Edmond DE Rothschild Holding S.A. Invests $3.46 Million in Monolithic Power Systems, Inc. $MPWR

Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) in the 2nd quarter, Holdings Channel reports. The fund purchased 2,506 shares of the semiconductor company’s stock, valued at approximately $3,464,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Royal Fund Management LLC boosted its stake in shares of Monolithic Power Systems by 2.7% during the 1st quarter. Royal Fund Management LLC now owns 264 shares of the semiconductor company’s stock worth $289,000 after acquiring an additional 7 shares during the period. Covestor Ltd raised its holdings in Monolithic Power Systems by 29.0% in the 4th quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 9 shares during the period. Bell Investment Advisors Inc lifted its position in Monolithic Power Systems by 23.7% during the first quarter. Bell Investment Advisors Inc now owns 47 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 9 shares during the last quarter. Resonant Capital Advisors LLC lifted its position in Monolithic Power Systems by 4.1% during the fourth quarter. Resonant Capital Advisors LLC now owns 253 shares of the semiconductor company’s stock worth $230,000 after acquiring an additional 10 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in shares of Monolithic Power Systems by 1.4% during the first quarter. CENTRAL TRUST Co now owns 701 shares of the semiconductor company’s stock worth $766,000 after acquiring an additional 10 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jeff Zhou sold 486 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $1,680.00, for a total value of $816,480.00. Following the transaction, the director directly owned 3,800 shares of the company’s stock, valued at approximately $6,384,000. The trade was a 11.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kuo Wei Herbert Chang sold 50 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $1,420.00, for a total value of $71,000.00. Following the transaction, the director directly owned 565 shares in the company, valued at $802,300. This represents a 8.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 13,191 shares of company stock valued at $21,807,015. Insiders own 3.60% of the company’s stock.

Monolithic Power Systems Stock Performance

Shares of MPWR opened at $1,300.14 on Thursday. The firm has a market cap of $63.89 billion, a PE ratio of 79.71 and a beta of 1.69. Monolithic Power Systems, Inc. has a 52-week low of $800.97 and a 52-week high of $1,714.09. The business’s 50 day moving average price is $1,384.18 and its two-hundred day moving average price is $1,344.93.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last issued its earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, beating the consensus estimate of $5.87 by $0.63. Monolithic Power Systems had a return on equity of 22.31% and a net margin of 24.41%.The company had revenue of $980.64 million during the quarter, compared to the consensus estimate of $903.30 million. During the same period last year, the business posted $4.21 EPS. The firm’s revenue for the quarter was up 47.6% compared to the same quarter last year. Research analysts predict that Monolithic Power Systems, Inc. will post 23.35 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, June 30th. Monolithic Power Systems’s payout ratio is presently 49.05%.

Analysts Set New Price Targets

A number of analysts have issued reports on MPWR shares. KeyCorp boosted their price objective on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Zacks Research upgraded Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 18th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $1,575.00 price target on shares of Monolithic Power Systems in a report on Friday, July 31st. Oppenheimer set a $1,700.00 price objective on shares of Monolithic Power Systems in a research report on Friday, May 1st. Finally, Citigroup reiterated a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, May 1st. One equities research 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,705.82.

Check Out Our Latest Stock Report on Monolithic Power Systems

Monolithic Power Systems Profile

(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

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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