Trilogy Capital Inc. Buys 1,764 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Trilogy Capital Inc. raised its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 100.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,528 shares of the semiconductor company’s stock after purchasing an additional 1,764 shares during the quarter. Trilogy Capital Inc.’s holdings in Monolithic Power Systems were worth $2,088,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MPWR. Czech National Bank boosted its holdings in shares of Monolithic Power Systems by 7.1% in the 3rd quarter. Czech National Bank now owns 9,931 shares of the semiconductor company’s stock valued at $9,181,000 after purchasing an additional 657 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Monolithic Power Systems by 93.2% in the 3rd quarter. Mather Group LLC. now owns 313 shares of the semiconductor company’s stock valued at $289,000 after purchasing an additional 151 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of Monolithic Power Systems by 7.1% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 349 shares of the semiconductor company’s stock valued at $323,000 after purchasing an additional 23 shares in the last quarter. Atomi Financial Group Inc. boosted its holdings in shares of Monolithic Power Systems by 15.5% during the 3rd quarter. Atomi Financial Group Inc. now owns 305 shares of the semiconductor company’s stock valued at $282,000 after acquiring an additional 41 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of Monolithic Power Systems by 37.9% during the 3rd quarter. CWM LLC now owns 2,155 shares of the semiconductor company’s stock valued at $1,992,000 after acquiring an additional 592 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Activity

In other Monolithic Power Systems news, CFO Theodore Blegen sold 734 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $765.15, for a total transaction of $561,620.10. Following the completion of the transaction, the chief financial officer now directly owns 55,944 shares of the company’s stock, valued at approximately $42,805,551.60. This represents a 1.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Deming Xiao sold 866 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $765.14, for a total value of $662,611.24. Following the transaction, the executive vice president now directly owns 162,239 shares of the company’s stock, valued at approximately $124,135,548.46. This trade represents a 0.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,100 shares of company stock valued at $2,724,231 over the last three months. Corporate insiders own 3.70% of the company’s stock.

Monolithic Power Systems Stock Down 0.4 %

Shares of Monolithic Power Systems stock opened at $653.87 on Thursday. The company has a market cap of $31.90 billion, a PE ratio of 73.72, a price-to-earnings-growth ratio of 2.44 and a beta of 1.03. Monolithic Power Systems, Inc. has a 52 week low of $546.71 and a 52 week high of $959.64. The business has a 50 day moving average price of $613.54 and a 200-day moving average price of $756.52.

Monolithic Power Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend was Tuesday, December 31st. Monolithic Power Systems’s dividend payout ratio is presently 56.37%.

Analyst Upgrades and Downgrades

Several brokerages have commented on MPWR. Wells Fargo & Company began coverage on Monolithic Power Systems in a report on Friday, November 22nd. They set an “equal weight” rating and a $610.00 target price on the stock. KeyCorp cut their target price on Monolithic Power Systems from $1,075.00 to $700.00 and set an “overweight” rating on the stock in a report on Monday, November 18th. TD Cowen cut their target price on Monolithic Power Systems from $1,100.00 to $975.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Oppenheimer cut their target price on Monolithic Power Systems from $900.00 to $800.00 and set an “outperform” rating on the stock in a report on Friday, January 31st. Finally, Rosenblatt Securities lowered Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $820.33.

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.