Sapient Capital LLC Invests $28.83 Million in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Sapient Capital LLC acquired a new stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,637 shares of the semiconductor company's stock, valued at approximately $28,833,000. Sapient Capital LLC owned about 0.10% of Monolithic Power Systems as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MPWR. Arlington Trust Co LLC lifted its holdings 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 worth $40,000 after purchasing an additional 23 shares in the last quarter. Operose Advisors LLC bought a new position in shares of Monolithic Power Systems in the third quarter valued at approximately $43,000. Turtle Creek Wealth Advisors LLC purchased a new position in Monolithic Power Systems during the fourth quarter valued at approximately $43,000. Lindbrook Capital LLC increased its holdings in Monolithic Power Systems by 137.0% during the 4th quarter. Lindbrook Capital LLC now owns 109 shares of the semiconductor company's stock worth $69,000 after acquiring an additional 63 shares during the period. Finally, Private Trust Co. NA lifted its stake 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 worth $74,000 after purchasing an additional 70 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

MPWR has been the topic of several research analyst reports. Wells Fargo & Company upped their price target on shares of Monolithic Power Systems from $715.00 to $725.00 and gave the stock an "overweight" rating in a report on Thursday. Oppenheimer boosted their price objective on Monolithic Power Systems from $600.00 to $700.00 and gave the stock an "outperform" rating in a report on Friday, February 2nd. KeyCorp raised their target price on shares of Monolithic Power Systems to $850.00 and gave the company an "overweight" rating in a research note on Monday, April 8th. TD Cowen boosted their price target on shares of Monolithic Power Systems from $650.00 to $800.00 and gave the stock an "outperform" rating in a research note on Thursday, February 8th. Finally, Needham & Company LLC restated a "buy" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research report on Thursday. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $716.90.

Insider Buying and Selling

In other news, CEO Michael Hsing sold 8,000 shares of the business's stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $661.85, for a total transaction of $5,294,800.00. Following the transaction, the chief executive officer now directly owns 891,232 shares of the company's stock, valued at $589,861,899.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Monolithic Power Systems news, insider Deming Xiao sold 859 shares of the firm's stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $680.00, for a total value of $584,120.00. Following the completion of the sale, the insider now directly owns 208,580 shares in the company, valued at $141,834,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael Hsing sold 8,000 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $661.85, for a total value of $5,294,800.00. Following the transaction, the chief executive officer now owns 891,232 shares in the company, valued at approximately $589,861,899.20. The disclosure for this sale can be found here. Insiders have sold 45,077 shares of company stock valued at $30,986,274 over the last ninety days. 3.20% of the stock is owned by insiders.

Monolithic Power Systems Stock Down 0.8 %

Shares of MPWR traded down $5.67 during trading hours on Friday, hitting $707.22. The company had a trading volume of 585,707 shares, compared to its average volume of 544,973. The firm has a market cap of $34.41 billion, a P/E ratio of 84.29, a P/E/G ratio of 3.78 and a beta of 1.22. Monolithic Power Systems, Inc. has a 52-week low of $383.19 and a 52-week high of $778.15. The stock's 50 day moving average price is $678.85 and its 200 day moving average price is $617.41.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $2.04 earnings per share for the quarter, missing the consensus estimate of $2.21 by ($0.17). Monolithic Power Systems had a net margin of 22.44% and a return on equity of 21.01%. The company had revenue of $454.01 million during the quarter, compared to the consensus estimate of $452.13 million. On average, research analysts expect that Monolithic Power Systems, Inc. will post 10.05 EPS for the current fiscal year.

Monolithic Power Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were issued a dividend of $1.25 per share. This is a positive change from Monolithic Power Systems's previous quarterly dividend of $1.00. This represents a $5.00 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Wednesday, March 27th. Monolithic Power Systems's dividend payout ratio is currently 59.59%.

About Monolithic Power Systems

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.