiss Ratings downgraded shares of Monolithic Power Systems from a "buy (b-)" rating to a "hold (c)" rating in a report on Monday, March 2nd. William Blair reiterated an "outperform" rating on shares of Monolithic Power Systems in a report on Thursday, March 5th. Rosenblatt Securities lifted their price target on shares of Monolithic Power Systems from $950.00 to $1,000.00 and gave the company a "neutral" rating in a report on Friday, February 6th. Finally, Zacks Research downgraded shares of Monolithic Power Systems from a "strong-buy" rating to a "hold" rating in a report on Friday, April 10th. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $1,235.08.

Monolithic Power Systems 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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