Monolithic Power Systems, Inc. (NASDAQ:MPWR) Director James C. Moyer sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $105.20, for a total value of $1,578,000.00. Following the sale, the director now directly owns 761,201 shares in the company, valued at $80,078,345.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

James C. Moyer also recently made the following trade(s):

  • On Tuesday, August 1st, James C. Moyer sold 12,000 shares of Monolithic Power Systems stock. The stock was sold at an average price of $103.12, for a total value of $1,237,440.00.

Monolithic Power Systems, Inc. (NASDAQ MPWR) traded down 1.84% on Wednesday, hitting $103.82. The stock had a trading volume of 535,235 shares. The stock has a market cap of $4.30 billion, a PE ratio of 73.22 and a beta of 1.22. Monolithic Power Systems, Inc. has a 12 month low of $74.07 and a 12 month high of $107.87. The firm’s 50 day moving average price is $101.38 and its 200-day moving average price is $96.52.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.01. The business had revenue of $112.20 million during the quarter, compared to the consensus estimate of $110.94 million. Monolithic Power Systems had a net margin of 14.30% and a return on equity of 14.10%. The business’s revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.54 EPS. On average, analysts forecast that Monolithic Power Systems, Inc. will post $2.87 EPS for the current year.

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MPWR has been the topic of several analyst reports. Pacific Crest reissued an “overweight” rating and set a $110.00 price objective on shares of Monolithic Power Systems in a research note on Wednesday, June 21st. Zacks Investment Research cut Monolithic Power Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th. BidaskClub cut Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 5th. Oppenheimer Holdings, Inc. boosted their price objective on Monolithic Power Systems from $100.00 to $110.00 in a research note on Monday, July 24th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $117.00 target price (up previously from $110.00) on shares of Monolithic Power Systems in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $112.63.

Several hedge funds and other institutional investors have recently made changes to their positions in MPWR. Strs Ohio increased its holdings in shares of Monolithic Power Systems by 10.2% during the 1st quarter. Strs Ohio now owns 5,400 shares of the semiconductor company’s stock worth $497,000 after buying an additional 500 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Monolithic Power Systems by 1.5% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 13,112 shares of the semiconductor company’s stock worth $1,208,000 after buying an additional 200 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in shares of Monolithic Power Systems by 4.1% during the 1st quarter. Great West Life Assurance Co. Can now owns 22,066 shares of the semiconductor company’s stock worth $2,031,000 after buying an additional 877 shares during the last quarter. State Treasurer State of Michigan increased its holdings in shares of Monolithic Power Systems by 2.0% during the 1st quarter. State Treasurer State of Michigan now owns 15,400 shares of the semiconductor company’s stock worth $1,418,000 after buying an additional 300 shares during the last quarter. Finally, Comerica Bank increased its holdings in shares of Monolithic Power Systems by 5.5% during the 1st quarter. Comerica Bank now owns 30,341 shares of the semiconductor company’s stock worth $2,866,000 after buying an additional 1,572 shares during the last quarter. Institutional investors and hedge funds own 93.37% of the company’s stock.

About Monolithic Power Systems

Monolithic Power Systems, Inc designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment.

Insider Buying and Selling by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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