Baader Bank Aktiengesellschaft Sells 511 Shares of Monolithic Power Systems, Inc. $MPWR

Baader Bank Aktiengesellschaft cut its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 39.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 772 shares of the semiconductor company’s stock after selling 511 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Monolithic Power Systems were worth $696,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Penserra Capital Management LLC lifted its stake in 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 worth $2,016,000 after purchasing an additional 1,031 shares during the last quarter. AE Wealth Management LLC bought a new stake in Monolithic Power Systems in the third quarter worth $1,121,000. Candriam S.C.A. lifted its stake in Monolithic Power Systems by 6.9% in the third quarter. Candriam S.C.A. now owns 85,907 shares of the semiconductor company’s stock worth $79,089,000 after purchasing an additional 5,561 shares during the last quarter. Vanguard Group Inc. lifted 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 worth $5,591,998,000 after purchasing an additional 134,087 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Monolithic Power Systems by 66.4% in the third quarter. First Trust Advisors LP now owns 447,801 shares of the semiconductor company’s stock worth $412,263,000 after purchasing an additional 178,622 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Insider Activity at Monolithic Power Systems

In related news, EVP Saria Tseng sold 25,674 shares of the business’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $1,010.50, for a total transaction of $25,943,577.00. Following the transaction, the executive vice president owned 174,982 shares in the company, valued at $176,819,311. The trade was a 12.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Deming Xiao sold 30,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $1,654.55, for a total transaction of $49,636,500.00. Following the transaction, the executive vice president owned 205,959 shares in the company, valued at $340,769,463.45. This represents a 12.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 87,992 shares of company stock valued at $120,484,010 over the last three months. Corporate insiders own 3.40% of the company’s stock.

Monolithic Power Systems Trading Down 2.2%

MPWR stock opened at $1,613.97 on Friday. The firm’s 50-day moving average price is $1,299.80 and its two-hundred day moving average price is $1,120.49. Monolithic Power Systems, Inc. has a 12-month low of $643.36 and a 12-month high of $1,675.42. The stock has a market capitalization of $79.29 billion, a price-to-earnings ratio of 116.36, a PEG ratio of 2.95 and a beta of 1.74.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Raymond James Financial restated an “outperform” rating and issued a $1,800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, May 1st. William Blair restated an “outperform” rating on shares of Monolithic Power Systems in a research report on Thursday, March 5th. Stifel Nicolaus boosted their price objective on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Needham & Company LLC boosted their price objective on shares of Monolithic Power Systems from $1,300.00 to $1,750.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Wells Fargo & Company boosted their price objective on shares of Monolithic Power Systems from $1,650.00 to $1,860.00 and gave the company an “overweight” rating in a research report 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.