Insider Filings: Why Victor Lee Unloaded 2,315 Stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR)?

November 23, 2016 - By Linda Rogers

Insider Filings: Why Victor Lee Unloaded 2,315 Stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR)?

Victor Lee Insider Sell

As shown in a legally required report that’s filled with the Security Exchange Commission on 22/11/2016, Victor Lee an insider in Monolithic Power Systems Inc and currently director, made a sale of shares worth $191,713 U.S. Dollars in the public company. He sold 2,315 shares, at average $82.8 per share. Victor Lee today has 22,796 shares or 0.06% of Monolithic Power Systems Inc’s market cap.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Ratings Coverage

Out of 8 analysts covering Monolithic Power Systems (NASDAQ:MPWR), 8 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $84 is the highest target while $61 is the lowest. The $73.83 average target is -12.05% below today’s ($83.95) stock price. Monolithic Power Systems has been the topic of 16 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, July 14 report. Needham initiated it with “Buy” rating and $67 target price in Monday, September 14 report. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) earned “Buy” rating by Needham on Tuesday, October 27. Stifel Nicolaus maintained it with “Buy” rating and $64 target price in Tuesday, October 27 report. On Tuesday, November 1 the stock rating was maintained by Stifel Nicolaus with “Buy”. On Friday, November 13 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained it with “Buy” rating and $72 target price in Tuesday, May 3 report. The stock has “Buy” rating given by William Blair on Monday, September 21. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) has “Outperform” rating given on Tuesday, May 3 by Oppenheimer. The firm has “Overweight” rating given on Friday, September 11 by Piper Jaffray.

Insitutional Activity: The institutional sentiment decreased to 1.14 in Q2 2016. Its down 0.45, from 1.59 in 2016Q1. The ratio turned negative, as 13 funds sold all Monolithic Power Systems, Inc. shares owned while 56 reduced positions. 29 funds bought stakes while 81 increased positions. They now own 38.61 million shares or 0.24% more from 38.51 million shares in 2016Q1.

Comml Bank Of Mellon reported 635,027 shares or 0.01% of all its holdings. Summit Creek Llc owns 196,824 shares or 2.28% of their US portfolio. Louisiana State Employees Retirement last reported 16,400 shares in the company. Arbor Ltd holds 1.47% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR) for 40,814 shares. Fincl Bank Of Montreal Can last reported 8,701 shares in the company. Dai Ichi Life Ins Com Limited owns 26,234 shares or 0.05% of their US portfolio. Whale Rock Cap Mngmt Limited Co reported 248,305 shares or 1.41% of all its holdings. Eagle Asset Management accumulated 0.03% or 71,224 shares. Loomis Sayles And Co L P reported 368,051 shares or 0.07% of all its holdings. New York State Common Retirement Fund holds 61,469 shares or 0.01% of its portfolio. Robecosam Usa owns 8,500 shares or 0.72% of their US portfolio. Axiom Invsts Llc De accumulated 50,686 shares or 0.1% of the stock. The Massachusetts-based Frontier Capital Management Company Limited Company has invested 0.38% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Tower Ltd Com (Trc) accumulated 0.01% or 2,245 shares. Thompson Davis & Commerce owns 571 shares or 0.06% of their US portfolio.

Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 25 selling transactions for $9.90 million net activity. 27 shares were sold by Xiao Deming, worth $1,778 on Tuesday, May 24. Shares for $12,863 were sold by Blegen Theodore. Hsing Michael also sold $1.53M worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) on Thursday, August 4. On Thursday, August 4 Sciammas Maurice sold $459,201 worth of the stock or 6,320 shares. Another trade for 2,000 shares valued at $159,084 was made by Moyer James C on Monday, October 3. Tseng Saria also sold $459,201 worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) shares. On Thursday, May 26 Lee Victor K sold $636,543 worth of the stock or 9,357 shares.

The stock increased 1.32% or $1.09 during the last trading session, hitting $83.95. About 424,608 shares traded hands or 35.80% up from the average. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has risen 32.39% since April 21, 2016 and is uptrending. It has outperformed by 27.06% the S&P500.

Monolithic Power Systems, Inc. designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The company has a market cap of $3.46 billion. The Firm provides power solutions for systems found in industrial applications, telecommunication infrastructures, cloud computing, automotive and consumer applications. It has a 75.68 P/E ratio. It operates in the design, development, marketing and sale of high-performance power solutions for the communications, storage and computing, consumer and industrial markets segment.

According to Zacks Investment Research, “Monolithic Power Systems, Inc. (MPWR) provides small, highly energy efficient, easy-to-use power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. MPS’ mission is to reduce total energy consumption in our customers’ systems and service our customers with green, practical, compact solutions. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world. The company was founded by Michael R. Hsing and James C. Moyer in 1997 and is headquartered in San Jose, CA.”

More important recent Monolithic Power Systems, Inc. (NASDAQ:MPWR) news were published by: Marketwatch.com which released: “Monolithic Power Systems stock price target raised to $100 from $83 at Raymond ..” on December 21, 2009, also Fool.com published article titled: “After Earnings Is Monolithic Power Systems Inc. a Buy?”, Prnewswire.com published: “Monolithic Power Systems Announces Chief Financial Officer Transition” on February 23, 2016. More interesting news about Monolithic Power Systems, Inc. (NASDAQ:MPWR) was released by: Prnewswire.com and their article: “Monolithic Power Systems Announces $50 Million Stock Repurchase Program” with publication date: February 04, 2016.

MPWR Company Profile

Monolithic Power Systems, Inc., incorporated on February 26, 2004, designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Firm provides power solutions for systems found in industrial applications, telecommunication infrastructures, cloud computing, automotive and consumer applications. The Firm operates in the design, development, marketing and sale of high-performance power solutions for the communications, storage and computing, consumer and industrial markets segment. The Firm has approximately two primary product families that address multiple applications within the communications, storage and computing, consumer and industrial markets. The Company’s product families include Direct Current (DC) to DC Products, and Lighting Control Products and alternating current (AC)/DC Offline Solutions.

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