World Investment Advisors Grows Position in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

World Investment Advisors lifted its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 370.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,865 shares of the semiconductor company’s stock after buying an additional 3,043 shares during the period. World Investment Advisors’ holdings in Monolithic Power Systems were worth $2,287,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MPWR. Paragon Advisors LLC lifted its stake in Monolithic Power Systems by 140.6% in the 4th quarter. Paragon Advisors LLC now owns 5,128 shares of the semiconductor company’s stock worth $3,034,000 after purchasing an additional 2,997 shares in the last quarter. Perpetual Ltd boosted its stake in Monolithic Power Systems by 1,042.4% during the fourth quarter. Perpetual Ltd now owns 2,936 shares of the semiconductor company’s stock worth $1,737,000 after buying an additional 2,679 shares during the last quarter. ICICI Prudential Asset Management Co Ltd purchased a new stake in Monolithic Power Systems in the 4th quarter valued at $3,182,000. Geode Capital Management LLC increased its stake in shares of Monolithic Power Systems by 11.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,334,164 shares of the semiconductor company’s stock worth $1,230,626,000 after acquiring an additional 133,838 shares during the last quarter. Finally, Vantage Investment Partners LLC increased its stake in shares of Monolithic Power Systems by 4.5% in the 4th quarter. Vantage Investment Partners LLC now owns 34,722 shares of the semiconductor company’s stock worth $20,545,000 after acquiring an additional 1,505 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MPWR has been the subject of a number of analyst reports. Citigroup initiated coverage on shares of Monolithic Power Systems in a report on Wednesday, December 11th. They issued a “buy” rating and a $700.00 price objective for the company. Oppenheimer restated an “outperform” rating and set a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, March 21st. KeyCorp upped their price target on Monolithic Power Systems from $700.00 to $850.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Rosenblatt Securities reduced their price target on shares of Monolithic Power Systems from $800.00 to $750.00 and set a “neutral” rating on the stock in a research note on Friday, March 21st. Finally, Loop Capital upped their price objective on shares of Monolithic Power Systems from $660.00 to $760.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $851.58.

Insider Transactions at Monolithic Power Systems

In related news, EVP Maurice Sciammas sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $701.98, for a total transaction of $4,913,860.00. Following the transaction, the executive vice president now owns 16,015 shares in the company, valued at $11,242,209.70. This trade represents a 30.41 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 3.70% of the company’s stock.

Monolithic Power Systems Stock Down 4.3 %

NASDAQ MPWR opened at $477.39 on Friday. Monolithic Power Systems, Inc. has a 52 week low of $451.29 and a 52 week high of $959.64. The firm has a 50 day moving average of $625.06 and a two-hundred day moving average of $687.80. The stock has a market capitalization of $22.85 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 2.60 and a beta of 1.21.

Monolithic Power Systems (NASDAQ:MPWR) last posted 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 net margin of 80.95% and a return on equity of 20.36%. On average, equities research analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $1.56 per share. The ex-dividend date is Monday, March 31st. This represents a $6.24 dividend on an annualized basis and a yield of 1.31%. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.25. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 16.97%.

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.