Generali Investments Management Co LLC Has $2 Million Stake in Monolithic Power Systems, Inc. $MPWR

Generali Investments Management Co LLC grew its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 152.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,174 shares of the semiconductor company’s stock after purchasing an additional 1,313 shares during the period. Generali Investments Management Co LLC’s holdings in Monolithic Power Systems were worth $2,001,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. True Wealth Design LLC boosted its stake in shares of Monolithic Power Systems by 61.1% in the third quarter. True Wealth Design LLC now owns 29 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 11 shares during the period. Fortress Financial Solutions LLC raised its holdings in Monolithic Power Systems by 1.7% in the 2nd quarter. Fortress Financial Solutions LLC now owns 709 shares of the semiconductor company’s stock valued at $518,000 after acquiring an additional 12 shares in the last quarter. Cromwell Holdings LLC raised its holdings in Monolithic Power Systems by 9.2% in the 3rd quarter. Cromwell Holdings LLC now owns 143 shares of the semiconductor company’s stock valued at $132,000 after acquiring an additional 12 shares in the last quarter. Sagespring Wealth Partners LLC lifted its position in shares of Monolithic Power Systems by 2.4% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 512 shares of the semiconductor company’s stock valued at $471,000 after acquiring an additional 12 shares during the period. Finally, UMB Bank n.a. grew its holdings in shares of Monolithic Power Systems by 2.5% during the 3rd quarter. UMB Bank n.a. now owns 492 shares of the semiconductor company’s stock worth $453,000 after purchasing an additional 12 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Insider Activity

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 200 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $1,179.97, for a total value of $235,994.00. Following the completion of the transaction, the executive vice president directly owned 1,299 shares in the company, valued at approximately $1,532,781.03. This represents a 13.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Saria Tseng sold 22,875 shares of Monolithic Power Systems stock in a transaction on Friday, February 6th. The stock was sold at an average price of $1,171.16, for a total transaction of $26,790,285.00. Following the transaction, the executive vice president owned 200,626 shares in the company, valued at approximately $234,965,146.16. This trade represents a 10.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 101,550 shares of company stock worth $116,980,720. Company insiders own 3.40% of the company’s stock.

Monolithic Power Systems Stock Down 4.2%

NASDAQ MPWR opened at $1,180.13 on Friday. The company has a market cap of $56.54 billion, a price-to-earnings ratio of 92.63, a price-to-earnings-growth ratio of 3.12 and a beta of 1.45. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $1,256.22. The business’s fifty day moving average is $1,069.44 and its 200 day moving average is $974.39.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Thursday, February 5th. The semiconductor company reported $4.79 EPS for the quarter, beating the consensus estimate of $4.74 by $0.05. The firm had revenue of $751.16 million during the quarter, compared to the consensus estimate of $741.69 million. Monolithic Power Systems had a return on equity of 18.09% and a net margin of 22.07%.The business’s quarterly revenue was up 20.8% on a year-over-year basis. During the same period last year, the company earned $4.09 earnings per share. On average, research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $2.00 per share. The ex-dividend date is Tuesday, March 31st. This represents a $8.00 annualized dividend and a yield of 0.7%. This is a boost from Monolithic Power Systems’s previous quarterly dividend of $1.56. Monolithic Power Systems’s dividend payout ratio is 48.98%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MPWR shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Monolithic Power Systems in a research note on Friday, December 26th. KeyCorp increased their price objective on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Rosenblatt Securities raised their target price on shares of Monolithic Power Systems from $950.00 to $1,000.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Needham & Company LLC upped their price target on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Truist Financial increased their price target on shares of Monolithic Power Systems from $1,375.00 to $1,396.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $1,218.42.

About Monolithic Power Systems

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.