As Monolithic Power (MPWR) Valuation Rose, Pembroke Management LTD Upped Its Stake by $5.75 Million

September 8, 2018 - By Megan Stone

Monolithic Power Systems, Inc. (NASDAQ:MPWR) LogoInvestors sentiment increased to 1.13 in 2018 Q1. Its up 0.15, from 0.98 in 2017Q4. It improved, as 25 investors sold MPWR shares while 101 reduced holdings. 38 funds opened positions while 104 raised stakes. 37.42 million shares or 0.87% more from 37.10 million shares in 2017Q4 were reported. Moreover, Campbell And Comm Adviser Limited Liability has 0.17% invested in Monolithic Power Systems, Inc. (NASDAQ:MPWR). California State Teachers Retirement Sys has 60,827 shares. Blair William & Il reported 0.01% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Rhumbline Advisers reported 82,814 shares. New Mexico Educational Retirement Board holds 0.05% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR) for 10,500 shares. Citadel Advisors Limited Liability Corp reported 11,497 shares. Earnest Partners Ltd stated it has 819,704 shares. Schwab Charles Inv Management holds 261,656 shares or 0.02% of its portfolio. Massachusetts Fincl Services Communication Ma owns 554,160 shares or 0.03% of their US portfolio. Emerald Advisers Pa reported 0.84% stake. Quantitative Management Ltd Com reported 0.03% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Summit Creek Advisors Limited Liability Company holds 2.32% or 110,049 shares in its portfolio. Robecosam Ag has invested 3% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Parametric Assoc Limited Liability Co invested 0.01% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Morgan Stanley holds 233,396 shares.

Since March 19, 2018, it had 0 buys, and 24 insider sales for $26.44 million activity. 10,000 shares were sold by Moyer James C, worth $1.25M on Monday, May 7. $175,022 worth of stock was sold by Sciammas Maurice on Wednesday, April 18. On Friday, August 17 the insider Blegen Theodore sold $25,332. $663,694 worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) was sold by Tseng Saria on Monday, May 21. Another trade for 5,497 shares valued at $801,587 was sold by Xiao Deming.

Pembroke Management Ltd increased its stake in Monolithic Power (MPWR) by 43.92% based on its latest 2018Q1 regulatory filing with the SEC. Pembroke Management Ltd bought 50,027 shares as the company’s stock rose 9.92% while stock markets declined. The institutional investor held 163,927 shares of the technology company at the end of 2018Q1, valued at $18.98 million, up from 113,900 at the end of the previous reported quarter. Pembroke Management Ltd who had been investing in Monolithic Power for a number of months, seems to be bullish on the $6.26 billion market cap company. The stock decreased 0.89% or $1.33 during the last trading session, reaching $147.99. About 275,954 shares traded. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has risen 34.87% since September 8, 2017 and is uptrending. It has outperformed by 22.30% the S&P500.

Pembroke Management Ltd, which manages about $2.77B and $943.74 million US Long portfolio, decreased its stake in Globus Med Inc (NYSE:GMED) by 84,600 shares to 151,900 shares, valued at $7.57 million in 2018Q1, according to the filing. It also reduced its holding in Gildan Activewear (NYSE:GIL) by 372,900 shares in the quarter, leaving it with 807,530 shares, and cut its stake in Commercehub Inc.

Another recent and important Monolithic Power Systems, Inc. (NASDAQ:MPWR) news was published by Streetinsider.com which published an article titled: “5G Commercial Trial License and 5G Spectrum Likely to be Issued in China this Month, Earlier and Larger than …” on August 21, 2018.

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

Among 7 analysts covering Monolithic Power Systems (NASDAQ:MPWR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Monolithic Power Systems has $170 highest and $135 lowest target. $150.83’s average target is 1.92% above currents $147.99 stock price. Monolithic Power Systems had 11 analyst reports since April 12, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, May 8 by William Blair. KeyBanc Capital Markets maintained Monolithic Power Systems, Inc. (NASDAQ:MPWR) rating on Tuesday, May 1. KeyBanc Capital Markets has “Overweight” rating and $135 target. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, June 5 report. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) earned “Overweight” rating by KeyBanc Capital Markets on Wednesday, August 29. The rating was maintained by Needham with “Buy” on Friday, June 8. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, July 19. Needham maintained Monolithic Power Systems, Inc. (NASDAQ:MPWR) rating on Thursday, April 19. Needham has “Buy” rating and $14000 target. Stifel Nicolaus maintained it with “Buy” rating and $147 target in Friday, June 8 report. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) has “Buy” rating given on Tuesday, May 1 by Stifel Nicolaus.

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

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