Maurice Sciammas Sells 30 Shares of Monolithic Power Systems (NASDAQ:MPWR) Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) EVP Maurice Sciammas sold 30 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $1,116.44, for a total value of $33,493.20. Following the sale, the executive vice president directly owned 1,239 shares of the company’s stock, valued at $1,383,269.16. This represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, March 20th, Maurice Sciammas sold 30 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,095.07, for a total transaction of $32,852.10.
• On Wednesday, February 11th, Maurice Sciammas sold 200 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,179.97, for a total transaction of $235,994.00.
• On Friday, February 6th, Maurice Sciammas sold 22,875 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,171.16, for a total transaction of $26,790,285.00.

Monolithic Power Systems Stock Performance

NASDAQ:MPWR remained flat at $1,118.49 during trading hours on Friday. 344,035 shares of the company’s stock were exchanged, compared to its average volume of 555,200. The company has a market capitalization of $54.94 billion, a price-to-earnings ratio of 87.79, a price-to-earnings-growth ratio of 2.83 and a beta of 1.48. The stock has a fifty day moving average price of $1,122.31 and a 200-day moving average price of $1,015.33. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $1,256.22.

Monolithic Power Systems (NASDAQ:MPWR) last issued its 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 18.33% 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 previous year, the company posted $4.09 EPS. The firm’s revenue was up 20.8% compared to the same quarter last year. As a group, equities 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 declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $2.00 per share. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.56. The ex-dividend date is Tuesday, March 31st. This represents a $8.00 dividend on an annualized basis and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 62.79%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. True Wealth Design LLC raised its stake in shares of Monolithic Power Systems by 61.1% during the 3rd quarter. True Wealth Design LLC now owns 29 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 11 shares during the period. SJS Investment Consulting Inc. boosted its stake in Monolithic Power Systems by 2,700.0% in the third quarter. SJS Investment Consulting Inc. now owns 28 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 27 shares during the last quarter. Salomon & Ludwin LLC bought a new position in shares of Monolithic Power Systems during the 3rd quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Monolithic Power Systems during the 4th quarter valued at approximately $34,000. Finally, IFP Advisors Inc increased its stake in shares of Monolithic Power Systems by 171.4% during the 3rd quarter. IFP Advisors Inc now owns 38 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 24 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on MPWR shares. Weiss Ratings cut shares of Monolithic Power Systems from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, March 2nd. Zacks Research upgraded Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. Stifel Nicolaus increased their price target on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. William Blair reaffirmed an “outperform” rating on shares of Monolithic Power Systems in a report on Thursday, March 5th. Finally, Needham & Company LLC upped their target price on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,218.42.

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.