Monolithic Power Systems, Inc. (NASDAQ:MPWR) Stock Holdings Raised by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 9.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 151,217 shares of the semiconductor company's stock after purchasing an additional 13,681 shares during the period. BNP Paribas Financial Markets owned about 0.31% of Monolithic Power Systems worth $89,475,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Tradewinds Capital Management LLC lifted its holdings 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 worth $26,000 after buying an additional 24 shares during the last quarter. OFI Invest Asset Management acquired a new stake in shares of Monolithic Power Systems during the 4th quarter valued at approximately $27,000. West Oak Capital LLC lifted its stake 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 purchasing an additional 545 shares during the last quarter. Itau Unibanco Holding S.A. boosted its holdings in Monolithic Power Systems by 637.5% in 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 bought a new stake in Monolithic Power Systems during the fourth quarter valued at $39,000. Institutional investors own 93.46% of the company's stock.

Insiders Place Their Bets

In other news, EVP Maurice Sciammas sold 7,000 shares of the business's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $701.98, for a total value of $4,913,860.00. Following the sale, the executive vice president now owns 16,015 shares of the company's stock, valued at approximately $11,242,209.70. The trade was a 30.41 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.70% of the stock is currently owned by insiders.

Monolithic Power Systems Stock Performance

NASDAQ:MPWR opened at $627.40 on Tuesday. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $959.64. The business has a fifty day moving average of $569.72 and a 200-day moving average of $626.88. The stock has a market cap of $30.04 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 2.60 and a beta of 1.18.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its earnings results on Thursday, May 1st. The semiconductor company reported $4.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.00 by $0.04. Monolithic Power Systems had a net margin of 80.95% and a return on equity of 20.36%. The firm had revenue of $637.55 million during the quarter, compared to analyst estimates of $633.43 million. During the same quarter in the prior year, the firm posted $2.81 EPS. Monolithic Power Systems's revenue was up 39.2% compared to the same quarter last year. On average, equities research analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $1.56 per share. This is a boost from Monolithic Power Systems's previous quarterly dividend of $1.25. The ex-dividend date was Monday, March 31st. This represents a $6.24 annualized dividend and a yield of 0.99%. Monolithic Power Systems's payout ratio is presently 16.56%.

Wall Street Analysts Forecast Growth

MPWR has been the topic of a number of recent research reports. Raymond James restated an "outperform" rating and issued a $720.00 price target (down from $925.00) on shares of Monolithic Power Systems in a research report on Friday. TD Cowen lifted their target price on Monolithic Power Systems from $600.00 to $675.00 and gave the company a "buy" rating in a research note on Friday. Needham & Company LLC reaffirmed a "buy" rating and set a $800.00 target price on shares of Monolithic Power Systems in a report on Friday. KeyCorp cut their price target on Monolithic Power Systems from $850.00 to $820.00 and set an "overweight" rating on the stock in a report on Friday. Finally, Rosenblatt Securities restated a "neutral" rating and set a $644.00 price objective on shares of Monolithic Power Systems in a research report on Friday. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $779.83.

Monolithic Power Systems Company 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.

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