Silvant Capital Management LLC Increases Stock Position in Monolithic Power Systems, Inc. $MPWR

Silvant Capital Management LLC lifted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 8.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,895 shares of the semiconductor company’s stock after buying an additional 1,003 shares during the quarter. Silvant Capital Management LLC’s holdings in Monolithic Power Systems were worth $11,688,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Covestor Ltd lifted its stake in Monolithic Power Systems by 29.0% in the 4th quarter. Covestor Ltd now owns 40 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 9 shares in the last quarter. Resonant Capital Advisors LLC lifted its stake in Monolithic Power Systems by 4.1% in the 4th quarter. Resonant Capital Advisors LLC now owns 253 shares of the semiconductor company’s stock worth $230,000 after purchasing an additional 10 shares in the last quarter. YANKCOM Partnership lifted its stake in Monolithic Power Systems by 6.7% in the 4th quarter. YANKCOM Partnership now owns 176 shares of the semiconductor company’s stock worth $160,000 after purchasing an additional 11 shares in the last quarter. First National Bank of Hutchinson lifted its stake in Monolithic Power Systems by 1.2% in the 4th quarter. First National Bank of Hutchinson now owns 948 shares of the semiconductor company’s stock worth $859,000 after purchasing an additional 11 shares in the last quarter. Finally, Ballentine Partners LLC lifted its stake in Monolithic Power Systems by 2.2% in the 4th quarter. Ballentine Partners LLC now owns 567 shares of the semiconductor company’s stock worth $514,000 after purchasing an additional 12 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on MPWR. Zacks Research cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Oppenheimer set a $1,700.00 target price on shares of Monolithic Power Systems in a research note on Friday, May 1st. William Blair reiterated an “outperform” rating on shares of Monolithic Power Systems in a research note on Thursday, March 5th. Needham & Company LLC increased their target price on shares of Monolithic Power Systems from $1,300.00 to $1,750.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $1,800.00 target price on shares of Monolithic Power Systems in a research note on Friday, May 1st. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and an average target price of $1,599.17.

Insider Buying and Selling

In related news, Director Jeff Zhou sold 486 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was 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. The trade was a 11.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Deming Xiao sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $1,654.55, for a total value of $49,636,500.00. Following the completion of the sale, the executive vice president owned 205,959 shares of the company’s stock, valued at $340,769,463.45. The trade was a 12.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 113,073 shares of company stock worth $160,875,958 over the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Monolithic Power Systems Price Performance

Shares of NASDAQ:MPWR opened at $1,652.29 on Tuesday. The company’s fifty day moving average price is $1,520.94 and its 200-day moving average price is $1,215.52. The firm has a market capitalization of $81.18 billion, a price-to-earnings ratio of 119.13, a PEG ratio of 2.82 and a beta of 1.69. Monolithic Power Systems, Inc. has a one year low of $671.18 and a one year high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $5.10 EPS for the quarter, topping analysts’ consensus estimates of $4.90 by $0.20. The firm had revenue of $804.19 million for the quarter, compared to analyst estimates of $781.93 million. Monolithic Power Systems had a net margin of 22.84% and a return on equity of 19.58%. The business’s revenue for the quarter was up 26.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.04 EPS. As a group, equities research analysts expect that Monolithic Power Systems, Inc. will post 20.13 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $2.00 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $8.00 dividend on an annualized basis and a yield of 0.5%. Monolithic Power Systems’s payout ratio is presently 57.68%.

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.