SG Americas Securities LLC Decreases Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

SG Americas Securities LLC decreased its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 98.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 275 shares of the semiconductor company’s stock after selling 15,720 shares during the period. SG Americas Securities LLC’s holdings in Monolithic Power Systems were worth $163,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Dynamic Advisor Solutions LLC boosted its stake in Monolithic Power Systems by 7.1% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 349 shares of the semiconductor company’s stock worth $323,000 after purchasing an additional 23 shares during the period. Atomi Financial Group Inc. boosted its stake in shares of Monolithic Power Systems by 15.5% in the 3rd quarter. Atomi Financial Group Inc. now owns 305 shares of the semiconductor company’s stock valued at $282,000 after purchasing an additional 41 shares in the last quarter. CWM LLC lifted its position in Monolithic Power Systems by 37.9% in the third quarter. CWM LLC now owns 2,155 shares of the semiconductor company’s stock valued at $1,992,000 after purchasing an additional 592 shares during the last quarter. Perpetual Ltd purchased a new position in Monolithic Power Systems during the 3rd quarter valued at about $238,000. Finally, UMB Bank n.a. increased its position in Monolithic Power Systems by 8.8% during the 3rd quarter. UMB Bank n.a. now owns 322 shares of the semiconductor company’s stock valued at $298,000 after purchasing an additional 26 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling

In other Monolithic Power Systems news, CFO Theodore Blegen sold 2,500 shares of the stock in a transaction dated Monday, December 9th. The shares were 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 owns 53,444 shares of the company’s stock, valued at $32,066,400. This represents a 4.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MPWR has been the topic of a number of research reports. KeyCorp boosted their target price on shares of Monolithic Power Systems from $700.00 to $850.00 and gave the company an “overweight” rating in a report on Friday. Needham & Company LLC boosted their target price on Monolithic Power Systems from $600.00 to $800.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company raised 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 report on Friday. Oppenheimer decreased their price objective on shares of Monolithic Power Systems from $900.00 to $800.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Finally, 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 target price on the stock. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $866.17.

Monolithic Power Systems Price Performance

Shares of NASDAQ MPWR opened at $720.25 on Monday. The stock has a market cap of $35.13 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 2.53 and a beta of 1.03. Monolithic Power Systems, Inc. has a 1 year low of $546.71 and a 1 year high of $959.64. The firm has a fifty day moving average price of $618.61 and a 200-day moving average price of $754.03.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share for the quarter, missing the consensus estimate of $4.01 by ($0.84). Monolithic Power Systems had a return on equity of 22.49% and a net margin of 80.95%. On average, research analysts expect that Monolithic Power Systems, Inc. will post 13 EPS for the current year.

Monolithic Power Systems Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a yield of 0.87%. The ex-dividend date is Monday, March 31st. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $1.25. Monolithic Power Systems’s dividend payout ratio (DPR) is 13.60%.

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.