The investment world has been abuzz with the news that Natixis has raised its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by an impressive 49.7%. This increase was noted following the company’s most recent Form 13F filing with the Securities and Exchange Commission. Natixis now boasts a total of 5,722 shares in the semiconductor company’s stock, having acquired an additional 1,900 shares during the fourth quarter period. The total value of Natixis’ holdings in Monolithic Power Systems, based on their most recent filing with the Securities and Exchange Commission, is $2,020,000.
Monolithic Power Systems recently stunned analysts as it announced its quarterly earnings results last May 4th. The semiconductor company reported earnings per share (EPS) of $2.27 for that quarter – a figure that exceeded analysts’ consensus estimates by $0.02. With these results, Monolithic Power Systems demonstrated a return on equity of 30% and a net margin of 25.06%. For that same quarter, the company had revenue amounting to $451.07 million – performing better than analysts’ expectations of $450.46 million.
Monolithic Power Systems is involved in providing power electronics solutions to various markets such as computing and storage, automotive industry, industrial settings, communications industries and even consumer market. It does this through direct current (DC) integrated circuits (ICs) designed to convert and control voltages for several electronic systems ranging from portable devices like smartphones or tablets to advanced medical equipment.
As investors eagerly anticipate what lies ahead for Monolithic Power Systems this year given its impressive last report on earnings performance along with an increase in stake from Natixis; it’s important for them also to gain a full understanding of MPS business model and its position within each market it serves while keeping tab on current news developments around the brand that could impact its stock value.
[bs_slider_forecast ticker=”MPWR”]
Monolithic Power Systems, Inc. Attracting Institutional Investors and Analysts’ Attention
Monolithic Power Systems, Inc. (MPWR) has recently seen interest from institutional investors and hedge funds. This includes Picton Mahoney Asset Management, Dakota Wealth Management, Healthcare of Ontario Pension Plan Trust Fund, SVB Wealth LLC, and Arizona State Retirement System. According to recent reports, 96.42% of the company’s stock is owned by such entities.
Shares of MPWR have been trading at $521.96, reaching a 12-month high of $553.64 and a 12-month low of $301.69. The company’s market capitalization stands at $24.74 billion with a P/E ratio of 54.47 and a beta of 1.12.
The company specializes in the design and sale of semiconductor-based power electronics solutions for various markets including computing and storage, automotive, industrial, communications and consumer electronics.
With regard to insider sales, VP Maurice Sciammas sold a total of 1,714 shares in two separate transactions on May 9th for an average price of $409.78 per share—a total transaction value of $702,362.92—and now owns 204,349 shares valued at around $83 million.
In light of recent activity surrounding Monolithic Power Systems’ stock performance and insider trading activities, numerous financial analysts have weighed in on the issue offering buy ratings with target prices spanning from $475 to over $600 per share.
The consensus rating according to Bloomberg.com currently stands as Moderate Buy with an average target price for MPWR at $522.67 per share.
Monolithic Power Systems continues to be an attractive prospect within the semiconductor space given its consistent growth trajectory over recent years across diverse markets coupled with strong financial fundamentals evidenced by consistent revenue growth and profitability metrics reflected in its current P/E ratio trend relative to industry averages.’