Investors sentiment increased to 1.03 in 2018 Q4. Its up 0.03, from 1 in 2018Q3. It improved, as 38 investors sold Monolithic Power Systems, Inc. shares while 97 reduced holdings. 39 funds opened positions while 100 raised stakes. 42.92 million shares or 9.57% more from 39.17 million shares in 2018Q3 were reported.
Nuveen Asset Limited Liability Co accumulated 0.01% or 20,219 shares. Blackrock Incorporated holds 4.17 million shares or 0.02% of its portfolio. Whittier Trust Of Nevada stated it has 0.06% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). First Mercantile Tru Com holds 12,750 shares or 0.36% of its portfolio. Deutsche Financial Bank Ag has invested 0% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Sit Invest Assoc Incorporated invested in 0.06% or 17,360 shares. Renaissance Technology Limited Liability stated it has 0% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Fincl Bank Of America Corporation De, North Carolina-based fund reported 746,915 shares. Teachers Retirement Of The State Of Kentucky reported 28,169 shares. Millennium Management Ltd Liability holds 85,149 shares. California State Teachers Retirement Systems has invested 0.02% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Invesco Ltd has 602,580 shares for 0.03% of their portfolio. Montana-based Da Davidson Company has invested 0% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Ubs Asset Mgmt Americas accumulated 0% or 116,620 shares. Westpac Bk Corp holds 0% or 45,356 shares in its portfolio.
Since October 1, 2018, it had 0 insider purchases, and 25 sales for $54.29 million activity. $124,696 worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) was sold by Blegen Theodore on Monday, October 22. $9.52M worth of stock was sold by Hsing Michael on Monday, February 11. Sciammas Maurice had sold 4,615 shares worth $598,053. $2.83M worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) was sold by Tseng Saria on Monday, February 11. 21,308 shares were sold by Xiao Deming, worth $2.78M on Monday, February 11.
The stock of Monolithic Power Systems Inc (NASDAQ:MPWR) registered a decrease of 39.6% in short interest. MPWR’s total short interest was 1.09 million shares in March as published by FINRA. Its down 39.6% from 1.81M shares, reported previously. With 447,900 shares average volume, it will take short sellers 2 days to cover their MPWR’s short positions. The short interest to Monolithic Power Systems Inc’s float is 2.77%.
The stock increased 2.28% or $3.15 during the last trading session, reaching $141.1. About 266,484 shares traded. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has risen 17.91% since March 17, 2018 and is uptrending. It has outperformed by 13.54% the S&P500.
Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, industrial, computing and storage, and communications market divisions. The company has market cap of $6.06 billion. It offers direct current to DC converter 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. It has a 59.79 P/E ratio. The firm also provides lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination applications.
Monolithic Power Systems, Inc. (NASDAQ:MPWR) Ratings Coverage
Among 4 analysts covering Monolithic Power Systems (NASDAQ:MPWR), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Monolithic Power Systems had 5 analyst reports since September 25, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained Monolithic Power Systems, Inc. (NASDAQ:MPWR) rating on Tuesday, October 16. KeyBanc Capital Markets has “Overweight” rating and $150 target. The rating was downgraded by Raymond James to “Outperform” on Tuesday, September 25. On Monday, March 4 the stock rating was maintained by Needham with “Buy”. Deutsche Bank maintained the shares of MPWR in report on Wednesday, February 13 with “Buy” rating.
More notable recent Monolithic Power Systems, Inc. (NASDAQ:MPWR) news were published by: Globenewswire.com which released: “Monolithic Power Systems Announces Analyst Day on June 7, 2018 – GlobeNewswire” on April 11, 2018, also Seekingalpha.com with their article: “Monolithic Power declares $0.40 dividend – Seeking Alpha” published on February 12, 2019, Investorplace.com published: “This Dark Horse Semiconductor Stock Has Plenty of Room to Run – Investorplace.com” on October 09, 2018. More interesting news about Monolithic Power Systems, Inc. (NASDAQ:MPWR) were released by: Globenewswire.com and their article: “Monolithic Power Systems to Report Fourth Quarter and Full Year Results on February 12, 2019 – GlobeNewswire” published on January 25, 2019 as well as 247Wallst.com‘s news article titled: “Why Semiconductor Stocks Could Get Red Hot After Huge Nvidia Deal – 24/7 Wall St.” with publication date: March 12, 2019.