Monolithic Power Systems, Inc. $MPWR Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 19.2% during the 4th quarter, Holdings Channel reports. The firm owned 5,083 shares of the semiconductor company’s stock after selling 1,210 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Monolithic Power Systems were worth $4,607,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MPWR. True Wealth Design LLC increased its position 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 valued at $26,000 after purchasing an additional 11 shares during the period. SJS Investment Consulting Inc. increased its position in shares of Monolithic Power Systems by 2,700.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 28 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 27 shares during the period. Salomon & Ludwin LLC acquired a new position in shares of Monolithic Power Systems during the 3rd quarter valued at $33,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Monolithic Power Systems during the 4th quarter valued at $34,000. Finally, IFP Advisors Inc increased its position 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 valued at $35,000 after purchasing an additional 24 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MPWR. Rosenblatt Securities lifted their target price on Monolithic Power Systems from $950.00 to $1,000.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Wells Fargo & Company lifted their target price on Monolithic Power Systems from $1,200.00 to $1,350.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. William Blair restated an “outperform” rating on shares of Monolithic Power Systems in a report on Thursday, March 5th. KeyCorp lifted their target price on Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Finally, Stifel Nicolaus lifted their target price on Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock a “buy” rating in a report on Thursday. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Monolithic Power Systems has a consensus rating of “Moderate Buy” and an average price target of $1,235.08.

Monolithic Power Systems Stock Up 3.7%

Shares of NASDAQ MPWR opened at $1,402.81 on Friday. The stock has a market capitalization of $68.90 billion, a price-to-earnings ratio of 110.11, a PEG ratio of 3.43 and a beta of 1.48. The stock’s fifty day simple moving average is $1,155.41 and its 200 day simple moving average is $1,043.38. Monolithic Power Systems, Inc. has a 52-week low of $496.40 and a 52-week high of $1,405.14.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, February 5th. The semiconductor company reported $4.79 EPS for the quarter, topping the consensus estimate of $4.74 by $0.05. The business had revenue of $751.16 million during the quarter, compared to analysts’ expectations of $741.69 million. Monolithic Power Systems had a return on equity of 18.33% and a net margin of 22.07%.Monolithic Power Systems’s revenue was up 20.8% compared to the same quarter last year. During the same quarter last year, the firm posted $4.09 earnings per share. As a group, analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 0.6%. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.56. The ex-dividend date of this dividend was Tuesday, March 31st. Monolithic Power Systems’s payout ratio is 62.79%.

Insiders Place Their Bets

In other news, Director Victor K. Lee sold 400 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $1,212.16, for a total value of $484,864.00. Following the completion of the sale, the director owned 27,756 shares of the company’s stock, valued at $33,644,712.96. This trade represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Theodore Blegen sold 21,725 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $1,171.16, for a total value of $25,443,451.00. Following the completion of the sale, the chief financial officer directly owned 82,353 shares of the company’s stock, valued at approximately $96,448,539.48. This trade represents a 20.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 137,683 shares of company stock worth $158,138,447. 3.40% of the stock is currently owned by corporate insiders.

Monolithic Power Systems 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.