Monolithic Power Systems, Inc. (MPWR) With $120.68 Price Forms Double Top Pattern

April 16, 2018 - By Sonya McDaniel

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Corporate Logo

Big Money Sentiment decreased to 0.98 in 2017 Q4. It has change of 0.59, from 2017Q3’s 1.57. The ratio worsened due to Monolithic Power Systems, Inc. positioning: 15 sold and 113 reduced. 43 funds acquired stakes and 83 increased stakes. Investors holded 37.96 million in 2017Q3 but now own 37.10 million shares or 2.27% less.
Us Savings Bank De accumulated 0.02% or 43,890 shs. Federated Inc Pa reported 99,663 shs. Dimensional Fund Advsr Lp reported 239,783 shs. Campbell Newman Asset Management Inc invested 0.06% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Emerald Advisers Pa reported 117,156 shs. Ajo L P, a Pennsylvania-based fund reported 32,300 shs. Brinker Cap stated it has 0.05% of its capital in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Smithfield Trust invested in 0.03% or 1,900 shs. Guggenheim Limited Liability stated it has 88,829 shs. Nj State Employees Deferred Compensation Plan has invested 0.08% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Oberweis Asset Management has 67,369 shs. The New York-based Secor Cap Ltd Partnership has invested 0.07% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Shine Inv Advisory Svcs has 0% invested in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Renaissance Grp Inc Ltd Llc holds 0.02% of its capital in Monolithic Power Systems, Inc. (NASDAQ:MPWR) for 4,231 shs. Susquehanna Group Llp stated it has 0% in Monolithic Power Systems, Inc. (NASDAQ:MPWR).

Monolithic Power Systems, Inc. had 24 insider sales and 0 buys since October 30, 2017. This’s net activity of $48.09 million. On Thursday, February 15 Blegen Theodore had sold 1,287 shs worth $150,944. On Tuesday, January 16 Moyer James C sold $1.84M worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR). Xiao Deming also sold $3.16 million worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) shs. $539,315 worth of Monolithic Power Systems, Inc. (NASDAQ:MPWR) shs were sold by Sciammas Maurice. The insider Tseng Saria sold $3.10M.

With $131.54 PT Monolithic Power Systems, Inc. (MPWR) shows a double top. That’s 9.00 % above today’s $120.68 price per share. $5.08B MC has the stock. This chart setup was posted on Apr, 16 by Finviz.com. At $131.54 PT, the company’s valuation could be $457.56 million more.

MPWR reached $120.675 on during the last trading session after $0.155 change.Currently Monolithic Power Systems, Inc. is uptrending after 27.07% change in last April 16, 2017. MPWR has also 17,526 shares volume. MPWR outperformed the S&P 500 by 15.52%.

Analysts await Monolithic Power Systems, Inc. (NASDAQ:MPWR) to report earnings on April, 25. They expect $0.50 EPS, up 47.06 % or $0.16 from last year’s $0.34 per share. MPWR’s profit will be $21.06 million for 60.34 P/E if the $0.50 EPS becomes a reality. After $0.58 actual EPS reported by Monolithic Power Systems, Inc. for the previous quarter, Wall Street now forecasts -13.79 % negative EPS growth.

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

In total 7 analysts cover Monolithic Power Systems (NASDAQ:MPWR). “Buy” rating has 7, “Sell” are 0, while 0 are “Hold”. 100% are bullish. With $140.0 highest and $120 lowest [Target] Monolithic Power Systems has $132.43 average [Target] or 9.74% above the current ($120.675) price. 10 are the (NASDAQ:MPWR)’s analyst reports since October 24, 2017 according to StockzIntelligence Inc. The stock rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 27. On Friday, October 27 the stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) earned “Outperform” rating by Oppenheimer. The company rating was maintained by Deutsche Bank on Tuesday, October 24. On Friday, October 27 the rating was maintained by SunTrust with “Buy”. On Friday, October 27 the company was maintained by Needham. On Wednesday, February 21 the rating was maintained by Needham with “Buy”. On Thursday, October 26 KeyBanc Capital Markets maintained the shares of MPWR in report with “Buy” rating. The company rating was maintained by Stifel Nicolaus on Tuesday, November 7. On Friday, February 9 the firm earned “Buy” rating by Needham.

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

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