Monolithic Power Systems, Inc. (NASDAQ:MPWR) Stock Position Lessened by Natixis Advisors LLC

Natixis Advisors LLC reduced its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,683 shares of the semiconductor company's stock after selling 16,625 shares during the period. Natixis Advisors LLC owned approximately 0.31% of Monolithic Power Systems worth $88,568,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in MPWR. Tradewinds Capital Management LLC grew its stake in shares of Monolithic Power Systems by 120.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company's stock valued at $26,000 after buying an additional 24 shares in the last quarter. OFI Invest Asset Management acquired a new stake in Monolithic Power Systems in the fourth quarter valued at approximately $27,000. Golden State Wealth Management LLC purchased a new stake in shares of Monolithic Power Systems during the fourth quarter valued at approximately $39,000. AlphaQuest LLC purchased a new stake in shares of Monolithic Power Systems during the fourth quarter valued at approximately $41,000. Finally, Versant Capital Management Inc lifted its position in shares of Monolithic Power Systems by 60.3% during the fourth quarter. Versant Capital Management Inc now owns 109 shares of the semiconductor company's stock worth $64,000 after purchasing 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 Up 5.7 %

Shares of NASDAQ:MPWR traded up $34.58 on Monday, reaching $640.64. 1,109,685 shares of the company's stock were exchanged, compared to its average volume of 674,156. The business's 50-day moving average is $636.23 and its two-hundred day moving average is $715.42. Monolithic Power Systems, Inc. has a fifty-two week low of $546.71 and a fifty-two week high of $959.64. The firm has a market capitalization of $30.66 billion, a price-to-earnings ratio of 17.42, a PEG 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 quarterly earnings data on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share 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%. Analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued 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 0.97%. Monolithic Power Systems's dividend payout ratio (DPR) is 16.97%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MPWR shares. Citigroup started coverage on Monolithic Power Systems in a research note on Wednesday, December 11th. They set a "buy" rating and a $700.00 target price for the company. KeyCorp raised their price objective on Monolithic Power Systems from $700.00 to $850.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. Wells Fargo & Company upped their target price on Monolithic Power Systems from $610.00 to $710.00 and gave the company an "equal weight" rating in a research report on Friday, February 7th. Rosenblatt Securities reissued a "neutral" rating and set a $880.00 price target on shares of Monolithic Power Systems in a research report on Thursday, February 6th. Finally, Loop Capital upped their price target on shares of Monolithic Power Systems from $660.00 to $760.00 and gave the company a "buy" rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $866.17.

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 7,000 shares of the company's 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 approximately $11,242,209.70. This represents a 30.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 3.70% of the company's stock.

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.