Monolithic Power Systems, Inc. (NASDAQ:MPWR) Shares Purchased by World Investment Advisors

World Investment Advisors boosted its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 370.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,865 shares of the semiconductor company's stock after buying an additional 3,043 shares during the period. World Investment Advisors' holdings in Monolithic Power Systems were worth $2,287,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tradewinds Capital Management LLC boosted its position in shares of Monolithic Power Systems by 120.0% during 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 during the last quarter. OFI Invest Asset Management bought a new stake in shares of Monolithic Power Systems in the fourth quarter worth approximately $27,000. Golden State Wealth Management LLC purchased a new position in shares of Monolithic Power Systems during the fourth quarter valued at approximately $39,000. AlphaQuest LLC bought a new position in Monolithic Power Systems during the fourth quarter valued at approximately $41,000. Finally, Versant Capital Management Inc boosted its holdings in Monolithic Power Systems by 60.3% in 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 during the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insiders Place Their Bets

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 7,000 shares of the company's stock in a transaction on 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 transaction, the executive vice president now directly owns 16,015 shares in the company, valued at approximately $11,242,209.70. This represents a 30.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.70% of the stock is currently owned by company insiders.

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Monolithic Power Systems Trading Down 12.9 %

Shares of MPWR traded down $72.74 during mid-day trading on Thursday, hitting $489.10. The company's stock had a trading volume of 479,856 shares, compared to its average volume of 744,922. The company's 50-day moving average is $613.29 and its 200-day moving average is $674.60. The firm has a market capitalization of $23.41 billion, a price-to-earnings ratio of 13.22, a PEG ratio of 2.60 and a beta of 1.21. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings results 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%. As a group, sell-side 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 firm 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 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 1.28%. Monolithic Power Systems's dividend payout ratio is presently 16.97%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Citigroup started coverage on Monolithic Power Systems in a research report on Wednesday, December 11th. They issued a "buy" rating and a $700.00 target price on the stock. Rosenblatt Securities cut their price objective on Monolithic Power Systems from $800.00 to $750.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Loop Capital lifted 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. 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 report on Friday, February 7th. Finally, KeyCorp upped their target price on shares of Monolithic Power Systems from $700.00 to $850.00 and gave the stock an "overweight" rating in a 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's stock. Based on data from MarketBeat.com, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average 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.