Monolithic Power Systems (NASDAQ:MPWR) EVP Saria Tseng Sells 7,565 Shares of Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) EVP Saria Tseng sold 7,565 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $1,700.00, for a total value of $12,860,500.00. Following the completion of the sale, the executive vice president owned 144,218 shares of the company’s stock, valued at $245,170,600. This represents a 4.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Saria Tseng also recently made the following trade(s):

• On Friday, May 22nd, Saria Tseng sold 5,000 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,586.43, for a total value of $7,932,150.00.
• On Wednesday, April 8th, Saria Tseng sold 8,963 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,305.22, for a total value of $11,698,686.86.
• On Monday, April 6th, Saria Tseng sold 7,636 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,167.95, for a total value of $8,918,466.20.
• On Wednesday, April 1st, Saria Tseng sold 1,400 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,133.52, for a total value of $1,586,928.00.
• On Monday, March 30th, Saria Tseng sold 25,674 shares of Monolithic Power Systems stock. The stock was sold at an average price of $1,010.50, for a total value of $25,943,577.00.

Monolithic Power Systems Trading Down 4.1%

Shares of MPWR stock opened at $1,566.21 on Friday. Monolithic Power Systems, Inc. has a twelve month low of $643.36 and a twelve month high of $1,714.09. The stock has a market capitalization of $76.95 billion, a price-to-earnings ratio of 112.92, a P/E/G ratio of 2.92 and a beta of 1.74. The stock has a fifty day simple moving average of $1,411.52 and a two-hundred day simple moving average of $1,161.77.

Monolithic Power Systems (NASDAQ:MPWR) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share for the quarter, topping the consensus estimate of $4.90 by $0.20. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The business had revenue of $804.19 million during the quarter, compared to analysts’ expectations of $781.93 million. During the same period in the prior year, the business earned $4.04 EPS. The business’s revenue for the quarter was up 26.1% compared to the same quarter last year. Research analysts predict that Monolithic Power Systems, Inc. will post 20.13 EPS for the current fiscal year.

Key Monolithic Power Systems News

Here are the key news stories impacting Monolithic Power Systems this week:

• Negative Sentiment: EVP Saria Tseng disclosed a sale of 7,565 shares at an average price of $1,700, trimming her position by about 5%. Insiders at Monolithic Power have been actively selling lately, which can signal that management sees less near-term upside. Article Title
• Negative Sentiment: Director Jeff Zhou also sold 486 shares at $1,680, continuing a recent pattern of insider selling at MPWR. Multiple insider sales in a short period often pressure sentiment, even if the amounts are small relative to total holdings. Article Title
• Negative Sentiment: Separate coverage noted that insiders have sold roughly $515 million of Monolithic Power stock, reinforcing concerns that the shares may be getting expensive after a strong run. Article Title
• Negative Sentiment: GuruFocus said MPWR still looks overvalued despite the recent rally, adding to valuation anxiety as the stock trades near its highs. Article Title

Institutional Investors Weigh In On Monolithic Power Systems

A number of hedge funds have recently made changes to their positions in MPWR. Vanguard Group Inc. raised its stake in Monolithic Power Systems by 2.3% in the third quarter. Vanguard Group Inc. now owns 6,074,033 shares of the semiconductor company’s stock valued at $5,591,998,000 after buying an additional 134,087 shares during the last quarter. State Street Corp raised its stake in Monolithic Power Systems by 2.1% in the fourth quarter. State Street Corp now owns 2,180,419 shares of the semiconductor company’s stock valued at $1,979,610,000 after buying an additional 45,715 shares during the last quarter. Corient Private Wealth LLC raised its stake in Monolithic Power Systems by 3,719.6% in the fourth quarter. Corient Private Wealth LLC now owns 2,047,173 shares of the semiconductor company’s stock valued at $1,855,476,000 after buying an additional 1,993,576 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Monolithic Power Systems by 7.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,691,394 shares of the semiconductor company’s stock valued at $1,533,013,000 after buying an additional 117,596 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Monolithic Power Systems by 25.9% in the fourth quarter. Invesco Ltd. now owns 1,434,689 shares of the semiconductor company’s stock valued at $1,300,345,000 after buying an additional 295,556 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on MPWR shares. TD Cowen upped their price objective on Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Oppenheimer set a $1,700.00 price objective on Monolithic Power Systems in a research note on Friday, May 1st. Weiss Ratings cut Monolithic Power Systems from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday. Raymond James Financial restated an “outperform” rating and set a $1,800.00 price objective on shares of Monolithic Power Systems in a research note on Friday, May 1st. Finally, Truist Financial set a $1,805.00 price objective on Monolithic Power Systems in a research note on Friday, May 1st. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,599.17.

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.