American Capital Management Inc. Purchases 1,390 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

American Capital Management Inc. raised its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 7.9% in the first quarter, Holdings Channel reports. The fund owned 19,095 shares of the semiconductor company’s stock after buying an additional 1,390 shares during the period. American Capital Management Inc.’s holdings in Monolithic Power Systems were worth $2,587,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. lifted its stake in Monolithic Power Systems by 1.7% in the first quarter. BlackRock Inc. now owns 4,237,893 shares of the semiconductor company’s stock worth $574,193,000 after acquiring an additional 69,101 shares during the last quarter. Vanguard Group Inc lifted its position in shares of Monolithic Power Systems by 6.2% during the 3rd quarter. Vanguard Group Inc now owns 3,553,528 shares of the semiconductor company’s stock worth $446,074,000 after buying an additional 208,362 shares during the last quarter. FMR LLC lifted its position in shares of Monolithic Power Systems by 3.2% during the 4th quarter. FMR LLC now owns 1,432,704 shares of the semiconductor company’s stock worth $166,552,000 after buying an additional 44,356 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Monolithic Power Systems by 1.9% during the 1st quarter. Wells Fargo & Company MN now owns 1,298,612 shares of the semiconductor company’s stock worth $175,950,000 after buying an additional 24,394 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Monolithic Power Systems by 13.9% during the 1st quarter. JPMorgan Chase & Co. now owns 885,079 shares of the semiconductor company’s stock worth $119,919,000 after buying an additional 107,870 shares during the last quarter. Institutional investors own 96.00% of the company’s stock.

MPWR has been the subject of several recent analyst reports. BidaskClub downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 1st. Needham & Company LLC restated a “buy” rating and set a $145.00 price objective on shares of Monolithic Power Systems in a research report on Monday, March 4th. Deutsche Bank boosted their price objective on shares of Monolithic Power Systems from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, February 13th. ValuEngine downgraded shares of Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Saturday, May 18th. Finally, Zacks Investment Research upgraded shares of Monolithic Power Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Monolithic Power Systems presently has a consensus rating of “Hold” and a consensus price target of $148.71.

In other news, VP Saria Tseng sold 5,203 shares of Monolithic Power Systems stock in a transaction on Monday, June 10th. The shares were sold at an average price of $130.00, for a total value of $676,390.00. Following the transaction, the vice president now directly owns 306,996 shares of the company’s stock, valued at approximately $39,909,480. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James C. Moyer sold 10,000 shares of Monolithic Power Systems stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $118.31, for a total transaction of $1,183,100.00. Following the completion of the transaction, the director now directly owns 487,260 shares in the company, valued at $57,647,730.60. The disclosure for this sale can be found here. Insiders sold a total of 165,518 shares of company stock worth $22,544,923 over the last ninety days. Corporate insiders own 4.00% of the company’s stock.

Shares of NASDAQ:MPWR opened at $131.17 on Wednesday. The company has a market cap of $5.65 billion, a PE ratio of 54.88, a P/E/G ratio of 1.91 and a beta of 1.65. Monolithic Power Systems, Inc. has a twelve month low of $101.99 and a twelve month high of $161.22.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Thursday, May 2nd. The semiconductor company reported $0.84 EPS for the quarter, meeting analysts’ consensus estimates of $0.84. The business had revenue of $141.40 million for the quarter, compared to analysts’ expectations of $141.11 million. Monolithic Power Systems had a net margin of 18.43% and a return on equity of 17.99%. The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.79 EPS. As a group, research analysts expect that Monolithic Power Systems, Inc. will post 2.62 earnings per share for the current fiscal year.

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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 for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment.

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

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