Monolithic Power Systems, Inc. (NASDAQ:MPWR) Shares Purchased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC boosted its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 996.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,760 shares of the semiconductor company's stock after buying an additional 4,326 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in Monolithic Power Systems were worth $2,816,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in MPWR. West Oak Capital LLC grew its holdings in shares of Monolithic Power Systems by 990.9% in the 4th quarter. West Oak Capital LLC now owns 600 shares of the semiconductor company's stock worth $32,000 after acquiring an additional 545 shares during the period. Ashton Thomas Securities LLC acquired a new stake in Monolithic Power Systems in the third quarter valued at $36,000. Golden State Wealth Management LLC purchased a new position in shares of Monolithic Power Systems in the fourth quarter valued at $39,000. Rakuten Securities Inc. raised its stake in shares of Monolithic Power Systems by 410.0% during the 3rd quarter. Rakuten Securities Inc. now owns 51 shares of the semiconductor company's stock worth $47,000 after buying an additional 41 shares during the last quarter. Finally, Versant Capital Management Inc boosted its position in shares of Monolithic Power Systems by 60.3% in the 4th quarter. Versant Capital Management Inc now owns 109 shares of the semiconductor company's stock worth $64,000 after buying an additional 41 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Monolithic Power Systems Stock Performance

MPWR traded down $28.73 on Friday, reaching $661.08. 846,673 shares of the company's stock were exchanged, compared to its average volume of 881,184. Monolithic Power Systems, Inc. has a twelve month low of $546.71 and a twelve month high of $959.64. The company's 50 day moving average is $637.78 and its 200-day moving average is $746.84. The company has a market cap of $32.25 billion, a price-to-earnings ratio of 17.98, a PEG ratio of 2.61 and a beta of 1.03.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.01 by ($0.84). Monolithic Power Systems had a return on equity of 20.36% and a net margin of 80.95%. Sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $1.56 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Monolithic Power Systems's previous quarterly dividend of $1.25. This represents a $6.24 annualized dividend and a yield of 0.94%. Monolithic Power Systems's dividend payout ratio (DPR) is 13.60%.

Insiders Place Their Bets

In other news, CFO Theodore Blegen sold 2,500 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $600.00, for a total transaction of $1,500,000.00. Following the sale, the chief financial officer now owns 53,444 shares in the company, valued at $32,066,400. This trade represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Maurice Sciammas sold 7,000 shares of the company's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $701.98, for a total transaction of $4,913,860.00. Following the completion of the transaction, the executive vice president now owns 16,015 shares of the company's stock, valued at $11,242,209.70. This trade represents a 30.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

MPWR has been the subject of several recent research reports. Wells Fargo & Company raised their target price on shares of Monolithic Power Systems from $610.00 to $710.00 and gave the company an "equal weight" rating in a report on Friday, February 7th. TD Cowen lowered their price target on shares of Monolithic Power Systems from $1,100.00 to $975.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. KeyCorp lifted their price objective on Monolithic Power Systems from $700.00 to $850.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Loop Capital increased their target price on Monolithic Power Systems from $660.00 to $760.00 and gave the company a "buy" rating in a report on Friday, February 7th. Finally, Needham & Company LLC raised their price target on shares of Monolithic Power Systems from $600.00 to $800.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average price target of $866.17.

Monolithic Power Systems 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.