Monolithic Power Systems, Inc. $MPWR Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 6.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 36,039 shares of the semiconductor company’s stock after selling 2,621 shares during the period. Vontobel Holding Ltd. owned about 0.08% of Monolithic Power Systems worth $33,179,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MPWR. BLB&B Advisors LLC raised its position in shares of Monolithic Power Systems by 9.1% during the 2nd quarter. BLB&B Advisors LLC now owns 9,205 shares of the semiconductor company’s stock worth $6,732,000 after purchasing an additional 768 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Monolithic Power Systems by 87.9% during the 1st quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company’s stock valued at $164,771,000 after buying an additional 132,880 shares during the last quarter. AXA S.A. increased its position in Monolithic Power Systems by 47.8% during the second quarter. AXA S.A. now owns 104,584 shares of the semiconductor company’s stock worth $76,491,000 after buying an additional 33,834 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Monolithic Power Systems by 35.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,002 shares of the semiconductor company’s stock worth $6,585,000 after acquiring an additional 2,379 shares during the last quarter. Finally, Summit Place Financial Advisors LLC acquired a new position in shares of Monolithic Power Systems in the second quarter worth $1,027,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on MPWR shares. Weiss Ratings upgraded shares of Monolithic Power Systems from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Needham & Company LLC lifted their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a “buy” rating in a report on Monday, September 29th. Wells Fargo & Company boosted their price objective on shares of Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Stifel Nicolaus increased their target price on Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Cowen reiterated a “buy” rating on shares of Monolithic Power Systems in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,074.58.

Monolithic Power Systems Trading Up 1.0%

Shares of NASDAQ MPWR opened at $952.94 on Wednesday. The stock has a fifty day moving average price of $967.19 and a 200 day moving average price of $864.06. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,123.38. The company has a market cap of $45.66 billion, a P/E ratio of 24.38, a P/E/G ratio of 3.19 and a beta of 1.47.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $4.62 by $0.11. The company had revenue of $737.18 million for the quarter, compared to analysts’ expectations of $720.66 million. Monolithic Power Systems had a return on equity of 18.37% and a net margin of 71.22%.The firm’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.06 earnings per share. On average, sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, December 31st. Monolithic Power Systems’s dividend payout ratio (DPR) is 15.93%.

Insider Buying and Selling at Monolithic Power Systems

In related news, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total value of $2,739,660.00. Following the sale, the chief financial officer directly owned 37,940 shares of the company’s stock, valued at $34,647,566.80. This represents a 7.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Maurice Sciammas sold 27,966 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $881.66, for a total transaction of $24,656,503.56. Following the transaction, the executive vice president directly owned 148,306 shares of the company’s stock, valued at approximately $130,755,467.96. This represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 86,516 shares of company stock valued at $80,331,635 in the last three months. Corporate insiders own 3.40% of the company’s stock.

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.