Polen Capital Management LLC Invests $252,000 in Monolithic Power Systems, Inc. (MPWR) Stock

Polen Capital Management LLC purchased a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,246 shares of the semiconductor company’s stock, valued at approximately $252,000.

A number of other institutional investors have also bought and sold shares of the stock. ETRADE Capital Management LLC boosted its holdings in shares of Monolithic Power Systems by 5.8% during the third quarter. ETRADE Capital Management LLC now owns 7,854 shares of the semiconductor company’s stock worth $837,000 after acquiring an additional 430 shares during the period. Asset Management One Co. Ltd. boosted its holdings in shares of Monolithic Power Systems by 12.1% during the third quarter. Asset Management One Co. Ltd. now owns 4,180 shares of the semiconductor company’s stock worth $445,000 after acquiring an additional 451 shares during the period. HL Financial Services LLC boosted its holdings in shares of Monolithic Power Systems by 0.9% during the fourth quarter. HL Financial Services LLC now owns 54,447 shares of the semiconductor company’s stock worth $6,118,000 after acquiring an additional 508 shares during the period. Campbell Newman Asset Management Inc. boosted its holdings in shares of Monolithic Power Systems by 22.8% during the fourth quarter. Campbell Newman Asset Management Inc. now owns 2,965 shares of the semiconductor company’s stock worth $333,000 after acquiring an additional 551 shares during the period. Finally, Whittier Trust Co. boosted its holdings in shares of Monolithic Power Systems by 1.4% during the third quarter. Whittier Trust Co. now owns 41,262 shares of the semiconductor company’s stock worth $4,396,000 after acquiring an additional 584 shares during the period. Institutional investors and hedge funds own 92.25% of the company’s stock.

Shares of Monolithic Power Systems, Inc. (NASDAQ MPWR) opened at $116.17 on Friday. Monolithic Power Systems, Inc. has a 1 year low of $85.02 and a 1 year high of $126.80. The firm has a market cap of $4,701.97, a P/E ratio of 77.97, a PEG ratio of 2.37 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Thursday, February 8th. The semiconductor company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.02. Monolithic Power Systems had a net margin of 13.85% and a return on equity of 16.51%. The company had revenue of $129.43 million during the quarter, compared to the consensus estimate of $126.19 million. During the same period in the previous year, the business earned $0.65 earnings per share. The firm’s quarterly revenue was up 24.9% on a year-over-year basis. equities research analysts expect that Monolithic Power Systems, Inc. will post 2.64 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Friday, March 30th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.03%. This is an increase 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 other news, CFO Theodore Blegen sold 459 shares of Monolithic Power Systems stock in a transaction that occurred on 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 in the company, valued at $4,756,017.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Michael Hsing sold 96,181 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $108.19, for a total transaction of $10,405,822.39. Following the completion of the sale, the chief executive officer now owns 1,318,001 shares of the company’s stock, valued at $142,594,528.19. The disclosure for this sale can be found here. Over the last quarter, insiders sold 235,917 shares of company stock valued at $26,230,041. 4.00% of the stock is owned by company insiders.

MPWR has been the subject of a number of research analyst reports. Deutsche Bank boosted their price objective on Monolithic Power Systems from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. BidaskClub cut Monolithic Power Systems from a “buy” rating to a “hold” rating in a report on Saturday, December 16th. Stifel Nicolaus boosted their price objective on Monolithic Power Systems from $117.00 to $126.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Oppenheimer boosted their price objective on Monolithic Power Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. Finally, KeyCorp restated a “buy” rating and set a $125.00 price objective on shares of Monolithic Power Systems in a report on Friday, October 27th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Monolithic Power Systems currently has an average rating of “Buy” and an average price target of $129.25.

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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.

Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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