YANKCOM Partnership Takes Position in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

YANKCOM Partnership bought a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 155 shares of the semiconductor company’s stock, valued at approximately $92,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MPWR. Czech National Bank grew its stake in Monolithic Power Systems by 7.1% during the 3rd quarter. Czech National Bank now owns 9,931 shares of the semiconductor company’s stock worth $9,181,000 after purchasing an additional 657 shares in the last quarter. Mather Group LLC. grew its stake in Monolithic Power Systems by 93.2% during the 3rd quarter. Mather Group LLC. now owns 313 shares of the semiconductor company’s stock worth $289,000 after purchasing an additional 151 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in Monolithic Power Systems by 7.1% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 349 shares of the semiconductor company’s stock worth $323,000 after purchasing an additional 23 shares in the last quarter. Atomi Financial Group Inc. grew its stake in Monolithic Power Systems by 15.5% during the 3rd quarter. Atomi Financial Group Inc. now owns 305 shares of the semiconductor company’s stock worth $282,000 after purchasing an additional 41 shares in the last quarter. Finally, CWM LLC grew its stake in Monolithic Power Systems by 37.9% during the 3rd quarter. CWM LLC now owns 2,155 shares of the semiconductor company’s stock worth $1,992,000 after purchasing an additional 592 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Monolithic Power Systems Stock Performance

Monolithic Power Systems stock opened at $660.90 on Friday. Monolithic Power Systems, Inc. has a fifty-two week low of $546.71 and a fifty-two week high of $959.64. The company has a market capitalization of $32.24 billion, a P/E ratio of 74.51, a PEG ratio of 2.44 and a beta of 1.03. The stock has a 50-day simple moving average of $613.54 and a 200-day simple moving average of $756.52.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $3.17 EPS for the quarter, missing the consensus estimate of $4.01 by ($0.84). Monolithic Power Systems had a net margin of 21.29% and a return on equity of 20.44%. As a group, analysts forecast that Monolithic Power Systems, Inc. will post 10.46 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend was Tuesday, December 31st. Monolithic Power Systems’s dividend payout ratio is presently 56.37%.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, CFO Theodore Blegen sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $600.00, for a total transaction of $1,500,000.00. Following the transaction, the chief financial officer now owns 53,444 shares in the company, valued at approximately $32,066,400. The trade was a 4.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.70% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts recently commented on the company. Oppenheimer lowered their target price on Monolithic Power Systems from $900.00 to $800.00 and set an “outperform” rating for the company in a research note on Friday, January 31st. Citigroup began coverage on Monolithic Power Systems in a report on Wednesday, December 11th. They set a “buy” rating and a $700.00 price target for the company. Loop Capital raised Monolithic Power Systems from a “hold” rating to a “buy” rating and set a $660.00 price target for the company in a report on Monday, November 18th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $880.00 price target on shares of Monolithic Power Systems in a report on Thursday. Finally, KeyCorp decreased their price target on Monolithic Power Systems from $1,075.00 to $700.00 and set an “overweight” rating for the company in a report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, Monolithic Power Systems has an average rating of “Moderate Buy” and an average price target of $820.33.

About Monolithic Power Systems

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.