Monolithic Power Systems, Inc. (NASDAQ:MPWR) CEO Michael Hsing sold 18,817 shares of the stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $119.63, for a total transaction of $2,251,077.71. Following the completion of the transaction, the chief executive officer now owns 1,106,269 shares of the company’s stock, valued at $132,342,960.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Michael Hsing also recently made the following trade(s):

  • On Monday, November 6th, Michael Hsing sold 19,765 shares of Monolithic Power Systems stock. The shares were sold at an average price of $123.06, for a total transaction of $2,432,280.90.

Shares of Monolithic Power Systems, Inc. (MPWR) opened at $122.62 on Friday. The firm has a market cap of $4,972.48, a P/E ratio of 72.59, a P/E/G ratio of 3.70 and a beta of 1.28. Monolithic Power Systems, Inc. has a 1-year low of $75.08 and a 1-year high of $125.75.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.02. The firm had revenue of $128.90 million during the quarter, compared to analysts’ expectations of $126.11 million. Monolithic Power Systems had a net margin of 15.66% and a return on equity of 15.40%. The firm’s revenue for the quarter was up 21.0% compared to the same quarter last year. During the same period last year, the firm posted $0.66 earnings per share. sell-side analysts forecast that Monolithic Power Systems, Inc. will post 1.8 EPS for the current fiscal year.

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MPWR has been the subject of several recent analyst reports. Oppenheimer Holdings, Inc. increased their price objective on shares of Monolithic Power Systems from $100.00 to $110.00 in a report on Monday, July 24th. Needham & Company LLC reiterated a “buy” rating and issued a $140.00 price objective (up from $100.00) on shares of Monolithic Power Systems in a report on Thursday, July 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $117.00 price objective (up from $110.00) on shares of Monolithic Power Systems in a report on Thursday, July 27th. BidaskClub cut shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, KeyCorp reiterated a “buy” rating and issued a $115.00 price objective on shares of Monolithic Power Systems in a report on Friday, September 1st. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Monolithic Power Systems has an average rating of “Buy” and a consensus target price of $126.00.

Several large investors have recently modified their holdings of the stock. Sawtooth Solutions LLC lifted its position in shares of Monolithic Power Systems by 0.9% in the 2nd quarter. Sawtooth Solutions LLC now owns 2,519 shares of the semiconductor company’s stock valued at $243,000 after acquiring an additional 23 shares in the last quarter. First National Bank of Hutchinson lifted its position in shares of Monolithic Power Systems by 0.8% in the 2nd quarter. First National Bank of Hutchinson now owns 4,744 shares of the semiconductor company’s stock valued at $498,000 after acquiring an additional 36 shares in the last quarter. Hanseatic Management Services Inc. lifted its position in shares of Monolithic Power Systems by 1.2% in the 2nd quarter. Hanseatic Management Services Inc. now owns 3,740 shares of the semiconductor company’s stock valued at $361,000 after acquiring an additional 45 shares in the last quarter. Renaissance Group LLC lifted its position in shares of Monolithic Power Systems by 1.2% in the 2nd quarter. Renaissance Group LLC now owns 4,152 shares of the semiconductor company’s stock valued at $400,000 after acquiring an additional 49 shares in the last quarter. Finally, Bellwether Investment Group LLC lifted its position in shares of Monolithic Power Systems by 1.9% in the 2nd quarter. Bellwether Investment Group LLC now owns 3,204 shares of the semiconductor company’s stock valued at $309,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 92.85% of the company’s stock.

Monolithic Power Systems Company Profile

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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