Advisory Alpha LLC Purchases 81 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Advisory Alpha LLC raised its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 18.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 526 shares of the semiconductor company’s stock after purchasing an additional 81 shares during the period. Advisory Alpha LLC’s holdings in Monolithic Power Systems were worth $311,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. XML Financial LLC increased its stake in Monolithic Power Systems by 3.8% in the fourth quarter. XML Financial LLC now owns 991 shares of the semiconductor company’s stock valued at $586,000 after purchasing an additional 36 shares in the last quarter. Perpetual Ltd raised its holdings in shares of Monolithic Power Systems by 1,042.4% during the fourth quarter. Perpetual Ltd now owns 2,936 shares of the semiconductor company’s stock worth $1,737,000 after acquiring an additional 2,679 shares during the period. Crossmark Global Holdings Inc. raised its holdings in shares of Monolithic Power Systems by 34.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 4,909 shares of the semiconductor company’s stock worth $2,905,000 after acquiring an additional 1,266 shares during the period. Guinness Asset Management LTD raised its holdings in shares of Monolithic Power Systems by 33.4% during the fourth quarter. Guinness Asset Management LTD now owns 890 shares of the semiconductor company’s stock worth $527,000 after acquiring an additional 223 shares during the period. Finally, UMB Bank n.a. raised its holdings in shares of Monolithic Power Systems by 8.1% during the fourth quarter. UMB Bank n.a. now owns 348 shares of the semiconductor company’s stock worth $206,000 after acquiring an additional 26 shares during the period. Institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MPWR shares. Needham & Company LLC decreased their target price on shares of Monolithic Power Systems from $950.00 to $600.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. Rosenblatt Securities downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Stifel Nicolaus raised their target price on shares of Monolithic Power Systems from $1,000.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, September 27th. KeyCorp decreased their target price on shares of Monolithic Power Systems from $1,075.00 to $700.00 and set an “overweight” rating for the company in a research report on Monday, November 18th. Finally, TD Cowen decreased their target price on shares of Monolithic Power Systems from $1,100.00 to $975.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $828.67.

Monolithic Power Systems Stock Performance

Shares of MPWR stock opened at $698.79 on Friday. The company has a market capitalization of $34.09 billion, a price-to-earnings ratio of 78.78, a PEG ratio of 2.45 and a beta of 1.03. The company has a 50-day simple moving average of $600.27 and a 200 day simple moving average of $770.84. Monolithic Power Systems, Inc. has a 52 week low of $546.71 and a 52 week high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings data on Wednesday, October 30th. The semiconductor company reported $2.99 earnings per share for the quarter, missing the consensus estimate of $3.04 by ($0.05). Monolithic Power Systems had a return on equity of 20.44% and a net margin of 21.29%. The business had revenue of $620.12 million during the quarter, compared to analyst estimates of $600.10 million. Sell-side analysts forecast that Monolithic Power Systems, Inc. will post 10.46 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 0.72%. The ex-dividend date was Tuesday, December 31st. Monolithic Power Systems’s dividend payout ratio (DPR) is 56.37%.

Insiders Place Their Bets

In other news, CFO Theodore Blegen sold 734 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $765.15, for a total value of $561,620.10. Following the completion of the transaction, the chief financial officer now directly owns 55,944 shares in the company, valued at approximately $42,805,551.60. The trade was a 1.30 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Deming Xiao sold 866 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $765.14, for a total transaction of $662,611.24. Following the completion of the transaction, the executive vice president now owns 162,239 shares of the company’s stock, valued at $124,135,548.46. The trade was a 0.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,600 shares of company stock worth $4,656,631 in the last quarter. 3.70% of the stock is currently owned by corporate insiders.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.