South Texas Money Management Ltd Decreased Monolithic Pwr Sys Inc (NASDAQ:MPWR) Stake By $16.36 Million

August 12, 2018 - By Richard Doty

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. Nordea Inv Management accumulated 25,515 shares. The New York-based Tiaa Cref Investment Mgmt Limited Liability Com has invested 0.01% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Whittier has invested 0.17% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Brown Advisory invested in 0.07% or 137,129 shares. Parkside National Bank Trust stated it has 0% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Bluecrest Mgmt Ltd reported 4,190 shares. Icon Advisers Company holds 92,712 shares. Alps Advisors Inc accumulated 1,729 shares or 0% of the stock. Moreover, California State Teachers Retirement has 0.02% invested in Monolithic Power Systems, Inc. (NASDAQ:MPWR) for 60,827 shares. Hanseatic Mgmt Inc stated it has 0% of its portfolio in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Eam Invsts Limited Liability Corp holds 0.34% in Monolithic Power Systems, Inc. (NASDAQ:MPWR) or 17,528 shares. State Street Corporation stated it has 1.39M shares or 0.01% of all its holdings. Adage Capital Ptnrs Grp Inc Ltd Liability Corporation has invested 0.02% in Monolithic Power Systems, Inc. (NASDAQ:MPWR). Barclays Pcl accumulated 11,277 shares or 0% of the stock. Td Asset reported 0% stake.

Since February 12, 2018, it had 0 insider buys, and 26 insider sales for $35.99 million activity. Tseng Saria sold 29,497 shares worth $3.19 million. Hsing Michael had sold 20,429 shares worth $2.27M on Wednesday, February 14. Blegen Theodore sold $150,944 worth of stock or 1,287 shares. Xiao Deming had sold 4,816 shares worth $626,080 on Friday, May 18. The insider Moyer James C sold 15,000 shares worth $1.70M.

South Texas Money Management Ltd decreased its stake in Monolithic Pwr Sys Inc (NASDAQ:MPWR) by 91.47% based on its latest 2018Q2 regulatory filing with the SEC. South Texas Money Management Ltd sold 122,980 shares as the company’s stock rose 9.92% while stock markets declined. The institutional investor held 11,466 shares of the technology company at the end of 2018Q2, valued at $1.53 million, down from 134,446 at the end of the previous reported quarter. South Texas Money Management Ltd who had been investing in Monolithic Pwr Sys Inc for a number of months, seems to be less bullish one the $5.90 billion market cap company. The stock decreased 0.19% or $0.27 during the last trading session, reaching $139.42. About 498,724 shares traded or 28.90% up from the average. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has risen 34.87% since August 13, 2017 and is uptrending. It has outperformed by 22.30% the S&P500.

South Texas Money Management Ltd is a Texas-based institutional investor with more than $2.17 billion AUM in August, 2014. Taken from South Texas Money Management latest Adv, the fund reported to have 55 full and part-time employees. Among which 27 performing investment advisory and research functions. The institutional investor had more than 1400 clients.

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

Among 7 analysts covering Monolithic Power (NASDAQ:MPWR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Monolithic Power had 11 analyst reports since February 21, 2018 according to SRatingsIntel. The stock has “Buy” rating by Needham on Friday, June 8. As per Tuesday, May 1, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, June 8 report. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) has “Buy” rating given on Tuesday, June 5 by Deutsche Bank. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) has “Overweight” rating given on Tuesday, May 1 by KeyBanc Capital Markets. As per Tuesday, May 8, the company rating was reinitiated by William Blair. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, July 19 report. The company was maintained on Wednesday, February 21 by Needham. The stock of Monolithic Power Systems, Inc. (NASDAQ:MPWR) earned “Buy” rating by Needham on Thursday, April 19.

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 $5.90 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 74.92 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.

Another recent and important Monolithic Power Systems, Inc. (NASDAQ:MPWR) news was published by Seekingalpha.com which published an article titled: “Monolithic Power Systems, Inc. (MPWR) CEO Michael Hsing on Q2 2018 Results – Earnings Call Transcript” on July 26, 2018.

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

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