WINTON GROUP Ltd Invests $1.45 Million in Monolithic Power Systems, Inc. $MPWR

WINTON GROUP Ltd bought a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,575 shares of the semiconductor company’s stock, valued at approximately $1,450,000.

A number of other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Monolithic Power Systems by 46.0% during the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock worth $376,000 after purchasing an additional 200 shares during the last quarter. Empowered Funds LLC increased its position in shares of Monolithic Power Systems by 3.1% during the 1st quarter. Empowered Funds LLC now owns 5,325 shares of the semiconductor company’s stock valued at $3,088,000 after purchasing an additional 161 shares during the last quarter. Savant Capital LLC raised its holdings in shares of Monolithic Power Systems by 48.3% during the 2nd quarter. Savant Capital LLC now owns 2,094 shares of the semiconductor company’s stock valued at $1,532,000 after buying an additional 682 shares in the last quarter. Penserra Capital Management LLC lifted its position in Monolithic Power Systems by 1.8% in the 2nd quarter. Penserra Capital Management LLC now owns 1,160 shares of the semiconductor company’s stock worth $847,000 after buying an additional 21 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Monolithic Power Systems in the 2nd quarter worth approximately $1,505,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Saria Tseng sold 22,875 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $1,171.16, for a total value of $26,790,285.00. Following the sale, the executive vice president owned 200,626 shares of the company’s stock, valued at $234,965,146.16. This trade represents a 10.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Victor K. Lee sold 400 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $1,212.16, for a total transaction of $484,864.00. Following the completion of the transaction, the director owned 27,756 shares in the company, valued at $33,644,712.96. The trade was a 1.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 98,550 shares of company stock worth $114,256,090 over the last ninety days. 3.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MPWR shares. Rosenblatt Securities increased their price target on shares of Monolithic Power Systems from $950.00 to $1,000.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Needham & Company LLC boosted their price objective on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Citigroup upped their price objective on shares of Monolithic Power Systems from $1,250.00 to $1,350.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Weiss Ratings lowered shares of Monolithic Power Systems from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, March 2nd. Finally, Wells Fargo & Company lifted their target price on shares of Monolithic Power Systems from $1,200.00 to $1,350.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Monolithic Power Systems presently has an average rating of “Moderate Buy” and an average target price of $1,218.42.

Monolithic Power Systems Price Performance

MPWR opened at $1,055.82 on Wednesday. The stock’s 50 day simple moving average is $1,092.36 and its 200 day simple moving average is $990.35. The firm has a market cap of $51.86 billion, a price-to-earnings ratio of 82.87, a PEG ratio of 2.69 and a beta of 1.45. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $1,256.22.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $4.79 earnings per share for the quarter, beating the consensus estimate of $4.74 by $0.05. Monolithic Power Systems had a return on equity of 18.33% and a net margin of 22.07%.The firm had revenue of $751.16 million during the quarter, compared to the consensus estimate of $741.69 million. During the same quarter in the previous year, the company posted $4.09 earnings per share. The business’s revenue was up 20.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a dividend of $2.00 per share. The ex-dividend date is Tuesday, March 31st. This represents a $8.00 dividend on an annualized basis and a yield of 0.8%. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $1.56. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 48.98%.

Monolithic Power Systems Company Profile

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.