Robeco Institutional Asset Management B.V. Increases Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Robeco Institutional Asset Management B.V. increased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 86.2% during the third quarter, HoldingsChannel.com reports. The firm owned 38,333 shares of the semiconductor company’s stock after buying an additional 17,746 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Monolithic Power Systems were worth $35,439,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Dynamic Advisor Solutions LLC lifted its holdings in shares of Monolithic Power Systems by 3.8% in the second quarter. Dynamic Advisor Solutions LLC now owns 326 shares of the semiconductor company’s stock worth $268,000 after buying an additional 12 shares in the last quarter. Evergreen Capital Management LLC lifted its stake in Monolithic Power Systems by 1.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 888 shares of the semiconductor company’s stock worth $731,000 after purchasing an additional 12 shares in the last quarter. Outlook Wealth Advisors LLC lifted its stake in Monolithic Power Systems by 2.5% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 499 shares of the semiconductor company’s stock worth $461,000 after purchasing an additional 12 shares in the last quarter. Greenleaf Trust boosted its holdings in Monolithic Power Systems by 1.5% in the 3rd quarter. Greenleaf Trust now owns 979 shares of the semiconductor company’s stock valued at $905,000 after purchasing an additional 14 shares during the period. Finally, Valeo Financial Advisors LLC grew its position in shares of Monolithic Power Systems by 2.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 558 shares of the semiconductor company’s stock valued at $458,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling at Monolithic Power Systems

In other news, CFO Theodore Blegen sold 2,500 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $772.96, for a total value of $1,932,400.00. Following the sale, the chief financial officer now directly owns 56,678 shares in the company, valued at approximately $43,809,826.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Monolithic Power Systems news, EVP Deming Xiao sold 10,000 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $950.00, for a total transaction of $9,500,000.00. Following the transaction, the executive vice president now directly owns 29,714 shares of the company’s stock, valued at approximately $28,228,300. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Theodore Blegen sold 2,500 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $772.96, for a total transaction of $1,932,400.00. Following the completion of the transaction, the chief financial officer now owns 56,678 shares of the company’s stock, valued at $43,809,826.88. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 42,136 shares of company stock valued at $38,392,353 in the last 90 days. Insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

MPWR has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on Monolithic Power Systems from $750.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. TD Cowen dropped their price target on Monolithic Power Systems from $1,100.00 to $975.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Stifel Nicolaus upped their target price on shares of Monolithic Power Systems from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Raymond James lifted their price target on Monolithic Power Systems from $770.00 to $925.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Finally, Rosenblatt Securities lowered Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $942.40.

Monolithic Power Systems Stock Performance

NASDAQ:MPWR opened at $762.97 on Wednesday. Monolithic Power Systems, Inc. has a fifty-two week low of $480.43 and a fifty-two week high of $959.64. The firm has a market cap of $37.20 billion, a PE ratio of 86.02, a price-to-earnings-growth ratio of 3.53 and a beta of 1.15. The business has a 50 day moving average price of $890.49 and a 200-day moving average price of $827.12.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Wednesday, October 30th. The semiconductor company reported $2.99 earnings per share for the quarter, missing the consensus estimate of $3.04 by ($0.05). Monolithic Power Systems had a net margin of 21.29% and a return on equity of 20.44%. The firm had revenue of $620.12 million for the quarter, compared to analysts’ expectations of $600.10 million. Research analysts predict that Monolithic Power Systems, Inc. will post 10.36 EPS for the current year.

Monolithic Power Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $1.25 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $5.00 dividend on an annualized basis and a yield of 0.66%. Monolithic Power Systems’s dividend payout ratio is presently 56.37%.

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.