Mizuho Securities USA LLC Boosts Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Mizuho Securities USA LLC grew its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 46.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,623 shares of the semiconductor company’s stock after acquiring an additional 1,462 shares during the quarter. Mizuho Securities USA LLC’s holdings in Monolithic Power Systems were worth $2,735,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Tradewinds Capital Management LLC raised its position in Monolithic Power Systems by 120.0% in the 4th quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 24 shares during the period. OFI Invest Asset Management purchased a new stake in shares of Monolithic Power Systems in the fourth quarter worth approximately $27,000. West Oak Capital LLC lifted its stake in shares of Monolithic Power Systems by 990.9% during the 4th quarter. West Oak Capital LLC now owns 600 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 545 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in Monolithic Power Systems during the 4th quarter valued at $39,000. Finally, AlphaQuest LLC bought a new position in Monolithic Power Systems in the 4th quarter valued at $41,000. Institutional investors own 93.46% of the company’s stock.

Insider Activity at Monolithic Power Systems

In other news, EVP Maurice Sciammas sold 7,000 shares of the company’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $701.98, for a total transaction of $4,913,860.00. Following the transaction, the executive vice president now directly owns 16,015 shares of the company’s stock, valued at approximately $11,242,209.70. This represents a 30.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.70% of the stock is currently owned by corporate insiders.

Monolithic Power Systems Trading Up 6.3 %

Shares of NASDAQ MPWR opened at $627.93 on Tuesday. The stock has a market capitalization of $30.06 billion, a PE ratio of 17.08, a price-to-earnings-growth ratio of 2.60 and a beta of 1.03. Monolithic Power Systems, Inc. has a 12-month low of $546.71 and a 12-month high of $959.64. The stock’s fifty day simple moving average is $637.11 and its two-hundred day simple moving average is $704.09.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.01 by ($0.84). Monolithic Power Systems had a net margin of 80.95% and a return on equity of 20.36%. On average, equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Increases Dividend

The company also recently disclosed 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 represents a $6.24 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Monday, March 31st. This is a positive change from Monolithic Power Systems’s previous quarterly dividend of $1.25. Monolithic Power Systems’s payout ratio is 16.97%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MPWR. Wells Fargo & Company decreased their target price on Monolithic Power Systems from $710.00 to $665.00 and set an “equal weight” rating for the company in a research report on Friday. Citigroup started coverage on shares of Monolithic Power Systems in a report on Wednesday, December 11th. They set a “buy” rating and a $700.00 price objective for the company. Rosenblatt Securities dropped their target price on shares of Monolithic Power Systems from $800.00 to $750.00 and set a “neutral” rating on the stock in a research note on Friday. Oppenheimer reaffirmed an “outperform” rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday. Finally, Loop Capital boosted their price target on Monolithic Power Systems from $660.00 to $760.00 and gave the company a “buy” rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $851.58.

Monolithic Power Systems Company 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.