Key Points
- Monolithic Power Systems EVP Saria Tseng sold 7,565 shares on May 27 at an average price of $1,700, totaling about $12.86 million. After the sale, she still held 144,218 shares, and her ownership fell by roughly 5%.
- Insider selling has been persistent at MPWR, with Tseng and other executives making several recent sales, and coverage noting insiders have sold roughly $515 million of stock overall. That pattern may be weighing on investor sentiment.
- The company’s fundamentals and stock performance remain strong: MPWR beat quarterly earnings and revenue estimates, while the stock has surged near its 52-week high. Even so, some analysts and market commentary continue to flag valuation concerns.
Monolithic Power Systems, Inc. (NASDAQ:MPWR - Get Free Report) EVP Saria Tseng sold 7,565 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $1,700.00, for a total value of $12,860,500.00. Following the completion of the sale, the executive vice president owned 144,218 shares of the company's stock, valued at approximately $245,170,600. This trade represents a 4.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Saria Tseng also recently made the following trade(s):
- On Friday, May 22nd, Saria Tseng sold 5,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,586.43, for a total value of $7,932,150.00.
- On Wednesday, April 8th, Saria Tseng sold 8,963 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,305.22, for a total value of $11,698,686.86.
- On Monday, April 6th, Saria Tseng sold 7,636 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,167.95, for a total value of $8,918,466.20.
- On Wednesday, April 1st, Saria Tseng sold 1,400 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,133.52, for a total value of $1,586,928.00.
- On Monday, March 30th, Saria Tseng sold 25,674 shares of Monolithic Power Systems stock. The shares were sold at an average price of $1,010.50, for a total value of $25,943,577.00.
Monolithic Power Systems Stock Performance
Shares of MPWR stock opened at $1,566.21 on Friday. The stock's 50-day simple moving average is $1,411.52 and its 200-day simple moving average is $1,161.77. The firm has a market capitalization of $76.95 billion, a PE ratio of 112.92, a P/E/G ratio of 2.92 and a beta of 1.74. Monolithic Power Systems, Inc. has a fifty-two week low of $643.36 and a fifty-two week high of $1,714.09.
Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share for the quarter, beating analysts' consensus estimates of $4.90 by $0.20. The business had revenue of $804.19 million for the quarter, compared to analyst estimates of $781.93 million. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The company's revenue was up 26.1% on a year-over-year basis. During the same period in the prior year, the company earned $4.04 earnings per share. Sell-side analysts forecast that Monolithic Power Systems, Inc. will post 20.13 earnings per share for the current year.
Monolithic Power Systems News Summary
Here are the key news stories impacting Monolithic Power Systems this week:
- Negative Sentiment: EVP Saria Tseng disclosed a sale of 7,565 shares at an average price of $1,700, trimming her position by about 5%. Insiders at Monolithic Power have been actively selling lately, which can signal that management sees less near-term upside. Article Title
- Negative Sentiment: Director Jeff Zhou also sold 486 shares at $1,680, continuing a recent pattern of insider selling at MPWR. Multiple insider sales in a short period often pressure sentiment, even if the amounts are small relative to total holdings. Article Title
- Negative Sentiment: Separate coverage noted that insiders have sold roughly $515 million of Monolithic Power stock, reinforcing concerns that the shares may be getting expensive after a strong run. Article Title
- Negative Sentiment: GuruFocus said MPWR still looks overvalued despite the recent rally, adding to valuation anxiety as the stock trades near its highs. Article Title
Institutional Trading of Monolithic Power Systems
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Penserra Capital Management LLC grew its holdings in Monolithic Power Systems by 88.9% in the third quarter. Penserra Capital Management LLC now owns 2,191 shares of the semiconductor company's stock valued at $2,016,000 after purchasing an additional 1,031 shares during the period. AE Wealth Management LLC acquired a new stake in Monolithic Power Systems in the third quarter valued at approximately $1,121,000. Candriam S.C.A. grew its holdings in Monolithic Power Systems by 6.9% in the third quarter. Candriam S.C.A. now owns 85,907 shares of the semiconductor company's stock valued at $79,089,000 after purchasing an additional 5,561 shares during the period. Vanguard Group Inc. grew its holdings in Monolithic Power Systems by 2.3% in the third quarter. Vanguard Group Inc. now owns 6,074,033 shares of the semiconductor company's stock valued at $5,591,998,000 after purchasing an additional 134,087 shares during the period. Finally, First Trust Advisors LP grew its holdings in Monolithic Power Systems by 66.4% in the third quarter. First Trust Advisors LP now owns 447,801 shares of the semiconductor company's stock valued at $412,263,000 after purchasing an additional 178,622 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on MPWR. KeyCorp increased their price objective on Monolithic Power Systems from $1,500.00 to $2,000.00 and gave the company an "overweight" rating in a report on Friday, May 1st. Truist Financial set a $1,805.00 price objective on Monolithic Power Systems in a report on Friday, May 1st. TD Cowen increased their price objective on Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a "buy" rating in a report on Friday, May 1st. Oppenheimer set a $1,700.00 price objective on Monolithic Power Systems in a report on Friday, May 1st. Finally, Citigroup reissued a "buy" rating on shares of Monolithic Power Systems in a report on Friday, May 1st. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and an average price target of $1,599.17.
Read Our Latest Research Report on Monolithic Power Systems
Monolithic Power Systems Company Profile
(
Get Free Report)
Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.
MPS's product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.
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