Monolithic Power Systems Inc (NASDAQ:MPWR) Sentiment Change Report

January 18, 2018 - By Clifton Ray

 Monolithic Power Systems Inc (NASDAQ:MPWR) Sentiment Change Report

Sentiment for Monolithic Power Systems Inc (NASDAQ:MPWR)

Monolithic Power Systems Inc (NASDAQ:MPWR) institutional sentiment increased to 1.57 in Q3 2017. Its up 0.48, from 1.09 in 2017Q2. The ratio is better, as 146 investment managers increased or opened new holdings, while 93 sold and trimmed stock positions in Monolithic Power Systems Inc. The investment managers in our partner’s database now own: 37.96 million shares, up from 37.56 million shares in 2017Q2. Also, the number of investment managers holding Monolithic Power Systems Inc in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 17 Reduced: 76 Increased: 108 New Position: 38.

Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, industrial, computing and storage, and communications market divisions. The company has market cap of $4.98 billion. It offers direct current to DC converter 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. It has a 74.59 P/E ratio. The firm also provides lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination applications.

The stock decreased 0.41% or $0.49 during the last trading session, reaching $120.02. About 172,953 shares traded. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has risen 53.09% since January 18, 2017 and is uptrending. It has outperformed by 36.39% the S&P500.

Analysts await Monolithic Power Systems, Inc. (NASDAQ:MPWR) to report earnings on February, 8. They expect $0.53 EPS, up 32.50 % or $0.13 from last year’s $0.4 per share. MPWR’s profit will be $22.00 million for 56.61 P/E if the $0.53 EPS becomes a reality. After $0.55 actual EPS reported by Monolithic Power Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64 % negative EPS growth.

Zevenbergen Capital Investments Llc holds 2.9% of its portfolio in Monolithic Power Systems, Inc. for 626,170 shares. Hwg Holdings Lp owns 29,937 shares or 2.51% of their US portfolio. Moreover, Summit Creek Advisors Llc has 2.33% invested in the company for 110,864 shares. The Ontario – Canada-based Agf Investments America Inc. has invested 2.16% in the stock. Oberweis Asset Management Inc, a Illinois-based fund reported 63,888 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 17 sales for $13.06 million activity.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Ratings Coverage

Ratings analysis reveals 100% of Monolithic Power Systems’s analysts are positive. Out of 10 Wall Street analysts rating Monolithic Power Systems, 10 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $61 while the high is $14000. The stock’s average target of $116 is -3.35% below today’s ($120.02) share price. MPWR was included in 34 notes of analysts from August 31, 2015. The rating was maintained by Oppenheimer on Wednesday, June 28 with “Buy”. Stifel Nicolaus maintained it with “Buy” rating and $126 target in Friday, October 27 report. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) has “Buy” rating given on Tuesday, November 7 by Stifel Nicolaus. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) earned “Buy” rating by Stifel Nicolaus on Thursday, July 14. Needham maintained the shares of MPWR in report on Thursday, July 27 with “Buy” rating. The stock has “Overweight” rating by Piper Jaffray on Friday, September 11. William Blair maintained the stock with “Outperform” rating in Monday, August 31 report. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, May 3. The firm has “Buy” rating given on Sunday, July 23 by Oppenheimer. The company was maintained on Friday, November 13 by Stifel Nicolaus.

More notable recent Monolithic Power Systems, Inc. (NASDAQ:MPWR) news were published by: Nasdaq.com which released: “Monolithic Power Systems, Inc. (MPWR) Ex-Dividend Date Scheduled for December …” on December 27, 2017, also Seekingalpha.com with their article: “Monolithic Power Systems (MPWR) Q2 2017 Results – Earnings Call Transcript” published on July 27, 2017, Globenewswire.com published: “Monolithic Power Systems to Report Third Quarter Results on October 26, 2017” on October 11, 2017. More interesting news about Monolithic Power Systems, Inc. (NASDAQ:MPWR) were released by: Seekingalpha.com and their article: “Monolithic Power Systems’ (MPWR) CEO Michael Hsing on Q3 2017 Results …” published on October 28, 2017 as well as Zacks.com‘s news article titled: “Monolithic Power’s Prospects Look Bright: Should You Buy?” with publication date: December 20, 2017.

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