2,506 Shares in Monolithic Power Systems, Inc. $MPWR Acquired by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. acquired a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,506 shares of the semiconductor company’s stock, valued at approximately $3,464,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MPWR. Danske Bank A S acquired a new stake in Monolithic Power Systems during the 2nd quarter worth $36,000. IFP Advisors Inc lifted its stake in shares of Monolithic Power Systems by 171.4% in the 3rd quarter. IFP Advisors Inc now owns 38 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 24 shares during the period. Covestor Ltd lifted its stake in shares of Monolithic Power Systems by 29.0% in the 4th quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 9 shares during the period. Sunbelt Securities Inc. boosted its position in shares of Monolithic Power Systems by 233.3% in the 1st quarter. Sunbelt Securities Inc. now owns 40 shares of the semiconductor company’s stock worth $44,000 after purchasing an additional 28 shares during the last quarter. Finally, Greenline Wealth Management LLC bought a new position in shares of Monolithic Power Systems in the 4th quarter worth $38,000. 93.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

MPWR has been the subject of a number of recent analyst reports. Raymond James Financial reiterated an “outperform” rating on shares of Monolithic Power Systems in a report on Wednesday, August 12th. Weiss Ratings upgraded Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. KeyCorp boosted their target price on Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Citigroup reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, May 1st. Finally, Wells Fargo & Company increased their price target on shares of Monolithic Power Systems from $1,700.00 to $1,800.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,705.82.

Monolithic Power Systems Trading Down 2.5%

NASDAQ:MPWR opened at $1,300.14 on Thursday. Monolithic Power Systems, Inc. has a 1 year low of $800.97 and a 1 year high of $1,714.09. The stock has a 50-day moving average price of $1,384.18 and a two-hundred day moving average price of $1,344.93. The stock has a market cap of $63.89 billion, a price-to-earnings ratio of 79.71 and a beta of 1.69.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, topping analysts’ consensus estimates of $5.87 by $0.63. Monolithic Power Systems had a return on equity of 22.31% and a net margin of 24.41%.The company had revenue of $980.64 million for the quarter, compared to analyst estimates of $903.30 million. During the same quarter last year, the firm posted $4.21 earnings per share. Monolithic Power Systems’s revenue was up 47.6% compared to the same quarter last year. Sell-side analysts forecast that Monolithic Power Systems, Inc. will post 23.35 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, June 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is 49.05%.

Insider Activity at Monolithic Power Systems

In other news, EVP Maurice Sciammas sold 30 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $1,343.94, for a total value of $40,318.20. Following the completion of the transaction, the executive vice president owned 1,119 shares in the company, valued at $1,503,868.86. This represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jeff Zhou sold 486 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $1,680.00, for a total transaction of $816,480.00. Following the sale, the director directly owned 3,800 shares of the company’s stock, valued at $6,384,000. This represents a 11.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 13,191 shares of company stock valued at $21,807,015. Corporate insiders own 3.60% of the company’s stock.

About Monolithic Power Systems

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.