Rothschild Investment LLC Has $93,000 Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Rothschild Investment LLC cut its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 11.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 158 shares of the semiconductor company’s stock after selling 20 shares during the period. Rothschild Investment LLC’s holdings in Monolithic Power Systems were worth $93,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Tradewinds Capital Management LLC increased its holdings in Monolithic Power Systems by 120.0% during the fourth quarter. Tradewinds Capital Management LLC now owns 44 shares of the semiconductor company’s stock worth $26,000 after buying an additional 24 shares during the last quarter. West Oak Capital LLC increased its holdings in Monolithic Power Systems by 990.9% during the fourth quarter. West Oak Capital LLC now owns 600 shares of the semiconductor company’s stock worth $32,000 after buying an additional 545 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in Monolithic Power Systems during the third quarter worth $36,000. Golden State Wealth Management LLC acquired a new position in Monolithic Power Systems during the fourth quarter worth $39,000. Finally, Rakuten Securities Inc. increased its holdings in Monolithic Power Systems by 410.0% during the third quarter. Rakuten Securities Inc. now owns 51 shares of the semiconductor company’s stock worth $47,000 after buying an additional 41 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Theodore Blegen sold 2,500 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $600.00, for a total transaction of $1,500,000.00. Following the completion of the sale, the chief financial officer now owns 53,444 shares of the company’s stock, valued at $32,066,400. This represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Maurice Sciammas sold 7,000 shares of the company’s stock in a transaction dated 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 sale, 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 disclosure for this sale can be found here. 3.70% of the stock is currently owned by company insiders.

Monolithic Power Systems Stock Performance

Shares of Monolithic Power Systems stock opened at $651.32 on Wednesday. The firm has a 50-day moving average of $638.72 and a 200-day moving average of $743.91. The stock has a market cap of $31.77 billion, a PE ratio of 17.71, a PEG ratio of 2.60 and a beta of 1.03. Monolithic Power Systems, Inc. has a 52-week low of $546.71 and a 52-week high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $3.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 research 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 given a dividend of $1.56 per share. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend is Monday, March 31st. This represents a $6.24 annualized dividend and a yield of 0.96%. Monolithic Power Systems’s dividend payout ratio is currently 16.97%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. KeyCorp boosted their target price on shares of Monolithic Power Systems from $700.00 to $850.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. TD Cowen decreased their price objective on shares of Monolithic Power Systems from $1,100.00 to $975.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Needham & Company LLC upped their price objective on shares of Monolithic Power Systems from $600.00 to $800.00 and gave the company a “buy” rating in a report on Friday, February 7th. Wells Fargo & Company upped their price objective on shares of Monolithic Power Systems from $610.00 to $710.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Finally, Citigroup started coverage on shares of Monolithic Power Systems in a report on Wednesday, December 11th. They issued a “buy” rating and a $700.00 price objective on the stock. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $866.17.

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.