Generali Investments Management Co LLC Has $2 Million Stock Position in Monolithic Power Systems, Inc. $MPWR

Generali Investments Management Co LLC raised its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 152.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,174 shares of the semiconductor company’s stock after purchasing an additional 1,313 shares during the quarter. Generali Investments Management Co LLC’s holdings in Monolithic Power Systems were worth $2,001,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC boosted its stake in shares of Monolithic Power Systems by 61.1% in the 3rd quarter. True Wealth Design LLC now owns 29 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 11 shares during the last quarter. Fortress Financial Solutions LLC raised its stake in Monolithic Power Systems by 1.7% during the second quarter. Fortress Financial Solutions LLC now owns 709 shares of the semiconductor company’s stock worth $518,000 after buying an additional 12 shares during the last quarter. Cromwell Holdings LLC lifted its holdings in Monolithic Power Systems by 9.2% in the third quarter. Cromwell Holdings LLC now owns 143 shares of the semiconductor company’s stock valued at $132,000 after buying an additional 12 shares during the period. Sagespring Wealth Partners LLC boosted its position in Monolithic Power Systems by 2.4% during the third quarter. Sagespring Wealth Partners LLC now owns 512 shares of the semiconductor company’s stock valued at $471,000 after acquiring an additional 12 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Monolithic Power Systems by 2.5% during the 3rd quarter. UMB Bank n.a. now owns 492 shares of the semiconductor company’s stock worth $453,000 after acquiring an additional 12 shares during the period. Institutional investors own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on Monolithic Power Systems from $1,200.00 to $1,350.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Stifel Nicolaus lifted their target price on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Oppenheimer restated an “outperform” rating and set a $1,300.00 price target on shares of Monolithic Power Systems in a report on Thursday, January 29th. KeyCorp raised their price objective on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Finally, Citigroup boosted their target price on shares of Monolithic Power Systems from $1,250.00 to $1,350.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $1,218.42.

Monolithic Power Systems Trading Down 4.2%

NASDAQ MPWR opened at $1,180.13 on Friday. The company has a fifty day simple moving average of $1,069.44 and a 200 day simple moving average of $974.39. The company has a market cap of $56.54 billion, a P/E ratio of 92.63, a PEG ratio of 3.12 and a beta of 1.45. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,256.22.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $4.79 EPS for the quarter, beating analysts’ consensus estimates of $4.74 by $0.05. Monolithic Power Systems had a return on equity of 18.09% and a net margin of 22.07%.The business had revenue of $751.16 million during the quarter, compared to analyst estimates of $741.69 million. During the same period in the prior year, the firm posted $4.09 EPS. Monolithic Power Systems’s quarterly revenue was up 20.8% compared to the same quarter last year. Sell-side analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $2.00 per share. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.56. This represents a $8.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, March 31st. Monolithic Power Systems’s dividend payout ratio (DPR) is 48.98%.

Insider Transactions at Monolithic Power Systems

In related news, Director Victor K. Lee sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $951.72, for a total value of $951,720.00. Following the completion of the transaction, the director directly owned 28,567 shares of the company’s stock, valued at approximately $27,187,785.24. This trade represents a 3.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Theodore Blegen sold 21,725 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $1,171.16, for a total transaction of $25,443,451.00. Following the sale, the chief financial officer directly owned 82,353 shares in the company, valued at $96,448,539.48. The trade was a 20.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 101,550 shares of company stock valued at $116,980,720. 3.40% of the stock is currently owned by insiders.

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.