Tradewinds Capital Management LLC Increases Position in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Tradewinds Capital Management LLC increased its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 120.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44 shares of the semiconductor company’s stock after acquiring an additional 24 shares during the period. Tradewinds Capital Management LLC’s holdings in Monolithic Power Systems were worth $26,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in Monolithic Power Systems by 6.6% in the third quarter. Assetmark Inc. now owns 17,586 shares of the semiconductor company’s stock worth $16,259,000 after acquiring an additional 1,082 shares in the last quarter. EULAV Asset Management boosted its position in Monolithic Power Systems by 8.6% during the third quarter. EULAV Asset Management now owns 108,274 shares of the semiconductor company’s stock valued at $100,099,000 after buying an additional 8,600 shares during the period. Paragon Advisors LLC boosted its position in Monolithic Power Systems by 140.6% during the fourth quarter. Paragon Advisors LLC now owns 5,128 shares of the semiconductor company’s stock valued at $3,034,000 after buying an additional 2,997 shares during the period. Empowered Funds LLC boosted its position in Monolithic Power Systems by 29.0% during the third quarter. Empowered Funds LLC now owns 4,047 shares of the semiconductor company’s stock valued at $3,741,000 after buying an additional 909 shares during the period. Finally, Perpetual Ltd boosted its position in Monolithic Power Systems by 1,042.4% during the fourth quarter. Perpetual Ltd now owns 2,936 shares of the semiconductor company’s stock valued at $1,737,000 after buying an additional 2,679 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Monolithic Power Systems Trading Down 4.2 %

Shares of MPWR stock opened at $661.08 on Friday. Monolithic Power Systems, Inc. has a 12-month low of $546.71 and a 12-month high of $959.64. The firm’s 50 day moving average is $637.78 and its 200 day moving average is $746.53. The stock has a market capitalization of $32.25 billion, a P/E ratio of 17.98, a P/E/G ratio of 2.60 and a beta of 1.03.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly 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 20.36% and a net margin of 80.95%. As a group, equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The company 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 is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend is Monday, March 31st. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.94%. Monolithic Power Systems’s payout ratio is 13.60%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. TD Cowen cut their price target on shares of Monolithic Power Systems from $1,100.00 to $975.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Citigroup initiated coverage on shares of Monolithic Power Systems in a report on Wednesday, December 11th. They set a “buy” rating and a $700.00 target price for the company. Wells Fargo & Company increased their target price on shares of Monolithic Power Systems from $610.00 to $710.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Rosenblatt Securities reiterated a “neutral” rating and set a $880.00 target price on shares of Monolithic Power Systems in a report on Thursday, February 6th. Finally, KeyCorp increased their target price on shares of Monolithic Power Systems from $700.00 to $850.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, Monolithic Power Systems has an average rating of “Moderate Buy” and an average price target of $866.17.

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 7,000 shares of Monolithic Power Systems stock in a transaction on Friday, February 7th. The shares were sold at an average price of $701.98, for a total value of $4,913,860.00. Following the sale, the executive vice president now directly owns 16,015 shares in the company, valued at approximately $11,242,209.70. The trade was a 30.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Theodore Blegen sold 2,500 shares of Monolithic Power Systems stock in a transaction on 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 sale, the chief financial officer now owns 53,444 shares in the company, valued at approximately $32,066,400. This represents a 4.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is owned by corporate insiders.

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.