Tradewinds Capital Management LLC Acquires 24 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Tradewinds Capital Management LLC increased its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 120.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44 shares of the semiconductor company’s stock after acquiring an additional 24 shares during the quarter. Tradewinds Capital Management LLC’s holdings in Monolithic Power Systems were worth $26,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in Monolithic Power Systems in the 3rd quarter valued at about $36,000. Rakuten Securities Inc. increased its holdings in Monolithic Power Systems by 410.0% in the 3rd quarter. Rakuten Securities Inc. now owns 51 shares of the semiconductor company’s stock valued at $47,000 after buying an additional 41 shares during the period. Golden State Wealth Management LLC bought a new position in Monolithic Power Systems in the 4th quarter valued at about $39,000. Capital Performance Advisors LLP bought a new position in Monolithic Power Systems in the 3rd quarter valued at about $65,000. Finally, Versant Capital Management Inc increased its holdings in Monolithic Power Systems by 60.3% in the 4th quarter. Versant Capital Management Inc now owns 109 shares of the semiconductor company’s stock valued at $64,000 after buying an additional 41 shares during the period. 93.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MPWR. Needham & Company LLC raised their price target on shares of Monolithic Power Systems from $600.00 to $800.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Rosenblatt Securities restated a “neutral” rating and issued a $880.00 price target on shares of Monolithic Power Systems in a research report on Thursday, February 6th. KeyCorp lifted their price objective on shares of Monolithic Power Systems from $700.00 to $850.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Citigroup initiated coverage on shares of Monolithic Power Systems in a research note on Wednesday, December 11th. They issued a “buy” rating and a $700.00 price objective for the company. Finally, Wells Fargo & Company boosted their price target on shares of Monolithic Power Systems from $610.00 to $710.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $866.17.

Insider Buying and Selling at Monolithic Power Systems

In other news, EVP Maurice Sciammas sold 7,000 shares of the company’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $701.98, for a total value of $4,913,860.00. Following the transaction, the executive vice president now owns 16,015 shares of the company’s stock, valued at approximately $11,242,209.70. This represents a 30.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Theodore Blegen sold 2,500 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $600.00, for a total transaction of $1,500,000.00. Following the completion of the transaction, the chief financial officer now directly owns 53,444 shares in the company, valued at approximately $32,066,400. The trade was a 4.47 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

Monolithic Power Systems Stock Performance

Shares of NASDAQ:MPWR opened at $661.08 on Friday. The company’s 50-day moving average is $637.78 and its 200 day moving average is $746.53. The company has a market capitalization of $32.25 billion, a P/E ratio of 17.98, a price-to-earnings-growth ratio of 2.60 and a beta of 1.03. Monolithic Power Systems, Inc. has a fifty-two week low of $546.71 and a fifty-two week high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share for the quarter, missing analysts’ consensus estimates of $4.01 by ($0.84). Monolithic Power Systems had a return on equity of 20.36% and a net margin of 80.95%. As a group, research analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $1.56 dividend. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $1.25. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Monday, March 31st. Monolithic Power Systems’s payout ratio is 13.60%.

Monolithic Power Systems Company 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.