American Capital Management Inc. Sells 1,858 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

American Capital Management Inc. lessened its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 20.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,141 shares of the semiconductor company's stock after selling 1,858 shares during the quarter. American Capital Management Inc.'s holdings in Monolithic Power Systems were worth $6,602,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MPWR. Family Firm Inc. purchased a new stake in Monolithic Power Systems during the 2nd quarter valued at $25,000. NBC Securities Inc. boosted its holdings in shares of Monolithic Power Systems by 433.3% during the third quarter. NBC Securities Inc. now owns 32 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 26 shares during the period. Wolff Wiese Magana LLC grew its stake in shares of Monolithic Power Systems by 3,400.0% in the third quarter. Wolff Wiese Magana LLC now owns 35 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 34 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Monolithic Power Systems in the third quarter worth about $36,000. Finally, Atwood & Palmer Inc. purchased a new position in Monolithic Power Systems during the 2nd quarter valued at about $33,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 11,000 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of $929.59, for a total transaction of $10,225,490.00. Following the sale, the executive vice president now directly owns 103,829 shares in the company, valued at approximately $96,518,400.11. This trade represents a 9.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deming Xiao sold 866 shares of the business's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $765.14, for a total value of $662,611.24. Following the completion of the transaction, the executive vice president now directly owns 162,239 shares of the company's stock, valued at approximately $124,135,548.46. This trade represents a 0.53 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,100 shares of company stock worth $17,913,521. 3.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. KeyCorp cut their price objective on Monolithic Power Systems from $1,075.00 to $700.00 and set an "overweight" rating on the stock in a research report on Monday, November 18th. Truist Financial reiterated a "buy" rating and issued a $994.00 price target (up previously from $918.00) on shares of Monolithic Power Systems in a report on Wednesday, October 2nd. Needham & Company LLC decreased their price objective on shares of Monolithic Power Systems from $950.00 to $600.00 and set a "buy" rating for the company in a report on Friday, November 22nd. Loop Capital raised shares of Monolithic Power Systems from a "hold" rating to a "buy" rating and set a $660.00 target price on the stock in a research note on Monday, November 18th. Finally, Stifel Nicolaus increased their price target on shares of Monolithic Power Systems from $1,000.00 to $1,100.00 and gave the stock a "buy" rating in a research note on Friday, September 27th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $840.36.

Monolithic Power Systems Stock Up 1.3 %

Shares of NASDAQ MPWR traded up $7.40 on Friday, reaching $567.64. 595,268 shares of the company's stock traded hands, compared to its average volume of 1,344,465. The business's 50 day simple moving average is $795.21 and its two-hundred day simple moving average is $818.50. Monolithic Power Systems, Inc. has a 12 month low of $542.73 and a 12 month high of $959.64. The company has a market cap of $27.69 billion, a price-to-earnings ratio of 64.00, a price-to-earnings-growth ratio of 2.70 and a beta of 1.15.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The semiconductor company reported $2.99 earnings per share for the quarter, missing analysts' consensus estimates of $3.04 by ($0.05). Monolithic Power Systems had a net margin of 21.29% and a return on equity of 20.44%. The company had revenue of $620.12 million for the quarter, compared to the consensus estimate of $600.10 million. Analysts forecast that Monolithic Power Systems, Inc. will post 10.46 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend was Monday, September 30th. Monolithic Power Systems's dividend payout ratio (DPR) is 56.37%.

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.