Monolithic Power Systems, Inc. (NASDAQ:MPWR – Get Free Report) EVP Maurice Sciammas sold 30 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $1,343.94, for a total transaction of $40,318.20. Following the transaction, the executive vice president directly owned 1,119 shares in the company, valued at $1,503,868.86. This trade represents a 2.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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 Wednesday, July 1st, Maurice Sciammas sold 30 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,351.61, for a total transaction of $40,548.30.
- On Monday, June 1st, Maurice Sciammas sold 30 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,533.95, for a total transaction of $46,018.50.
- On Friday, May 15th, Maurice Sciammas sold 12,000 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,561.40, for a total transaction of $18,736,800.00.
Monolithic Power Systems Stock Performance
NASDAQ MPWR opened at $1,401.54 on Friday. Monolithic Power Systems, Inc. has a twelve month low of $794.50 and a twelve month high of $1,714.09. The stock has a market cap of $68.86 billion, a PE ratio of 85.93 and a beta of 1.69. The firm has a 50-day simple moving average of $1,414.84 and a 200 day simple moving average of $1,326.92.
Monolithic Power Systems Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is 49.05%.
Analyst Ratings Changes
MPWR has been the topic of several analyst reports. Stifel Nicolaus boosted their price target on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Weiss Ratings downgraded shares of Monolithic Power Systems from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. TD Cowen lifted their target price on shares of Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Needham & Company LLC upped their target price on shares of Monolithic Power Systems from $1,750.00 to $2,000.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Oppenheimer set a $1,700.00 price target on shares of Monolithic Power Systems in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,705.82.
Get Our Latest Stock Analysis on Monolithic Power Systems
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Monolithic Power Systems in the 4th quarter worth about $34,000. IFP Advisors Inc lifted its holdings in Monolithic Power Systems by 171.4% during the 3rd quarter. IFP Advisors Inc now owns 38 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 24 shares during the last quarter. Covestor Ltd boosted its position in Monolithic Power Systems by 29.0% in the fourth quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 9 shares in the last quarter. Greenline Wealth Management LLC acquired a new position in Monolithic Power Systems in the fourth quarter valued at about $38,000. Finally, Sunbelt Securities Inc. grew its stake in Monolithic Power Systems by 233.3% during the first quarter. Sunbelt Securities Inc. now owns 40 shares of the semiconductor company’s stock worth $44,000 after buying an additional 28 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.
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.
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