Ossiam Has $689,000 Stock Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Ossiam grew its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 14.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,164 shares of the semiconductor company’s stock after buying an additional 149 shares during the period. Ossiam’s holdings in Monolithic Power Systems were worth $689,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Tradewinds Capital Management LLC raised its holdings in Monolithic Power Systems by 120.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 24 shares during the period. OFI Invest Asset Management acquired a new position in Monolithic Power Systems in the fourth quarter valued at about $27,000. West Oak Capital LLC increased its holdings in shares of Monolithic Power Systems by 990.9% in the fourth quarter. West Oak Capital LLC now owns 600 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 545 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Monolithic Power Systems during the fourth quarter worth about $39,000. Finally, AlphaQuest LLC bought a new position in shares of Monolithic Power Systems during the 4th quarter valued at about $41,000. Institutional investors own 93.46% of the company’s stock.

Monolithic Power Systems Stock Performance

Shares of NASDAQ:MPWR opened at $508.19 on Tuesday. The company has a 50-day simple moving average of $588.43 and a 200 day simple moving average of $650.59. The company has a market capitalization of $24.33 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 2.60 and a beta of 1.21. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, February 6th. The semiconductor company reported $3.17 EPS for the quarter, missing the consensus estimate 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, equities analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Monday, March 31st. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.25. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 16.97%.

Insider Buying and Selling

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 7,000 shares of the stock in a transaction 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 Securities & Exchange Commission, which is available at this hyperlink. 3.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on MPWR. Wells Fargo & Company dropped their target price on shares of Monolithic Power Systems from $710.00 to $665.00 and set an “equal weight” rating on the stock in a report on Friday, March 21st. Oppenheimer reiterated an “outperform” rating and set a $800.00 target price on shares of Monolithic Power Systems in a report on Friday, March 21st. Loop Capital upped their price objective on Monolithic Power Systems from $660.00 to $760.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. KeyCorp lifted their target price on Monolithic Power Systems from $700.00 to $850.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Finally, Citigroup reduced their price target on Monolithic Power Systems from $800.00 to $615.00 and set a “buy” rating for the company in a research report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $826.17.

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.