Saria Tseng Sells 5,203 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) VP Saria Tseng sold 5,203 shares of Monolithic Power Systems stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $130.00, for a total value of $676,390.00. Following the sale, the vice president now directly owns 306,996 shares of the company’s stock, valued at $39,909,480. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Saria Tseng also recently made the following trade(s):

  • On Friday, May 3rd, Saria Tseng sold 3,144 shares of Monolithic Power Systems stock. The stock was sold at an average price of $144.49, for a total value of $454,276.56.
  • On Thursday, April 18th, Saria Tseng sold 6,495 shares of Monolithic Power Systems stock. The stock was sold at an average price of $155.33, for a total value of $1,008,868.35.

MPWR opened at $127.55 on Thursday. Monolithic Power Systems, Inc. has a one year low of $101.99 and a one year high of $161.22. The stock has a market cap of $5.52 billion, a PE ratio of 53.37, a PEG ratio of 1.91 and a beta of 1.65.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Thursday, May 2nd. The semiconductor company reported $0.84 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.84. Monolithic Power Systems had a return on equity of 17.99% and a net margin of 18.43%. The business had revenue of $141.40 million for the quarter, compared to analysts’ expectations of $141.11 million. During the same quarter in the previous year, the firm earned $0.79 earnings per share. The business’s revenue was up 9.4% compared to the same quarter last year. Research analysts forecast that Monolithic Power Systems, Inc. will post 2.62 EPS for the current fiscal year.

MPWR has been the subject of a number of recent analyst reports. BidaskClub downgraded Monolithic Power Systems from a “strong-buy” rating to a “buy” rating in a report on Friday, March 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $145.00 price target (down from $155.00) on shares of Monolithic Power Systems in a report on Wednesday, February 13th. Deutsche Bank lifted their price target on Monolithic Power Systems from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, February 13th. ValuEngine downgraded Monolithic Power Systems from a “buy” rating to a “hold” rating in a report on Saturday, May 18th. Finally, Zacks Investment Research raised Monolithic Power Systems from a “sell” rating to a “hold” rating in a report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $148.71.

Institutional investors and hedge funds have recently bought and sold shares of the company. Marshall Wace North America L.P. increased its position in Monolithic Power Systems by 10.1% in the 1st quarter. Marshall Wace North America L.P. now owns 1,518 shares of the semiconductor company’s stock valued at $205,000 after acquiring an additional 139 shares during the period. Clearbridge Investments LLC increased its position in Monolithic Power Systems by 11.3% in the 1st quarter. Clearbridge Investments LLC now owns 874,866 shares of the semiconductor company’s stock valued at $118,536,000 after acquiring an additional 88,756 shares during the period. GYL Financial Synergies LLC acquired a new position in Monolithic Power Systems in the 1st quarter valued at about $1,555,000. Cerebellum GP LLC increased its position in Monolithic Power Systems by 7.7% in the 1st quarter. Cerebellum GP LLC now owns 2,336 shares of the semiconductor company’s stock valued at $317,000 after acquiring an additional 167 shares during the period. Finally, Nordea Investment Management AB increased its position in Monolithic Power Systems by 1.0% in the 1st quarter. Nordea Investment Management AB now owns 37,150 shares of the semiconductor company’s stock valued at $5,033,000 after acquiring an additional 360 shares during the period. Institutional investors and hedge funds own 96.00% of the company’s stock.

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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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