Monolithic Power Systems, Inc. (NASDAQ:MPWR) Stock Holdings Boosted by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 226.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,403 shares of the semiconductor company's stock after purchasing an additional 5,137 shares during the period. Tower Research Capital LLC TRC's holdings in Monolithic Power Systems were worth $4,380,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. raised its position in shares of Monolithic Power Systems by 0.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 3,200 shares of the semiconductor company's stock valued at $1,893,000 after buying an additional 14 shares during the last quarter. WP Advisors LLC increased its position in Monolithic Power Systems by 3.2% during the 4th quarter. WP Advisors LLC now owns 522 shares of the semiconductor company's stock valued at $309,000 after buying an additional 16 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Monolithic Power Systems by 11.5% in the fourth quarter. Allworth Financial LP now owns 155 shares of the semiconductor company's stock worth $92,000 after buying an additional 16 shares during the last quarter. Keybank National Association OH lifted its holdings in shares of Monolithic Power Systems by 1.2% during the fourth quarter. Keybank National Association OH now owns 1,824 shares of the semiconductor company's stock worth $1,079,000 after purchasing an additional 22 shares during the period. Finally, Truvestments Capital LLC increased its holdings in Monolithic Power Systems by 5.0% in the 4th quarter. Truvestments Capital LLC now owns 462 shares of the semiconductor company's stock worth $273,000 after acquiring an additional 22 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Insider Buying and Selling at Monolithic Power Systems

In related news, EVP Maurice Sciammas sold 7,000 shares of the business's stock in a transaction dated 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 sale, the executive vice president now owns 16,015 shares of the company's stock, valued at $11,242,209.70. This represents a 30.41 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MPWR. Loop Capital raised their price target on shares of Monolithic Power Systems from $660.00 to $760.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Rosenblatt Securities lowered their price objective on 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. Wells Fargo & Company reduced their price target on shares of 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. Oppenheimer reaffirmed an "outperform" rating and set a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, March 21st. Finally, Needham & Company LLC upped their target price on shares of Monolithic Power Systems from $600.00 to $800.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $826.17.

Monolithic Power Systems Stock Up 8.2 %

Shares of Monolithic Power Systems stock traded up $43.78 during trading hours on Thursday, hitting $580.75. 1,045,862 shares of the company's stock traded hands, compared to its average volume of 773,966. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $959.64. The stock has a 50 day simple moving average of $581.71 and a 200-day simple moving average of $648.85. The company has a market cap of $27.80 billion, a PE ratio of 15.79, a PEG ratio of 2.60 and a beta of 1.21.

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

Monolithic Power Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $1.56 dividend. 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 1.07%. The ex-dividend date was Monday, March 31st. Monolithic Power Systems's payout ratio is currently 16.97%.

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.