Monolithic Power Systems (NASDAQ:MPWR) released its quarterly earnings data on Thursday. The semiconductor company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.80 by $0.02, Bloomberg Earnings reports. Monolithic Power Systems had a return on equity of 16.91% and a net margin of 13.85%. The company had revenue of $129.43 million for the quarter, compared to analyst estimates of $126.19 million. During the same period last year, the company posted $0.65 earnings per share. The firm’s revenue was up 24.9% compared to the same quarter last year.

Shares of Monolithic Power Systems (NASDAQ:MPWR) opened at $110.08 on Friday. Monolithic Power Systems has a 52-week low of $84.45 and a 52-week high of $126.80. The stock has a market capitalization of $4,310.29, a PE ratio of 73.88, a PEG ratio of 2.24 and a beta of 1.27.

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Friday, March 30th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.09%. This is a positive change from Monolithic Power Systems’s previous quarterly dividend of $0.20. The ex-dividend date is Wednesday, March 28th. Monolithic Power Systems’s payout ratio is presently 53.69%.

In related news, CEO Michael Hsing sold 18,817 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $119.63, for a total value of $2,251,077.71. Following the completion of the sale, the chief executive officer now directly owns 1,106,269 shares of the company’s stock, valued at $132,342,960.47. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Theodore Blegen sold 459 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $117.91, for a total value of $54,120.69. Following the completion of the sale, the chief financial officer now directly owns 40,336 shares of the company’s stock, valued at $4,756,017.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 92,399 shares of company stock worth $10,919,514. Corporate insiders own 4.00% of the company’s stock.

MPWR has been the topic of a number of analyst reports. Oppenheimer lifted their target price on Monolithic Power Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Zacks Investment Research lowered Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Stifel Nicolaus lifted their target price on Monolithic Power Systems from $126.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Deutsche Bank lifted their target price on Monolithic Power Systems from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Finally, BidaskClub raised Monolithic Power Systems from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $129.25.

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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.

Earnings History for Monolithic Power Systems (NASDAQ:MPWR)

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