Deutsche Bank AG Makes New Investment in Monolithic Power Systems, Inc. $MPWR

Deutsche Bank AG purchased a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 167,290 shares of the semiconductor company’s stock, valued at approximately $231,255,000.

Several other large investors have also recently modified their holdings of MPWR. IFP Advisors Inc grew its stake in shares of Monolithic Power Systems by 171.4% in the third quarter. IFP Advisors Inc now owns 38 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 24 shares during the last quarter. Covestor Ltd increased its holdings in Monolithic Power Systems by 29.0% in the fourth 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. Greenline Wealth Management LLC bought a new position in Monolithic Power Systems during the 4th quarter worth $38,000. Sunbelt Securities Inc. raised its position in Monolithic Power Systems by 233.3% during 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, Essential Partners LLC grew its position in shares of Monolithic Power Systems by 30.3% in the 1st quarter. Essential Partners LLC now owns 43 shares of the semiconductor company’s stock valued at $47,000 after buying an additional 10 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Insider Activity

In other news, Director Jeff Zhou sold 486 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $1,680.00, for a total value of $816,480.00. Following the completion of the sale, the director owned 3,800 shares in the company, valued at $6,384,000. This represents a 11.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kuo Wei Herbert Chang sold 50 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $1,420.00, for a total transaction of $71,000.00. Following the completion of the sale, the director owned 565 shares of the company’s stock, valued at approximately $802,300. This represents a 8.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 13,191 shares of company stock worth $21,807,015. 3.60% of the stock is owned by insiders.

Monolithic Power Systems Stock Down 5.8%

MPWR stock opened at $1,333.18 on Wednesday. The firm has a market capitalization of $65.51 billion, a PE ratio of 81.74 and a beta of 1.69. Monolithic Power Systems, Inc. has a twelve month low of $800.97 and a twelve month high of $1,714.09. The stock’s 50 day moving average is $1,387.64 and its 200-day moving average is $1,344.11.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $6.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.87 by $0.63. The business had revenue of $980.64 million during the quarter, compared to the consensus estimate of $903.30 million. Monolithic Power Systems had a return on equity of 22.31% and a net margin of 24.41%.Monolithic Power Systems’s revenue was up 47.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.21 earnings per share. On average, equities research analysts anticipate that Monolithic Power Systems, Inc. will post 23.35 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Monolithic Power Systems’s payout ratio is currently 49.05%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MPWR shares. Rosenblatt Securities restated a “neutral” rating and set a $1,575.00 price objective on shares of Monolithic Power Systems in a research report on Friday, July 31st. Weiss Ratings lowered shares of Monolithic Power Systems from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Wall Street Zen upgraded shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. KeyCorp boosted their target price on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, TD Cowen boosted their price target on Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a “buy” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Monolithic Power Systems presently has an average rating of “Moderate Buy” and an average price target of $1,705.82.

Monolithic Power Systems Company Profile

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.