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

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

Other hedge funds have also recently modified their holdings of the company. Simplex Trading LLC purchased a new stake in shares of Monolithic Power Systems during the 4th quarter valued at approximately $102,000. Quantbot Technologies LP purchased a new stake in Monolithic Power Systems in the 2nd quarter worth approximately $121,000. D.A. Davidson & CO. lifted its stake in Monolithic Power Systems by 13.2% in the 2nd quarter. D.A. Davidson & CO. now owns 1,473 shares of the semiconductor company’s stock worth $141,000 after purchasing an additional 172 shares in the last quarter. Riverhead Capital Management LLC lifted its stake in Monolithic Power Systems by 74.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,097 shares of the semiconductor company’s stock worth $202,000 after purchasing an additional 897 shares in the last quarter. Finally, 1st Global Advisors Inc. purchased a new stake in Monolithic Power Systems in the 2nd quarter worth approximately $209,000. 93.29% of the stock is owned by institutional investors and hedge funds.

Shares of Monolithic Power Systems, Inc. (NASDAQ MPWR) traded down $5.15 during midday trading on Friday, reaching $115.04. 330,668 shares of the company were exchanged, compared to its average volume of 264,162. Monolithic Power Systems, Inc. has a one year low of $84.45 and a one year high of $126.80. The stock has a market cap of $4,776.12, a PE ratio of 71.45, a P/E/G ratio of 2.49 and a beta of 1.27.

The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were issued a $0.20 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.80 annualized dividend and a yield of 0.70%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 49.69%.

A number of equities analysts have recently commented on the stock. Oppenheimer increased their price target on shares of Monolithic Power Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. Deutsche Bank increased their price target on shares of Monolithic Power Systems from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. BidaskClub lowered shares of Monolithic Power Systems from a “buy” rating to a “hold” rating in a report on Saturday, December 16th. Stifel Nicolaus increased their target price on shares of Monolithic Power Systems from $126.00 to $137.00 and gave the company a “buy” rating in a report on Tuesday, November 7th. Finally, Zacks Investment Research raised shares of Monolithic Power Systems from a “hold” rating to a “strong-buy” rating and set a $140.00 target price on the stock in a report on Thursday, November 2nd. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $129.25.

In other Monolithic Power Systems news, Director James C. Moyer sold 15,000 shares of Monolithic Power Systems stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $113.70, for a total value of $1,705,500.00. Following the completion of the transaction, the director now directly owns 720,225 shares of the company’s stock, valued at $81,889,582.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Hsing sold 19,765 shares of Monolithic Power Systems stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $123.06, for a total transaction of $2,432,280.90. Following the completion of the sale, the chief executive officer now owns 1,125,086 shares of the company’s stock, valued at $138,453,083.16. The disclosure for this sale can be found here. Insiders sold 97,982 shares of company stock valued at $11,844,111 over the last ninety days. Corporate insiders own 4.00% of the company’s stock.

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About Monolithic Power Systems

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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