Polianta Ltd Makes New Investment in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Polianta Ltd acquired a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,200 shares of the semiconductor company's stock, valued at approximately $1,301,000. Monolithic Power Systems comprises 0.6% of Polianta Ltd's portfolio, making the stock its 29th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. NBC Securities Inc. lifted its position in Monolithic Power Systems by 433.3% during the third quarter. NBC Securities Inc. now owns 32 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 26 shares during the period. Wolff Wiese Magana LLC boosted its stake in shares of Monolithic Power Systems by 3,400.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 35 shares of the semiconductor company's stock worth $32,000 after buying an additional 34 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Monolithic Power Systems in the third quarter worth $36,000. Rakuten Securities Inc. increased its position in Monolithic Power Systems by 410.0% during the third quarter. Rakuten Securities Inc. now owns 51 shares of the semiconductor company's stock valued at $47,000 after acquiring an additional 41 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new position in Monolithic Power Systems in the third quarter valued at about $65,000. 93.46% of the stock is owned by institutional investors.

Monolithic Power Systems Stock Up 4.9 %

Monolithic Power Systems stock traded up $29.16 during midday trading on Monday, reaching $625.82. 1,066,120 shares of the stock traded hands, compared to its average volume of 633,666. Monolithic Power Systems, Inc. has a 12 month low of $546.71 and a 12 month high of $959.64. The stock's fifty day moving average is $599.06 and its 200-day moving average is $774.35. The stock has a market cap of $30.53 billion, a P/E ratio of 70.55, a PEG ratio of 2.26 and a beta of 1.03.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The semiconductor company reported $2.99 earnings per share for the quarter, missing the consensus estimate of $3.04 by ($0.05). Monolithic Power Systems had a return on equity of 20.44% and a net margin of 21.29%. The business had revenue of $620.12 million during the quarter, compared to the consensus estimate of $600.10 million. On average, equities analysts predict that Monolithic Power Systems, Inc. will post 10.46 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend was Tuesday, December 31st. Monolithic Power Systems's dividend payout ratio (DPR) is 56.37%.

Analyst Ratings Changes

A number of analysts have commented on MPWR shares. Stifel Nicolaus upped their target price on shares of Monolithic Power Systems from $1,000.00 to $1,100.00 and gave the company a "buy" rating in a report on Friday, September 27th. Loop Capital raised Monolithic Power Systems from a "hold" rating to a "buy" rating and set a $660.00 price objective on the stock in a research report on Monday, November 18th. KeyCorp decreased their target price on shares of Monolithic Power Systems from $1,075.00 to $700.00 and set an "overweight" rating on the stock in a research note on Monday, November 18th. Wells Fargo & Company assumed coverage on shares of Monolithic Power Systems in a research report on Friday, November 22nd. They issued an "equal weight" rating and a $610.00 price target for the company. Finally, Truist Financial restated a "buy" rating and set a $994.00 target price (up previously from $918.00) on shares of Monolithic Power Systems in a research note on Wednesday, October 2nd. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $828.67.

Insider Transactions at Monolithic Power Systems

In related news, EVP Deming Xiao sold 866 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $765.14, for a total transaction of $662,611.24. Following the completion of the sale, the executive vice president now directly owns 162,239 shares of the company's stock, valued at approximately $124,135,548.46. This trade represents a 0.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Theodore Blegen sold 2,500 shares of the company's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $600.00, for a total value of $1,500,000.00. Following the completion of the transaction, the chief financial officer now directly owns 53,444 shares in the company, valued at $32,066,400. This trade represents a 4.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,600 shares of company stock worth $4,656,631. 3.70% of the stock is currently owned by company insiders.

Monolithic Power Systems Company 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.