Wed Oct 02 16:44:55 UTC 2024: ## Institutional Investors Shift Positions in Monolithic Power Systems Amid Positive Analyst Sentiment

**October 2nd, 2024** – Several institutional investors adjusted their holdings in Monolithic Power Systems, Inc. (NASDAQ: MPWR) during recent quarters, highlighting continued interest in the semiconductor company.

**Cim LLC** trimmed its position by 5% in the second quarter, selling 174 shares, while **Vanguard Group Inc.** increased its stake by 1% in the first quarter. Other notable investors included **Wellington Management Group LLP**, **Capital Research Global Investors**, **Vaughan Nelson Investment Management L.P.**, and **Van ECK Associates Corp.**, all of whom boosted their holdings. Overall, hedge funds and institutional investors now own 93.46% of MPWR stock.

The adjustments come amidst a wave of positive analyst sentiment. **KeyCorp**, **Needham & Company LLC**, **Raymond James**, **Stifel Nicolaus**, and **Oppenheimer** have all raised their target prices on MPWR shares in recent months. The consensus rating among analysts is “Buy” with an average target price of $952.30, according to MarketBeat.com.

Further fueling investor confidence, MPWR exceeded analysts’ expectations for both earnings and revenue in its most recent quarterly report, reporting $3.17 EPS and $507.40 million in revenue for the quarter ending August 1st. The company also declared a quarterly dividend of $1.25 per share.

However, insider selling activity may be a cause for concern. **CFO Theodore Blegen** sold 2,500 shares on September 3rd, and **EVP Deming Xiao** sold 3,205 shares on July 22nd. While this represents a small portion of their total holdings, it could be seen as a negative sign.

With a market capitalization of $43.41 billion and a strong track record of growth, Monolithic Power Systems continues to attract attention from both institutional investors and analysts. However, investors should carefully consider both the positive and negative signals before making any investment decisions.

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