28,160 Shares in Monolithic Power Systems, Inc. (NASDAQ:MPWR) Purchased by Sapient Capital LLC

Sapient Capital LLC purchased a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 28,160 shares of the semiconductor company's stock, valued at approximately $17,763,000. Sapient Capital LLC owned 0.06% of Monolithic Power Systems at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Achmea Investment Management B.V. acquired a new position in shares of Monolithic Power Systems in the 1st quarter valued at approximately $27,000. Sunbelt Securities Inc. bought a new position in Monolithic Power Systems during the 1st quarter valued at $37,000. Arlington Trust Co LLC boosted its stake in Monolithic Power Systems by 56.1% during the 4th quarter. Arlington Trust Co LLC now owns 64 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 23 shares during the last quarter. Operose Advisors LLC acquired a new position in Monolithic Power Systems during the 3rd quarter worth $43,000. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in shares of Monolithic Power Systems in the 4th quarter worth about $43,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Transactions at Monolithic Power Systems

In other Monolithic Power Systems news, CEO Michael Hsing sold 8,000 shares of the business's stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $602.01, for a total transaction of $4,816,080.00. Following the completion of the transaction, the chief executive officer now owns 921,774 shares in the company, valued at approximately $554,917,165.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Monolithic Power Systems news, CEO Michael Hsing sold 8,000 shares of the firm's stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $602.01, for a total transaction of $4,816,080.00. Following the transaction, the chief executive officer now owns 921,774 shares of the company's stock, valued at approximately $554,917,165.74. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Deming Xiao sold 859 shares of the company's stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $680.00, for a total transaction of $584,120.00. Following the completion of the sale, the insider now directly owns 208,580 shares of the company's stock, valued at $141,834,400. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,077 shares of company stock worth $36,760,689. Company insiders own 3.20% of the company's stock.

Monolithic Power Systems Stock Up 2.7 %

NASDAQ MPWR traded up $17.85 during trading hours on Thursday, hitting $684.34. The company had a trading volume of 301,448 shares, compared to its average volume of 536,962. The firm has a market cap of $33.30 billion, a P/E ratio of 76.40, a price-to-earnings-growth ratio of 3.59 and a beta of 1.24. Monolithic Power Systems, Inc. has a fifty-two week low of $383.19 and a fifty-two week high of $778.15. The business has a fifty day simple moving average of $695.39 and a 200-day simple moving average of $594.17.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings results on Wednesday, February 7th. The semiconductor company reported $2.04 EPS for the quarter, missing the consensus estimate of $2.21 by ($0.17). The firm had revenue of $454.01 million for the quarter, compared to the consensus estimate of $452.13 million. Monolithic Power Systems had a return on equity of 22.66% and a net margin of 23.47%. Equities analysts forecast that Monolithic Power Systems, Inc. will post 10.21 EPS for the current fiscal year.

Monolithic Power Systems Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 29th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Wednesday, March 27th. This is a boost from Monolithic Power Systems's previous quarterly dividend of $1.00. Monolithic Power Systems's payout ratio is 57.08%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. TD Cowen lifted their price target on Monolithic Power Systems from $650.00 to $800.00 and gave the stock an "outperform" rating in a research note on Thursday, February 8th. KeyCorp boosted their price target on Monolithic Power Systems to $850.00 and gave the company an "overweight" rating in a report on Monday. Oppenheimer upped their price target on Monolithic Power Systems from $600.00 to $700.00 and gave the company an "outperform" rating in a research report on Friday, February 2nd. Needham & Company LLC lifted their price objective on shares of Monolithic Power Systems from $500.00 to $800.00 and gave the stock a "buy" rating in a report on Thursday, February 8th. Finally, Rosenblatt Securities increased their target price on shares of Monolithic Power Systems from $550.00 to $750.00 and gave the stock a "buy" rating in a report on Tuesday, December 26th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $670.30.

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.