Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Maurice Sciammas sold 1,693 shares of the company’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $114.66, for a total value of $194,119.38. Following the sale, the vice president now owns 360,395 shares of the company’s stock, valued at $41,322,890.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Maurice Sciammas also recently made the following trade(s):
- On Monday, November 6th, Maurice Sciammas sold 5,607 shares of Monolithic Power Systems stock. The stock was sold at an average price of $123.06, for a total value of $689,997.42.
Monolithic Power Systems, Inc. (MPWR) traded up $1.70 during trading hours on Thursday, reaching $121.72. 213,225 shares of the company’s stock were exchanged, compared to its average volume of 219,630. The stock has a market cap of $5,010.00, a PE ratio of 75.14, a P/E/G ratio of 2.60 and a beta of 1.26. Monolithic Power Systems, Inc. has a one year low of $84.45 and a one year high of $126.80.
Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.02. The company had revenue of $128.90 million during the quarter, compared to analysts’ expectations of $126.11 million. Monolithic Power Systems had a net margin of 15.66% and a return on equity of 15.40%. The firm’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.66 EPS. analysts forecast that Monolithic Power Systems, Inc. will post 1.8 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.66%. Monolithic Power Systems’s payout ratio is currently 49.38%.
Large investors have recently bought and sold shares of the business. AGF Investments America Inc. boosted its position in Monolithic Power Systems by 23.9% in the 2nd quarter. AGF Investments America Inc. now owns 53,083 shares of the semiconductor company’s stock valued at $5,117,000 after buying an additional 10,229 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Monolithic Power Systems by 9.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 349,139 shares of the semiconductor company’s stock valued at $37,159,000 after buying an additional 28,997 shares during the last quarter. AGF Investments Inc. lifted its position in shares of Monolithic Power Systems by 28.9% during the second quarter. AGF Investments Inc. now owns 9,572 shares of the semiconductor company’s stock worth $923,000 after purchasing an additional 2,146 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Monolithic Power Systems by 166.3% during the second quarter. Franklin Resources Inc. now owns 799,631 shares of the semiconductor company’s stock worth $77,086,000 after purchasing an additional 499,387 shares during the last quarter. Finally, Frontier Capital Management Co. LLC lifted its position in shares of Monolithic Power Systems by 4.1% during the third quarter. Frontier Capital Management Co. LLC now owns 1,210,304 shares of the semiconductor company’s stock worth $128,958,000 after purchasing an additional 47,751 shares during the last quarter. 93.85% of the stock is owned by institutional investors.
Several analysts recently issued reports on the company. Zacks Investment Research upgraded Monolithic Power Systems from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. BidaskClub upgraded Monolithic Power Systems from a “hold” rating to a “buy” rating in a report on Friday, December 22nd. Stifel Nicolaus increased their price target on Monolithic Power Systems from $117.00 to $126.00 and gave the company a “buy” rating in a report on Friday, October 27th. SunTrust Banks assumed coverage on Monolithic Power Systems in a report on Tuesday, October 10th. They issued a “buy” rating and a $132.00 price target for the company. Finally, KeyCorp reiterated a “buy” rating and issued a $125.00 price target on shares of Monolithic Power Systems in a report on Friday, October 27th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Monolithic Power Systems currently has an average rating of “Buy” and a consensus target price of $129.25.
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Monolithic Power Systems Company Profile
Monolithic Power Systems, Inc designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment.
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