Monolithic Power Systems (NASDAQ:MPWR) EVP Sells $7,932,150.00 in Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWRGet Free Report) EVP Saria Tseng sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $1,586.43, for a total transaction of $7,932,150.00. Following the completion of the transaction, the executive vice president directly owned 151,783 shares in the company, valued at approximately $240,793,104.69. This represents a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Saria Tseng also recently made the following trade(s):

  • On Wednesday, May 27th, Saria Tseng sold 7,565 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,700.00, for a total transaction of $12,860,500.00.
  • On Wednesday, April 8th, Saria Tseng sold 8,963 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,305.22, for a total transaction of $11,698,686.86.
  • On Monday, April 6th, Saria Tseng sold 7,636 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,167.95, for a total transaction of $8,918,466.20.
  • On Wednesday, April 1st, Saria Tseng sold 1,400 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,133.52, for a total transaction of $1,586,928.00.
  • On Monday, March 30th, Saria Tseng sold 25,674 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,010.50, for a total transaction of $25,943,577.00.

Monolithic Power Systems Trading Down 4.1%

Shares of Monolithic Power Systems stock opened at $1,566.21 on Friday. The firm has a market capitalization of $76.95 billion, a PE ratio of 112.92, a price-to-earnings-growth ratio of 2.92 and a beta of 1.74. The firm’s 50 day moving average is $1,411.52 and its 200 day moving average is $1,161.77. Monolithic Power Systems, Inc. has a 1 year low of $643.36 and a 1 year high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.90 by $0.20. The company had revenue of $804.19 million for the quarter, compared to analyst estimates of $781.93 million. Monolithic Power Systems had a net margin of 22.84% and a return on equity of 19.58%. The firm’s revenue was up 26.1% on a year-over-year basis. During the same period in the previous year, the firm posted $4.04 EPS. As a group, research analysts anticipate that Monolithic Power Systems, Inc. will post 20.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MPWR. Truist Financial set a $1,805.00 price target on shares of Monolithic Power Systems in a report on Friday, May 1st. Stifel Nicolaus lifted their target price on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. William Blair reiterated an “outperform” rating on shares of Monolithic Power Systems in a research report on Thursday, March 5th. Zacks Research downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Finally, Rosenblatt Securities lifted their target price on shares of Monolithic Power Systems from $1,000.00 to $1,575.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,599.17.

View Our Latest Stock Analysis on Monolithic Power Systems

Institutional Investors Weigh In On Monolithic Power Systems

Hedge funds have recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Monolithic Power Systems during the 4th quarter worth approximately $34,000. IFP Advisors Inc lifted its position in shares of Monolithic Power Systems by 171.4% in 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 period. Covestor Ltd lifted its position in shares of Monolithic Power Systems by 29.0% in the 4th quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 9 shares during the period. Greenline Wealth Management LLC acquired a new position in shares of Monolithic Power Systems in the 4th quarter worth approximately $38,000. Finally, Cornerstone Planning Group LLC lifted its position in shares of Monolithic Power Systems by 542.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 45 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 38 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Monolithic Power Systems

Here are the key news stories impacting Monolithic Power Systems this week:

  • Negative Sentiment: EVP Saria Tseng disclosed a sale of 7,565 shares at an average price of $1,700, trimming her position by about 5%. Insiders at Monolithic Power have been actively selling lately, which can signal that management sees less near-term upside. Article Title
  • Negative Sentiment: Director Jeff Zhou also sold 486 shares at $1,680, continuing a recent pattern of insider selling at MPWR. Multiple insider sales in a short period often pressure sentiment, even if the amounts are small relative to total holdings. Article Title
  • Negative Sentiment: Separate coverage noted that insiders have sold roughly $515 million of Monolithic Power stock, reinforcing concerns that the shares may be getting expensive after a strong run. Article Title
  • Negative Sentiment: GuruFocus said MPWR still looks overvalued despite the recent rally, adding to valuation anxiety as the stock trades near its highs. Article Title

Monolithic Power Systems Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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