Trilogy Capital Inc. Acquires 1,764 Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Trilogy Capital Inc. boosted its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 100.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,528 shares of the semiconductor company’s stock after buying an additional 1,764 shares during the period. Trilogy Capital Inc.’s holdings in Monolithic Power Systems were worth $2,088,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MPWR. Czech National Bank increased its position in shares of Monolithic Power Systems by 7.1% during the third quarter. Czech National Bank now owns 9,931 shares of the semiconductor company’s stock valued at $9,181,000 after purchasing an additional 657 shares during the period. Mather Group LLC. boosted its stake in Monolithic Power Systems by 93.2% in the 3rd quarter. Mather Group LLC. now owns 313 shares of the semiconductor company’s stock valued at $289,000 after buying an additional 151 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Monolithic Power Systems by 7.1% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 349 shares of the semiconductor company’s stock valued at $323,000 after buying an additional 23 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in Monolithic Power Systems by 15.5% in the 3rd quarter. Atomi Financial Group Inc. now owns 305 shares of the semiconductor company’s stock valued at $282,000 after buying an additional 41 shares in the last quarter. Finally, CWM LLC boosted its stake in Monolithic Power Systems by 37.9% in the 3rd quarter. CWM LLC now owns 2,155 shares of the semiconductor company’s stock valued at $1,992,000 after buying an additional 592 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Deming Xiao sold 866 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $765.14, for a total transaction of $662,611.24. Following the transaction, the executive vice president now owns 162,239 shares in the company, valued at approximately $124,135,548.46. This trade represents a 0.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Theodore Blegen sold 2,500 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $600.00, for a total value of $1,500,000.00. Following the transaction, the chief financial officer now owns 53,444 shares in the company, valued at approximately $32,066,400. This trade represents a 4.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,100 shares of company stock valued at $2,724,231 over the last three months. Insiders own 3.70% of the company’s stock.

Monolithic Power Systems Stock Performance

Shares of NASDAQ MPWR opened at $653.87 on Thursday. The stock has a 50 day moving average price of $613.54 and a 200 day moving average price of $756.52. Monolithic Power Systems, Inc. has a 52 week low of $546.71 and a 52 week high of $959.64. The stock has a market capitalization of $31.90 billion, a PE ratio of 73.72, a price-to-earnings-growth ratio of 2.44 and a beta of 1.03.

Monolithic Power Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $1.25 per share. The ex-dividend date was Tuesday, December 31st. This represents a $5.00 annualized dividend and a yield of 0.76%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 56.37%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Citigroup initiated coverage on Monolithic Power Systems in a research note on Wednesday, December 11th. They issued a “buy” rating and a $700.00 price objective on the stock. Needham & Company LLC dropped their price objective on Monolithic Power Systems from $950.00 to $600.00 and set a “buy” rating for the company in a report on Friday, November 22nd. KeyCorp lowered their price target on Monolithic Power Systems from $1,075.00 to $700.00 and set an “overweight” rating for the company in a report on Monday, November 18th. Loop Capital upgraded Monolithic Power Systems from a “hold” rating to a “buy” rating and set a $660.00 price target for the company in a report on Monday, November 18th. 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 analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $820.33.

Monolithic Power Systems 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.