Monolithic Power Systems (NASDAQ:MPWR) have seen numerous transactions by institutional investors and insiders. Investment firms like
Mirae Asset Global Investments Co. Ltd and
Wealth Enhancement Advisory Services have increased their positions in MPWR, alongside other institutional buyers such as the
Retirement Systems of Alabama and
New Century Financial Group. However, insiders, including Director
Victor Lee, CEO
Michael Hsing, and CFO
Theodore Blegen, have sold significant quantities of their shares in recent times . Conducting a strong performance against market anticipations, the company's Q4 and Q1 performances produced mixed results, with Q1 witnessing boosted sales but a marginal dip in earnings. The company even escalated its
dividend. Endorsements from brokerages have been positive, with one price target upped by 21.06%. However, there is caution due to the recent selling of stock by insiders. Nevertheless, the Congress Asset Management Co. currently ranks MPWR as its 10th largest position making Monolithic Power Systems a pertinent player for investors to watch in upcoming quarters.
Monolithic Power Systems MPWR News Analytics from Wed, 10 Jan 2024 08:00:00 GMT to Sun, 07 Jul 2024 18:42:30 GMT -
Rating 8
- Innovation 5
- Information 9
- Rumor 4
