Monolithic Power Systems, Inc. (NASDAQ:MPWR) Shares Acquired by Headlands Technologies LLC

Headlands Technologies LLC lifted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 2,220.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,160 shares of the semiconductor company's stock after buying an additional 1,110 shares during the quarter. Headlands Technologies LLC's holdings in Monolithic Power Systems were worth $732,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Arlington Trust Co LLC raised its stake in Monolithic Power Systems by 56.1% in the 4th quarter. Arlington Trust Co LLC now owns 64 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 23 shares during the last quarter. Operose Advisors LLC acquired a new position in Monolithic Power Systems in the 3rd quarter valued at $43,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Monolithic Power Systems in the 4th quarter valued at $43,000. Lindbrook Capital LLC grew its holdings in Monolithic Power Systems by 137.0% in the 4th quarter. Lindbrook Capital LLC now owns 109 shares of the semiconductor company's stock valued at $69,000 after buying an additional 63 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in Monolithic Power Systems by 145.8% in the 4th quarter. Private Trust Co. NA now owns 118 shares of the semiconductor company's stock valued at $74,000 after buying an additional 70 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Monolithic Power Systems Trading Up 2.6 %

Monolithic Power Systems stock traded up $16.89 during midday trading on Friday, reaching $677.23. 402,846 shares of the stock traded hands, compared to its average volume of 477,860. The company has a 50-day simple moving average of $682.80 and a two-hundred day simple moving average of $609.39. Monolithic Power Systems, Inc. has a 12-month low of $383.19 and a 12-month high of $778.15. The firm has a market cap of $32.95 billion, a PE ratio of 77.31, a price-to-earnings-growth ratio of 3.53 and a beta of 1.24.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its earnings results on Wednesday, February 7th. The semiconductor company reported $2.04 EPS for the quarter, missing analysts' consensus estimates of $2.21 by ($0.17). Monolithic Power Systems had a net margin of 23.47% and a return on equity of 22.66%. The firm had revenue of $454.01 million for the quarter, compared to analysts' expectations of $452.13 million. Equities research analysts anticipate that Monolithic Power Systems, Inc. will post 10.05 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 0.74%. This is a boost from Monolithic Power Systems's previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Wednesday, March 27th. Monolithic Power Systems's dividend payout ratio (DPR) is 57.08%.

Analysts Set New Price Targets

Several analysts have issued reports on MPWR shares. Oppenheimer upped their target price on Monolithic Power Systems from $600.00 to $700.00 and gave the company an "outperform" rating in a report on Friday, February 2nd. Needham & Company LLC upped their target price on Monolithic Power Systems from $500.00 to $800.00 and gave the company a "buy" rating in a report on Thursday, February 8th. Stifel Nicolaus upped their target price on Monolithic Power Systems from $600.00 to $700.00 and gave the company a "buy" rating in a report on Tuesday, January 2nd. KeyCorp increased their price target on Monolithic Power Systems to $850.00 and gave the stock an "overweight" rating in a report on Monday, April 8th. Finally, TD Cowen increased their price target on Monolithic Power Systems from $650.00 to $800.00 and gave the stock an "outperform" rating in a report on Thursday, February 8th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $670.30.

Insider Activity at Monolithic Power Systems

In related news, CEO Michael Hsing sold 8,000 shares of the firm's stock in a transaction dated 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 directly owns 921,774 shares in the company, valued at approximately $554,917,165.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Monolithic Power Systems news, CEO Michael Hsing sold 8,000 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $602.01, for a total value of $4,816,080.00. Following the sale, 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 Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeff Zhou sold 200 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $750.57, for a total value of $150,114.00. Following the completion of the sale, the director now directly owns 6,269 shares in the company, valued at approximately $4,705,323.33. The disclosure for this sale can be found here. Insiders sold 45,077 shares of company stock worth $30,357,479 in the last three months. 3.20% of the stock is owned by company insiders.

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.