Groupama Asset Managment Has $1.61 Million Holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Groupama Asset Managment trimmed its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 33.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,671 shares of the semiconductor company’s stock after selling 1,353 shares during the period. Groupama Asset Managment’s holdings in Monolithic Power Systems were worth $1,612,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MPWR. Trexquant Investment LP raised its holdings in Monolithic Power Systems by 261.8% during the 4th quarter. Trexquant Investment LP now owns 15,706 shares of the semiconductor company’s stock worth $9,293,000 after purchasing an additional 11,365 shares during the last quarter. Boston Family Office LLC raised its stake in Monolithic Power Systems by 1,031.6% during the fourth quarter. Boston Family Office LLC now owns 2,614 shares of the semiconductor company’s stock worth $1,547,000 after buying an additional 2,383 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Monolithic Power Systems by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 1,365,459 shares of the semiconductor company’s stock valued at $807,158,000 after buying an additional 31,295 shares during the period. HighPoint Advisor Group LLC boosted its position in Monolithic Power Systems by 18.5% during the fourth quarter. HighPoint Advisor Group LLC now owns 1,713 shares of the semiconductor company’s stock valued at $1,014,000 after acquiring an additional 267 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Monolithic Power Systems during the 4th quarter worth about $454,000. 93.46% of the stock is owned by institutional investors.

Insider Transactions at Monolithic Power Systems

In related news, EVP Maurice Sciammas sold 7,000 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $701.98, for a total transaction of $4,913,860.00. Following the transaction, the executive vice president now directly owns 16,015 shares in the company, valued at approximately $11,242,209.70. The trade was a 30.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MPWR shares. KeyCorp boosted their price objective on Monolithic Power Systems from $700.00 to $850.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. 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 research note on Friday, February 7th. Wells Fargo & Company reduced their price objective on shares of Monolithic Power Systems from $710.00 to $665.00 and set an “equal weight” rating for the company in a research report on Friday, March 21st. Oppenheimer reiterated an “outperform” rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, March 21st. Finally, Citigroup began coverage on shares of Monolithic Power Systems in a research note on Wednesday, December 11th. They set a “buy” rating and a $700.00 target price 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. Based on data from MarketBeat, Monolithic Power Systems has a consensus rating of “Moderate Buy” and a consensus target price of $851.58.

Monolithic Power Systems Price Performance

MPWR opened at $590.65 on Thursday. Monolithic Power Systems, Inc. has a fifty-two week low of $540.18 and a fifty-two week high of $959.64. The firm has a market capitalization of $28.27 billion, a PE ratio of 16.06, a P/E/G ratio of 2.60 and a beta of 1.03. The company’s 50-day moving average is $633.08 and its 200 day moving average is $691.97.

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 return on equity of 20.36% and a net margin of 80.95%. As a group, analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a yield of 1.06%. This is an increase from Monolithic Power Systems’s previous quarterly dividend of $1.25. The ex-dividend date is Monday, March 31st. Monolithic Power Systems’s payout ratio is currently 16.97%.

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.