Monolithic Power System Inc (NASDAQ: MPWR) is 21.73% higher on its value in year-to-date trading and has touched a low of $546.71 and a high of $959.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MPWR stock was last observed hovering at around $660.90 in the last trading session, with the day’s gains setting it 59.35%.
Currently trading at $720.25, the stock is 13.16% and 17.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.53 million and changing 8.98% at the moment leaves the stock -5.54% off its SMA200. MPWR registered 13.79% gain for a year compared to 6-month loss of -4.86%. The firm has a 50-day simple moving average (SMA 50) of $615.4642 and a 200-day simple moving average (SMA200) of $762.4774.
The stock witnessed a 15.26% gain in the last 1 month and extending the period to 3 months gives it a -5.60%, and is 13.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.67% over the week and 4.31% over the month.
Monolithic Power System Inc (MPWR) has around 3564 employees, a market worth around $35.13B and $2.21B in sales. Current P/E ratio is 19.59 and Fwd P/E is 35.73. Profit margin for the company is 78.71%. Distance from 52-week low is 31.74% and -24.95% from its 52-week high. The company has generated returns on investments over the last 12 months (73.45%).
with sales reaching $620.82M over the same period.The EPS is expected to grow by 18.62% this year, but quarterly earnings will post 18.38% year-over-year. Quarterly sales are estimated to grow 35.58% in year-over-year returns.
Monolithic Power System Inc (MPWR) Top Institutional Holders
1239.0 institutions hold shares in Monolithic Power System Inc (MPWR), with institutional investors hold 102.14% of the company’s shares. The shares outstanding are 48.78M, and float is at 46.77M with Short Float at 5.55%. Institutions hold 98.70% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.91 million shares valued at $4.85 billion. The investor’s holdings represent 12.1463% of the MPWR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.7 million shares valued at $4.68 billion to account for 11.7099 of the shares outstanding. The other top investors are FMR LLC which holds 3.16 million shares representing 6.4932% and valued at over $2.59 billion, while STATE STREET CORP holds 4.1996 of the shares totaling 2.04 million with a market value of $1.68 billion.
Monolithic Power System Inc (MPWR) Insider Activity
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Still, SEC filings show that on Jan 24 ’25, Hsing Michael (CEO) disposed off 3,636 shares at an average price of $700.00 for $2.55 million. The insider now directly holds 854,629 shares of Monolithic Power System Inc (MPWR).
