Natixis Advisors LLC Has $120.84 Million Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Natixis Advisors LLC lowered its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 1.0% in the third quarter, Holdings Channel reports. The institutional investor owned 131,259 shares of the semiconductor company’s stock after selling 1,330 shares during the period. Natixis Advisors LLC’s holdings in Monolithic Power Systems were worth $120,843,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Penserra Capital Management LLC raised its position in shares of Monolithic Power Systems by 88.9% in the third quarter. Penserra Capital Management LLC now owns 2,191 shares of the semiconductor company’s stock valued at $2,016,000 after buying an additional 1,031 shares in the last quarter. AE Wealth Management LLC bought a new stake in shares of Monolithic Power Systems in the third quarter valued at approximately $1,121,000. Candriam S.C.A. grew its position in Monolithic Power Systems by 6.9% during the third quarter. Candriam S.C.A. now owns 85,907 shares of the semiconductor company’s stock worth $79,089,000 after buying an additional 5,561 shares in the last quarter. Vanguard Group Inc. grew its position in Monolithic Power Systems by 2.3% during the third quarter. Vanguard Group Inc. now owns 6,074,033 shares of the semiconductor company’s stock worth $5,591,998,000 after buying an additional 134,087 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Monolithic Power Systems by 0.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 863,228 shares of the semiconductor company’s stock worth $794,723,000 after acquiring an additional 6,503 shares during the period. Institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Stifel Nicolaus lifted their price objective on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. William Blair reissued an “outperform” rating on shares of Monolithic Power Systems in a report on Thursday. Needham & Company LLC raised their price target on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Rosenblatt Securities raised their price target on Monolithic Power Systems from $950.00 to $1,000.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, KeyCorp boosted their price target on Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,218.42.

Insider Activity at Monolithic Power Systems

In other news, EVP Deming Xiao sold 22,875 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $1,171.16, for a total value of $26,790,285.00. Following the completion of the transaction, the executive vice president owned 235,932 shares of the company’s stock, valued at $276,314,121.12. This represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Saria Tseng sold 22,875 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $1,171.16, for a total transaction of $26,790,285.00. Following the completion of the transaction, the executive vice president owned 200,626 shares of the company’s stock, valued at approximately $234,965,146.16. This trade represents a 10.23% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 98,550 shares of company stock valued at $114,256,090. Corporate insiders own 3.40% of the company’s stock.

Monolithic Power Systems Stock Performance

Shares of MPWR opened at $1,023.16 on Monday. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $1,256.22. The stock has a market capitalization of $50.26 billion, a price-to-earnings ratio of 80.31, a PEG ratio of 2.59 and a beta of 1.45. The stock has a fifty day moving average of $1,087.09 and a 200-day moving average of $987.16.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $4.79 earnings per share for the quarter, topping analysts’ consensus estimates of $4.74 by $0.05. Monolithic Power Systems had a return on equity of 18.33% and a net margin of 22.07%.The business had revenue of $751.16 million for the quarter, compared to analyst estimates of $741.69 million. During the same quarter in the previous year, the company posted $4.09 EPS. Monolithic Power Systems’s quarterly revenue was up 20.8% compared to the same quarter last year. As a group, equities analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 0.8%. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $1.56. The ex-dividend date is Tuesday, March 31st. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 48.98%.

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.