Headlands Technologies LLC Has $732,000 Stock Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Headlands Technologies LLC raised its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 2,220.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,160 shares of the semiconductor company’s stock after buying an additional 1,110 shares during the quarter. Headlands Technologies LLC’s holdings in Monolithic Power Systems were worth $732,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in MPWR. Arlington Trust Co LLC boosted its holdings in Monolithic Power Systems by 56.1% in the 4th quarter. Arlington Trust Co LLC now owns 64 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 23 shares during the period. Operose Advisors LLC acquired a new position in shares of Monolithic Power Systems in the 3rd quarter valued at $43,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Monolithic Power Systems in the 4th quarter valued at about $43,000. Lindbrook Capital LLC increased its position in Monolithic Power Systems by 137.0% in the 4th quarter. Lindbrook Capital LLC now owns 109 shares of the semiconductor company’s stock valued at $69,000 after acquiring an additional 63 shares in the last quarter. Finally, Private Trust Co. NA increased its position in Monolithic Power Systems by 145.8% in the 4th quarter. Private Trust Co. NA now owns 118 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 70 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MPWR has been the subject of several research reports. Stifel Nicolaus raised their price objective on shares of Monolithic Power Systems from $600.00 to $700.00 and gave the company a “buy” rating in a research report on Tuesday, January 2nd. Needham & Company LLC raised their target price on shares of Monolithic Power Systems from $500.00 to $800.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Oppenheimer raised their target price on shares of Monolithic Power Systems from $600.00 to $700.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. TD Cowen lifted their price objective on shares of Monolithic Power Systems from $650.00 to $800.00 and gave the stock an “outperform” rating in a research note on Thursday, February 8th. Finally, KeyCorp lifted their price objective on shares of Monolithic Power Systems to $850.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Monolithic Power Systems presently has an average rating of “Moderate Buy” and an average price target of $670.30.

Insider Activity at Monolithic Power Systems

In other news, CFO Theodore Blegen sold 2,500 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $603.26, for a total transaction of $1,508,150.00. Following the completion of the sale, the chief financial officer now directly owns 84,768 shares of the company’s stock, valued at approximately $51,137,143.68. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO Theodore Blegen sold 2,500 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $603.26, for a total transaction of $1,508,150.00. Following the completion of the sale, the chief financial officer now directly owns 84,768 shares of the company’s stock, valued at approximately $51,137,143.68. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jeff Zhou sold 200 shares of Monolithic Power Systems stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $750.57, for a total value of $150,114.00. Following the completion of the sale, the director now directly owns 6,269 shares of the company’s stock, valued at approximately $4,705,323.33. The disclosure for this sale can be found here. In the last three months, insiders sold 45,077 shares of company stock valued at $30,357,479. 3.20% of the stock is owned by insiders.

Monolithic Power Systems Stock Performance

Shares of Monolithic Power Systems stock traded up $16.89 on Friday, reaching $677.23. 402,846 shares of the company’s stock were exchanged, compared to its average volume of 477,860. The company has a market capitalization of $32.95 billion, a P/E ratio of 77.31, a price-to-earnings-growth ratio of 3.53 and a beta of 1.24. Monolithic Power Systems, Inc. has a 52 week low of $383.19 and a 52 week high of $778.15. The firm’s 50-day moving average is $682.80 and its two-hundred day moving average is $608.56.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Wednesday, February 7th. The semiconductor company reported $2.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.17). Monolithic Power Systems had a return on equity of 22.66% and a net margin of 23.47%. The firm had revenue of $454.01 million during the quarter, compared to the consensus estimate of $452.13 million. On average, analysts expect that Monolithic Power Systems, Inc. will post 10.05 EPS for the current fiscal year.

Monolithic Power Systems Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a $1.25 dividend. This is a positive change from Monolithic Power Systems’s previous quarterly dividend of $1.00. This represents a $5.00 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date was Wednesday, March 27th. Monolithic Power Systems’s dividend payout ratio is presently 57.08%.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.