J. Safra Sarasin Holding AG Has $730,000 Stock Position in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

J. Safra Sarasin Holding AG cut its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 81.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,233 shares of the semiconductor company's stock after selling 5,430 shares during the period. J. Safra Sarasin Holding AG's holdings in Monolithic Power Systems were worth $730,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MPWR. Tradewinds Capital Management LLC boosted its stake in Monolithic Power Systems by 120.0% during the 4th quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 24 shares in the last quarter. OFI Invest Asset Management bought a new position in Monolithic Power Systems during the fourth quarter valued at about $27,000. West Oak Capital LLC grew its holdings in Monolithic Power Systems by 990.9% during the fourth quarter. West Oak Capital LLC now owns 600 shares of the semiconductor company's stock worth $32,000 after acquiring an additional 545 shares during the period. Golden State Wealth Management LLC bought a new stake in Monolithic Power Systems in the fourth quarter worth about $39,000. Finally, AlphaQuest LLC acquired a new stake in Monolithic Power Systems in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Buying and Selling

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 7,000 shares of the company's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $701.98, for a total transaction of $4,913,860.00. Following the completion of the sale, the executive vice president now directly owns 16,015 shares in the company, valued at $11,242,209.70. This represents a 30.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MPWR shares. Wells Fargo & Company dropped 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. Needham & Company LLC increased their price objective on Monolithic Power Systems from $600.00 to $800.00 and gave the company a "buy" rating in a research report on Friday, February 7th. KeyCorp boosted their target price on Monolithic Power Systems from $700.00 to $850.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Rosenblatt Securities decreased their price target on Monolithic Power Systems from $800.00 to $750.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Finally, Loop Capital boosted their price objective on Monolithic Power Systems from $660.00 to $760.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and an average price target of $826.17.

Monolithic Power Systems Stock Up 0.2 %

MPWR stock traded up $1.42 during trading hours on Tuesday, hitting $586.63. The company's stock had a trading volume of 191,675 shares, compared to its average volume of 772,585. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $959.64. The stock has a 50 day moving average price of $575.34 and a two-hundred day moving average price of $637.59. The company has a market capitalization of $28.09 billion, a PE ratio of 15.96, a price-to-earnings-growth ratio of 2.60 and a beta of 1.21.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its earnings results on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share for the quarter, missing the consensus estimate of $4.01 by ($0.84). Monolithic Power Systems had a net margin of 80.95% and a return on equity of 20.36%. Sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 1.06%. This is a boost from Monolithic Power Systems's previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Monday, March 31st. Monolithic Power Systems's payout ratio is presently 16.97%.

Monolithic Power Systems Profile

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.