Orion Portfolio Solutions LLC and Artisan Small Cap Fund have reduced their holdings in Monolithic Power Systems, Inc. (MPWR) while Commerce Bank and US Bancorp DE have increased their investments. Analysts have given MPWR a moderate buy recommendation while Dynamic Technology Lab Private Ltd and Wells Fargo & Company MN have cut their holdings. The company's Q1 earnings indicate strong reports, yet several insiders including Director Jeff Zhou and Director CHANG KUO WEI HERBERT have sold their stakes.
The company reported better-than-expected sales for Q1, with a mixed reception of revenue increase but earnings dip. Despite this, MPWR's shares have seen robust growth. MPWR's shares were also bought by PNC Financial Services Group Inc and Hsbc Holdings PLC among others. The company's shares have seen sales through Artisan Partners Limited Partnership and from insiders. Full-year results saw an increase in dividends, despite a mixed bag of results in Q4 and Full-Year 2023. Monolithic Power Systems, Inc. reported an EPS miss for the full year 2023.
Monolithic Power Systems MPWR News Analytics from Mon, 30 Oct 2023 07:00:00 GMT to Thu, 30 May 2024 11:05:29 GMT - Rating 3 - Innovation 6 - Information 7 - Rumor -1
