Monolithic Power Systems, Inc. $MPWR Stock Bought by One Way Holdings LLC

One Way Holdings LLC boosted its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 5.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 21,213 shares of the semiconductor company’s stock after purchasing an additional 1,119 shares during the period. Monolithic Power Systems comprises 1.3% of One Way Holdings LLC’s holdings, making the stock its 23rd largest position. One Way Holdings LLC’s holdings in Monolithic Power Systems were worth $28,579,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MPWR. Trek Financial LLC lifted its position in shares of Monolithic Power Systems by 10.3% in the third quarter. Trek Financial LLC now owns 172 shares of the semiconductor company’s stock valued at $232,000 after buying an additional 16 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of Monolithic Power Systems by 1.0% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 33,643 shares of the semiconductor company’s stock worth $45,397,000 after acquiring an additional 322 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Monolithic Power Systems during the 3rd quarter worth approximately $149,659,000. ProShare Advisors LLC increased its holdings in shares of Monolithic Power Systems by 5.8% during the 3rd quarter. ProShare Advisors LLC now owns 68,320 shares of the semiconductor company’s stock worth $92,042,000 after acquiring an additional 3,720 shares during the last quarter. Finally, Vise Technologies Inc. raised its stake in Monolithic Power Systems by 66.7% in the 3rd quarter. Vise Technologies Inc. now owns 2,587 shares of the semiconductor company’s stock valued at $3,485,000 after acquiring an additional 1,035 shares during the period. Institutional investors own 93.46% of the company’s stock.

Monolithic Power Systems Stock Performance

Shares of MPWR stock opened at $1,211.63 on Monday. The stock has a market capitalization of $59.54 billion, a P/E ratio of 66.90 and a beta of 1.68. The firm’s 50 day moving average is $1,274.70 and its 200 day moving average is $1,310.31. Monolithic Power Systems, Inc. has a 12 month low of $833.18 and a 12 month high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share for the quarter, beating analysts’ consensus estimates of $7.79 by $0.40. Monolithic Power Systems had a net margin of 23.85% and a return on equity of 25.23%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period in the previous year, the business earned $4.73 EPS. Monolithic Power Systems’s revenue was up 63.1% compared to the same quarter last year. On average, equities analysts predict that Monolithic Power Systems, Inc. will post 23.95 EPS for the current year.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $2.00 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $8.00 dividend on an annualized basis and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio is 44.17%.

Analyst Upgrades and Downgrades

MPWR has been the subject of several research reports. Wall Street Zen raised Monolithic Power Systems from a “hold” rating to a “buy” rating in a report on Sunday, October 25th. Arete Research started coverage on Monolithic Power Systems in a report on Thursday, August 20th. They set a “buy” rating and a $2,013.00 target price on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of Monolithic Power Systems in a research note on Wednesday, August 12th. Rosenblatt Securities upgraded shares of Monolithic Power Systems from a “neutral” rating to a “buy” rating and increased their target price for the company from $1,575.00 to $1,700.00 in a report on Friday. Finally, Zacks Research lowered shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,783.77.

Insider Transactions at Monolithic Power Systems

In other Monolithic Power Systems news, Director Kuo Wei Chang sold 50 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $1,281.57, for a total value of $64,078.50. Following the completion of the transaction, the director owned 515 shares in the company, valued at $660,008.55. This trade represents a 8.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.60% of the company’s stock.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc (NASDAQ: MPWR) is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.

The company’s portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.