Monolithic Power Systems (NASDAQ:MPWR) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

A number of other equities analysts also recently weighed in on MPWR. Zacks Investment Research raised shares of Monolithic Power Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. KeyCorp reaffirmed a “buy” rating and issued a $115.00 price target on shares of Monolithic Power Systems in a research note on Friday, September 1st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $117.00 price target on shares of Monolithic Power Systems in a research note on Sunday, September 3rd. SunTrust Banks initiated coverage on shares of Monolithic Power Systems in a research note on Tuesday, October 10th. They issued a “buy” rating and a $132.00 price target on the stock. Finally, Deutsche Bank upped their price target on shares of Monolithic Power Systems from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, October 24th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $129.25.

Monolithic Power Systems (NASDAQ:MPWR) opened at $112.45 on Friday. Monolithic Power Systems has a one year low of $81.36 and a one year high of $126.80. The firm has a market cap of $4,670.00, a price-to-earnings ratio of 67.58, a PEG ratio of 3.45 and a beta of 1.25.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly 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. Monolithic Power Systems had a net margin of 15.66% and a return on equity of 15.40%. The business had revenue of $128.90 million for the quarter, compared to the consensus estimate of $126.11 million. During the same period in the prior year, the business posted $0.66 earnings per share. Monolithic Power Systems’s revenue for the quarter was up 21.0% compared to the same quarter last year. equities research analysts predict that Monolithic Power Systems will post 1.8 EPS for the current fiscal year.

In other Monolithic Power Systems news, VP Saria Tseng sold 4,998 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $125.62, for a total transaction of $627,848.76. Following the transaction, the vice president now directly owns 266,726 shares of the company’s stock, valued at $33,506,120.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Maurice Sciammas sold 1,693 shares of the stock in a transaction on Monday, September 18th. The stock was sold at an average price of $104.09, for a total transaction of $176,224.37. Following the transaction, the vice president now directly owns 367,695 shares in the company, valued at $38,273,372.55. The disclosure for this sale can be found here. Insiders have sold 97,994 shares of company stock worth $11,618,273 over the last three months. Company insiders own 4.00% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP acquired a new stake in shares of Monolithic Power Systems in the second quarter valued at about $121,000. D.A. Davidson & CO. grew its position in shares of Monolithic Power Systems by 13.2% in the second quarter. D.A. Davidson & CO. now owns 1,473 shares of the semiconductor company’s stock valued at $141,000 after purchasing an additional 172 shares during the last quarter. Fortaleza Asset Management Inc. grew its position in shares of Monolithic Power Systems by 50.2% in the second quarter. Fortaleza Asset Management Inc. now owns 1,915 shares of the semiconductor company’s stock valued at $185,000 after purchasing an additional 640 shares during the last quarter. Riverhead Capital Management LLC grew its position in shares of Monolithic Power Systems by 74.8% in the second quarter. Riverhead Capital Management LLC now owns 2,097 shares of the semiconductor company’s stock valued at $202,000 after purchasing an additional 897 shares during the last quarter. Finally, Campbell Newman Asset Management Inc. acquired a new stake in shares of Monolithic Power Systems in the second quarter valued at about $203,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Monolithic Power Systems (NASDAQ:MPWR)

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