Emerald Advisers LLC Buys 430 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Emerald Advisers LLC increased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 45.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,367 shares of the semiconductor company's stock after acquiring an additional 430 shares during the quarter. Emerald Advisers LLC's holdings in Monolithic Power Systems were worth $809,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tradewinds Capital Management LLC boosted its stake in Monolithic Power Systems by 120.0% during the fourth quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 24 shares in the last quarter. OFI Invest Asset Management bought a new position in shares of Monolithic Power Systems in the fourth quarter valued at $27,000. West Oak Capital LLC lifted its stake in shares of Monolithic Power Systems by 990.9% in the fourth quarter. West Oak Capital LLC now owns 600 shares of the semiconductor company's stock valued at $32,000 after buying an additional 545 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Monolithic Power Systems in the fourth quarter valued at $39,000. Finally, AlphaQuest LLC bought a new position in shares of Monolithic Power Systems in the fourth quarter valued at $41,000. 93.46% of the stock is owned by institutional investors.

Monolithic Power Systems Stock Performance

NASDAQ MPWR opened at $590.98 on Monday. Monolithic Power Systems, Inc. has a 52-week low of $546.71 and a 52-week high of $959.64. The company has a 50-day simple moving average of $636.30 and a 200 day simple moving average of $705.59. The company has a market capitalization of $28.29 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 2.60 and a beta of 1.03.

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

Monolithic Power Systems Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $1.56 dividend. This is an increase from Monolithic Power Systems's previous quarterly dividend of $1.25. The ex-dividend date is Monday, March 31st. This represents a $6.24 annualized dividend and a dividend yield of 1.06%. Monolithic Power Systems's dividend payout ratio (DPR) is presently 16.97%.

Insider Transactions at Monolithic Power Systems

In other news, EVP Maurice Sciammas sold 7,000 shares of Monolithic Power Systems stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $701.98, for a total value of $4,913,860.00. Following the completion of the transaction, the executive vice president now owns 16,015 shares in the company, valued at $11,242,209.70. This trade represents a 30.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.70% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Oppenheimer reaffirmed an "outperform" rating and issued a $800.00 price objective on shares of Monolithic Power Systems in a research note on Friday. Needham & Company LLC raised their price objective on shares of Monolithic Power Systems from $600.00 to $800.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Rosenblatt Securities dropped their price objective on shares of Monolithic Power Systems from $800.00 to $750.00 and set a "neutral" rating on the stock in a research note on Friday. Loop Capital raised their price objective on shares of Monolithic Power Systems from $660.00 to $760.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, KeyCorp raised their price objective on shares of Monolithic Power Systems from $700.00 to $850.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $851.58.

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.

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