Monolithic Power Systems, Inc. (MPWR) VP Sells $516,635.00 in Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Maurice Sciammas sold 3,563 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $145.00, for a total transaction of $516,635.00. Following the transaction, the vice president now owns 445,166 shares in the company, valued at approximately $64,549,070. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Maurice Sciammas also recently made the following trade(s):

  • On Wednesday, April 3rd, Maurice Sciammas sold 3,008 shares of Monolithic Power Systems stock. The stock was sold at an average price of $142.00, for a total transaction of $427,136.00.
  • On Thursday, March 28th, Maurice Sciammas sold 4,181 shares of Monolithic Power Systems stock. The stock was sold at an average price of $134.62, for a total transaction of $562,846.22.
  • On Monday, April 1st, Maurice Sciammas sold 14,470 shares of Monolithic Power Systems stock. The stock was sold at an average price of $137.25, for a total transaction of $1,986,007.50.
  • On Tuesday, February 12th, Maurice Sciammas sold 23,020 shares of Monolithic Power Systems stock. The stock was sold at an average price of $130.66, for a total transaction of $3,007,793.20.
  • On Monday, February 4th, Maurice Sciammas sold 4,615 shares of Monolithic Power Systems stock. The stock was sold at an average price of $129.59, for a total transaction of $598,057.85.

MPWR traded down $0.67 during trading on Monday, hitting $151.57. 198,057 shares of the company traded hands, compared to its average volume of 301,074. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 63.42, a PEG ratio of 2.08 and a beta of 1.43. Monolithic Power Systems, Inc. has a 1 year low of $101.99 and a 1 year high of $153.54.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Tuesday, February 12th. The semiconductor company reported $0.99 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.31. The company had revenue of $153.50 million during the quarter, compared to analysts’ expectations of $153.63 million. Monolithic Power Systems had a net margin of 18.08% and a return on equity of 18.22%. Monolithic Power Systems’s quarterly revenue was up 18.6% on a year-over-year basis. During the same period last year, the company posted $0.82 earnings per share. On average, analysts anticipate that Monolithic Power Systems, Inc. will post 2.87 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $1.60 annualized dividend and a yield of 1.06%. This is a positive change from Monolithic Power Systems’s previous quarterly dividend of $0.30. Monolithic Power Systems’s dividend payout ratio (DPR) is 66.95%.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Monolithic Power Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, April 10th. BidaskClub upgraded shares of Monolithic Power Systems from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, March 12th. Needham & Company LLC restated a “buy” rating and set a $145.00 price objective on shares of Monolithic Power Systems in a research report on Monday, March 4th. Deutsche Bank increased their price objective on shares of Monolithic Power Systems from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, February 13th. Finally, ValuEngine upgraded shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research report on Thursday, January 10th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Monolithic Power Systems presently has an average rating of “Buy” and an average price target of $148.88.

A number of hedge funds have recently added to or reduced their stakes in the business. Suntrust Banks Inc. lifted its position in Monolithic Power Systems by 3.9% during the fourth quarter. Suntrust Banks Inc. now owns 2,425 shares of the semiconductor company’s stock valued at $282,000 after purchasing an additional 91 shares during the last quarter. Campbell Newman Asset Management Inc. lifted its position in Monolithic Power Systems by 2.4% during the first quarter. Campbell Newman Asset Management Inc. now owns 3,912 shares of the semiconductor company’s stock valued at $530,000 after purchasing an additional 92 shares during the last quarter. M&T Bank Corp lifted its position in Monolithic Power Systems by 5.9% during the fourth quarter. M&T Bank Corp now owns 1,804 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 101 shares during the last quarter. MML Investors Services LLC lifted its position in Monolithic Power Systems by 2.8% during the fourth quarter. MML Investors Services LLC now owns 3,885 shares of the semiconductor company’s stock valued at $452,000 after purchasing an additional 104 shares during the last quarter. Finally, Meeder Asset Management Inc. lifted its position in Monolithic Power Systems by 81.3% during the fourth quarter. Meeder Asset Management Inc. now owns 310 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 139 shares during the last quarter. Institutional investors and hedge funds own 99.17% of the company’s stock.

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About Monolithic Power Systems

Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment.

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