News headlines about Monolithic Power Systems (NASDAQ:MPWR) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Monolithic Power Systems earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 45.3494095155562 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have effected Accern’s scoring:
- Insider Selling: Monolithic Power Systems, Inc. (MPWR) Insider Sells 4,816 Shares of Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) VP Saria Tseng Sells 5,070 Shares (americanbankingnews.com)
- Has Monolithic Power Systems Inc (NASDAQ:MPWR) Got Enough Cash? (finance.yahoo.com)
- Theodore Blegen Sells 180 Shares of Monolithic Power Systems, Inc. (MPWR) Stock (americanbankingnews.com)
- Monolithic Power Systems, Inc. (MPWR) VP Sells $387,690.00 in Stock (americanbankingnews.com)
MPWR stock opened at $130.59 on Friday. Monolithic Power Systems has a 12-month low of $93.69 and a 12-month high of $131.90. The stock has a market capitalization of $5.46 billion, a P/E ratio of 70.59, a PEG ratio of 2.90 and a beta of 1.29.
Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings data on Monday, April 30th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.02. Monolithic Power Systems had a return on equity of 17.04% and a net margin of 14.52%. The company had revenue of $129.20 million for the quarter, compared to analysts’ expectations of $125.18 million. During the same period in the previous year, the firm posted $0.58 EPS. Monolithic Power Systems’s revenue was up 28.7% compared to the same quarter last year. equities research analysts anticipate that Monolithic Power Systems will post 2.48 earnings per share for the current year.
MPWR has been the topic of a number of analyst reports. Raymond James initiated coverage on Monolithic Power Systems in a research report on Thursday, April 12th. They set a “strong-buy” rating and a $140.00 target price on the stock. BidaskClub upgraded Monolithic Power Systems from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 23rd. Zacks Investment Research cut Monolithic Power Systems from a “buy” rating to a “hold” rating in a research report on Friday, May 4th. Needham & Company LLC raised their target price on Monolithic Power Systems from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, May 1st. Finally, KeyCorp raised their target price on Monolithic Power Systems from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, May 1st. One research analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $133.80.
In other news, CEO Michael Hsing sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $111.90, for a total transaction of $2,238,000.00. Following the transaction, the chief executive officer now directly owns 1,224,789 shares in the company, valued at approximately $137,053,889.10. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Theodore Blegen sold 460 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $117.18, for a total value of $53,902.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 134,555 shares of company stock worth $16,180,965. 4.00% of the stock is currently owned by insiders.
About Monolithic Power Systems
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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