Trexquant Investment LP Takes Position in Monolithic Power Systems, Inc. (MPWR)

Trexquant Investment LP acquired a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,636 shares of the semiconductor company’s stock, valued at approximately $331,000.

Other institutional investors also recently bought and sold shares of the company. First Hawaiian Bank purchased a new stake in shares of Monolithic Power Systems during the third quarter worth $127,000. Grandeur Peak Global Advisors LLC purchased a new stake in shares of Monolithic Power Systems during the second quarter worth $141,000. Engineers Gate Manager LP acquired a new position in shares of Monolithic Power Systems during the second quarter worth $201,000. Eagle Boston Investment Management Inc. acquired a new position in shares of Monolithic Power Systems during the second quarter worth $216,000. Finally, Signition LP acquired a new position in shares of Monolithic Power Systems during the second quarter worth $222,000. 94.73% of the stock is currently owned by institutional investors and hedge funds.

Shares of MPWR stock opened at $121.83 on Friday. The firm has a market cap of $5.32 billion, a P/E ratio of 53.19, a PEG ratio of 2.04 and a beta of 1.51. Monolithic Power Systems, Inc. has a 12 month low of $101.99 and a 12 month high of $152.21.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, October 25th. The semiconductor company reported $0.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.73. Monolithic Power Systems had a net margin of 16.07% and a return on equity of 18.51%. The company had revenue of $159.98 million during the quarter, compared to the consensus estimate of $158.59 million. Analysts expect that Monolithic Power Systems, Inc. will post 2.46 EPS for the current year.

In other Monolithic Power Systems news, VP Maurice Sciammas sold 5,808 shares of the company’s stock in a transaction on Monday, November 5th. The shares were sold at an average price of $121.73, for a total value of $707,007.84. Following the completion of the transaction, the vice president now owns 307,551 shares in the company, valued at $37,438,183.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James C. Moyer sold 15,000 shares of the company’s stock in a transaction on Monday, September 10th. The shares were sold at an average price of $146.27, for a total transaction of $2,194,050.00. Following the completion of the transaction, the director now owns 626,815 shares of the company’s stock, valued at approximately $91,684,230.05. The disclosure for this sale can be found here. Insiders sold 124,264 shares of company stock valued at $16,009,687 in the last 90 days. 4.00% of the stock is currently owned by insiders.

A number of brokerages recently commented on MPWR. ValuEngine upgraded shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 26th. BidaskClub upgraded shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research note on Friday, November 23rd. Zacks Investment Research downgraded shares of Monolithic Power Systems from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. KeyCorp lowered their target price on shares of Monolithic Power Systems from $170.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, October 16th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $155.00 target price on shares of Monolithic Power Systems in a research note on Thursday, September 13th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $151.00.

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Monolithic Power Systems Company Profile

Monolithic Power Systems, Inc designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment.

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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