Can analysts adopt a bullish outlook for Monolithic Power Systems, Inc. (NASDAQ:MPWR)?

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Logo
Investors sentiment decreased to 1 in Q3 2018. Its down 0.32, from 1.32 in 2018Q2. It worsened, as 25 investors sold Monolithic Power Systems, Inc. shares while 110 reduced holdings. 42 funds opened positions while 93 raised stakes. 39.17 million shares or 1.65% more from 38.54 million shares in 2018Q2 were reported.
Campbell Invest Adviser Ltd Liability Company holds 2,476 shares or 0.21% of its portfolio. State Board Of Administration Of Florida Retirement Sys has invested 0.02% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Nordea Investment Mgmt Ab, a Sweden-based fund reported 33,170 shares. United Ser Automobile Association holds 0.01% or 22,333 shares. Nevada-based Navellier And Assoc Incorporated has invested 0.08% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Wasatch Advsrs accumulated 1.18 million shares. Aperio Gru Lc invested in 25,336 shares or 0.01% of the stock. Quantitative Systematic Strategies Lc stated it has 4,193 shares. Raymond James And has 0.01% invested in Monolithic Power Systems, Inc. (NASDAQ:MPWR) for 72,063 shares. Moreover, Utah Retirement System has 0.02% invested in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Nomura holds 0% or 2,052 shares. Macquarie Group Ltd, Australia-based fund reported 231,270 shares. Oakbrook Limited Liability Corp owns 5,450 shares. Fifth Third Bankshares accumulated 240 shares. Riverhead Limited Liability Co reported 0.01% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR).

Since August 14, 2018, it had 0 insider purchases, and 19 sales for $27.37 million activity. On Monday, December 3 the insider Hsing Michael sold $4.74M. Tseng Saria also sold $833,405 worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) on Wednesday, August 15. Moyer James C sold 15,000 shares worth $1.80M. Shares for $707,016 were sold by Sciammas Maurice. The insider Blegen Theodore sold $25,332.

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

Among 3 analysts covering Monolithic Power Systems (NASDAQ:MPWR), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Monolithic Power Systems had 4 analyst reports since July 19, 2018 according to SRatingsIntel. Raymond James downgraded Monolithic Power Systems, Inc. (NASDAQ:MPWR) rating on Tuesday, September 25. Raymond James has “Outperform” rating and $160 target. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) has “Buy” rating given on Thursday, July 19 by Stifel Nicolaus. As per Wednesday, August 29, the company rating was maintained by KeyBanc Capital Markets. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, October 16. Below is a list of Monolithic Power Systems, Inc. (NASDAQ:MPWR) latest ratings and price target changes.

16/10/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $170 New Target: $150 Maintain
25/09/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Outperform Old Target: $160 New Target: $160 Downgrade
29/08/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $150 New Target: $170 Maintain
19/07/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $147 New Target: $155 Maintain

The stock decreased 2.73% or $3.39 during the last trading session, reaching $120.78. About 233,097 shares traded. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has risen 7.99% since January 14, 2018 and is uptrending. It has outperformed by 7.99% the S&P500.

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 $5.12 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 59.41 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.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Institutional Positions Chart

(adsbygoogle = window.adsbygoogle || []).push({});

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.