Monolithic Energy Programs, Inc. (NASDAQ:MPWR – Get Rating) has earned a consensus score of “Average Purchase” from the twelve analysis companies which can be presently masking the corporate, Marketbeat Ratings reviews. One funding analyst has rated the inventory with a maintain score and eight have issued a purchase score on the corporate. The typical 1 yr goal value amongst analysts which have up to date their protection on the inventory within the final yr is $431.70.
Various brokerages lately weighed in on MPWR. Cowen decreased their value goal on shares of Monolithic Energy Programs from $600.00 to $425.00 in a report on Friday, October twenty eighth. Cowen reduce their goal value on shares of Monolithic Energy Programs from $600.00 to $425.00 in a analysis report on Friday, October twenty eighth. StockNews.com initiated protection on shares of Monolithic Energy Programs in a analysis report on Wednesday, October twelfth. They set a “maintain” score on the inventory. Oppenheimer reduce their goal value on shares of Monolithic Energy Programs from $550.00 to $450.00 and set an “outperform” score on the inventory in a analysis report on Friday, October twenty first. Lastly, Truist Monetary reduce their goal value on shares of Monolithic Energy Programs from $569.00 to $432.00 and set a “purchase” score on the inventory in a analysis report on Friday, October twenty eighth.
Monolithic Energy Programs Worth Efficiency
Shares of MPWR opened at $369.28 on Friday. Monolithic Energy Programs has a 1-year low of $301.69 and a 1-year excessive of $573.60. The corporate has a 50-day shifting common of $360.10 and a 200 day shifting common of $412.75. The agency has a market capitalization of $17.33 billion, a price-to-earnings ratio of 45.59, a PEG ratio of 1.57 and a beta of 1.09.
Monolithic Energy Programs Dividend Announcement
The corporate additionally lately disclosed a quarterly dividend, which was paid on Friday, October 14th. Stockholders of file on Friday, September thirtieth got a $0.75 dividend. This represents a $3.00 dividend on an annualized foundation and a dividend yield of 0.81%. The ex-dividend date was Thursday, September twenty ninth. Monolithic Energy Programs’s payout ratio is presently 37.04%.
Insider Transactions at Monolithic Energy Programs
In associated information, CEO Michael Hsing bought 10,960 shares of Monolithic Energy Programs inventory in a transaction that occurred on Monday, October third. The shares had been bought at a median value of $372.60, for a complete worth of $4,083,696.00. Following the completion of the sale, the chief government officer now straight owns 1,005,883 shares within the firm, valued at roughly $374,792,005.80. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which might be accessed by way of the SEC website. In different Monolithic Energy Programs information, CEO Michael Hsing bought 10,960 shares of Monolithic Energy Programs inventory in a transaction that occurred on Monday, October third. The shares had been bought at a median value of $372.60, for a complete transaction of $4,083,696.00. Following the completion of the sale, the chief government officer now straight owns 1,005,883 shares within the firm, valued at roughly $374,792,005.80. The sale was disclosed in a doc filed with the SEC, which is accessible by way of this hyperlink. Additionally, CFO Theodore Blegen bought 905 shares of the inventory in a transaction on Monday, October third. The inventory was bought at a median value of $372.60, for a complete transaction of $337,203.00. Following the completion of the sale, the chief monetary officer now owns 125,921 shares within the firm, valued at roughly $46,918,164.60. The disclosure for this sale might be discovered here. Insiders have bought a complete of 48,996 shares of firm inventory valued at $18,290,325 within the final 90 days. Insiders personal 2.00% of the corporate’s inventory.
Hedge Funds Weigh In On Monolithic Energy Programs
A number of institutional buyers and hedge funds have lately modified their holdings of MPWR. Glassman Wealth Companies lifted its holdings in shares of Monolithic Energy Programs by 58.5% within the 2nd quarter. Glassman Wealth Companies now owns 65 shares of the semiconductor firm’s inventory valued at $25,000 after shopping for an extra 24 shares in the course of the interval. Guardian Wealth Advisors LLC acquired a brand new place in shares of Monolithic Energy Programs within the third quarter valued at about $27,000. Achmea Funding Administration B.V. acquired a brand new place in shares of Monolithic Energy Programs within the 1st quarter valued at about $27,000. Lindbrook Capital LLC lifted its holdings in shares of Monolithic Energy Programs by 75.6% within the 2nd quarter. Lindbrook Capital LLC now owns 72 shares of the semiconductor firm’s inventory valued at $28,000 after shopping for an extra 31 shares in the course of the interval. Lastly, Heritage Wealth Administration LLC acquired a brand new place in shares of Monolithic Energy Programs within the 2nd quarter valued at about $28,000. Institutional buyers and hedge funds personal 93.24% of the corporate’s inventory.
About Monolithic Energy Programs
Monolithic Energy Programs, Inc engages within the design, growth, advertising and marketing, and sale of semiconductor-based energy electronics options for the computing and storage, automotive, industrial, communications, and client markets. The corporate supplies direct present (DC) to DC built-in circuits (ICs) which can be used to transform and management voltages of assorted digital techniques, corresponding to transportable digital gadgets, wi-fi LAN entry factors, computer systems and notebooks, screens, infotainment purposes, and medical tools.
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