Level Four Advisory Services LLC Acquires 646 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Level Four Advisory Services LLC grew its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 8.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,509 shares of the semiconductor company's stock after acquiring an additional 646 shares during the period. Level Four Advisory Services LLC's holdings in Monolithic Power Systems were worth $5,035,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Tradewinds Capital Management LLC increased its holdings in Monolithic Power Systems by 120.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 24 shares in the last quarter. OFI Invest Asset Management purchased a new stake in shares of Monolithic Power Systems in the fourth quarter worth approximately $27,000. Golden State Wealth Management LLC bought a new position in shares of Monolithic Power Systems in the fourth quarter valued at approximately $39,000. AlphaQuest LLC bought a new stake in Monolithic Power Systems during the fourth quarter worth $41,000. Finally, Versant Capital Management Inc lifted its stake in Monolithic Power Systems by 60.3% during the 4th quarter. Versant Capital Management Inc now owns 109 shares of the semiconductor company's stock valued at $64,000 after acquiring an additional 41 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Monolithic Power Systems Price Performance

Monolithic Power Systems stock traded up $0.09 during mid-day trading on Monday, reaching $579.98. 1,141,363 shares of the company traded hands, compared to its average volume of 717,397. Monolithic Power Systems, Inc. has a 52-week low of $546.71 and a 52-week high of $959.64. The firm's 50 day moving average price is $637.11 and its 200 day moving average price is $697.25. The firm has a market capitalization of $27.76 billion, a price-to-earnings ratio of 15.77, a P/E/G ratio of 2.60 and a beta of 1.03.

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Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its earnings results on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share 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%. On average, sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $1.56 dividend. This is a boost from Monolithic Power Systems's previous quarterly dividend of $1.25. The ex-dividend date is Monday, March 31st. This represents a $6.24 dividend on an annualized basis and a yield of 1.08%. Monolithic Power Systems's payout ratio is presently 16.97%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MPWR shares. Rosenblatt Securities reduced their price objective on shares of Monolithic Power Systems from $800.00 to $750.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Loop Capital lifted their price target on Monolithic Power Systems from $660.00 to $760.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Wells Fargo & Company decreased their target price on Monolithic Power Systems from $710.00 to $665.00 and set an "equal weight" rating for the company in a research report on Friday, March 21st. Needham & Company LLC increased their price target on shares of Monolithic Power Systems from $600.00 to $800.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, Citigroup began coverage on Monolithic Power Systems in a research report on Wednesday, December 11th. They set a "buy" rating and a $700.00 price target on the stock. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $851.58.

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 7,000 shares of the business's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $701.98, for a total transaction of $4,913,860.00. Following the completion of the sale, the executive vice president now directly owns 16,015 shares in the company, valued at $11,242,209.70. The trade was a 30.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.70% of the stock is owned by insiders.

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.