Monolithic Power Systems, Inc. (MPWR) Shares Bought by KAMES CAPITAL plc

KAMES CAPITAL plc lifted its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,675 shares of the semiconductor company’s stock after buying an additional 4,709 shares during the quarter. KAMES CAPITAL plc owned about 0.15% of Monolithic Power Systems worth $6,819,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Simplex Trading LLC bought a new position in shares of Monolithic Power Systems in the fourth quarter valued at $102,000. Parametric Portfolio Associates LLC grew its stake in shares of Monolithic Power Systems by 2.8% in the third quarter. Parametric Portfolio Associates LLC now owns 120,101 shares of the semiconductor company’s stock valued at $12,797,000 after buying an additional 3,245 shares in the last quarter. Visionary Asset Management Inc. bought a new position in shares of Monolithic Power Systems in the third quarter valued at $232,000. Neuberger Berman Group LLC grew its stake in shares of Monolithic Power Systems by 0.8% in the third quarter. Neuberger Berman Group LLC now owns 318,008 shares of the semiconductor company’s stock valued at $33,884,000 after buying an additional 2,373 shares in the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of Monolithic Power Systems by 2.4% in the third quarter. California Public Employees Retirement System now owns 126,844 shares of the semiconductor company’s stock valued at $13,515,000 after buying an additional 2,944 shares in the last quarter. 93.85% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on the stock. BidaskClub raised shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. SunTrust Banks initiated coverage on shares of Monolithic Power Systems in a research note on Tuesday, October 10th. They issued a “buy” rating and a $132.00 target price for the company. Stifel Nicolaus reaffirmed a “buy” rating and set a $117.00 price objective on shares of Monolithic Power Systems in a research report on Wednesday, October 4th. Zacks Investment Research cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, KeyCorp reaffirmed a “buy” rating and set a $125.00 price objective on shares of Monolithic Power Systems in a research report on Friday, October 27th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $129.25.

In related news, CFO Theodore Blegen sold 462 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $120.68, for a total value of $55,754.16. Following the completion of the transaction, the chief financial officer now owns 41,160 shares of the company’s stock, valued at $4,967,188.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Saria Tseng sold 4,998 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $125.62, for a total value of $627,848.76. Following the completion of the transaction, the vice president now directly owns 266,726 shares of the company’s stock, valued at approximately $33,506,120.12. The disclosure for this sale can be found here. In the last three months, insiders sold 97,994 shares of company stock valued at $11,845,568. 4.00% of the stock is currently owned by company insiders.

Monolithic Power Systems, Inc. (NASDAQ MPWR) opened at $119.99 on Friday. Monolithic Power Systems, Inc. has a 52-week low of $84.45 and a 52-week high of $126.80. The company has a market cap of $4,968.74, a price-to-earnings ratio of 74.53, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Thursday, October 26th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate 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%. Monolithic Power Systems’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.66 earnings per share. equities analysts predict that Monolithic Power Systems, Inc. will post 1.8 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were given a $0.20 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.67%. Monolithic Power Systems’s payout ratio is presently 49.69%.

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Monolithic Power Systems 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.

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

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