Natixis Advisors LLC Sells 16,625 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Natixis Advisors LLC reduced its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 10.0% during the 4th quarter, HoldingsChannel reports. The fund owned 149,683 shares of the semiconductor company’s stock after selling 16,625 shares during the period. Natixis Advisors LLC’s holdings in Monolithic Power Systems were worth $88,568,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MPWR. Tradewinds Capital Management LLC grew its stake in shares of Monolithic Power Systems by 120.0% during the fourth quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 24 shares during the last quarter. OFI Invest Asset Management bought a new position in shares of Monolithic Power Systems during the fourth quarter valued at approximately $27,000. West Oak Capital LLC grew its stake in shares of Monolithic Power Systems by 990.9% during the fourth quarter. West Oak Capital LLC now owns 600 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 545 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of Monolithic Power Systems during the fourth quarter valued at approximately $39,000. Finally, AlphaQuest LLC bought a new position in shares of Monolithic Power Systems during the fourth quarter valued at approximately $41,000. 93.46% of the stock is owned by institutional investors.

Monolithic Power Systems Stock Up 6.1 %

Monolithic Power Systems stock opened at $606.06 on Friday. The business has a fifty day moving average of $636.23 and a two-hundred day moving average of $716.92. The firm has a market cap of $29.01 billion, a P/E ratio of 16.48, a P/E/G ratio of 2.60 and a beta of 1.03. Monolithic Power Systems, Inc. has a twelve month low of $546.71 and a twelve month high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR) last issued 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 80.95% and a return on equity of 20.36%. Equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Monolithic Power Systems’s previous quarterly dividend of $1.25. Monolithic Power Systems’s dividend payout ratio is currently 16.97%.

Insider Activity

In related 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 value 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 $11,242,209.70. This represents a 30.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MPWR shares. Wells Fargo & Company upped their target price on Monolithic Power Systems from $610.00 to $710.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. Rosenblatt Securities reiterated a “neutral” rating and issued a $880.00 price target on shares of Monolithic Power Systems in a report on Thursday, February 6th. Needham & Company LLC boosted their price target on Monolithic Power Systems from $600.00 to $800.00 and gave the company a “buy” rating in a report on Friday, February 7th. 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. Finally, Oppenheimer lowered their price target on Monolithic Power Systems from $900.00 to $800.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $866.17.

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.