Asahi Life Asset Management CO. LTD. acquires new stock in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

According to the company’s most recent 13F filing with the SEC, Asahi Life Asset Management Co., Ltd.

Purchased additional positions in Monolithic Power Systems, Inc. (NASDAQ:MPWR) during the third quarter. The mutual fund bought 729 shares of the semiconductor manufacturer for around $265,000.

Recently, several other institutional investors have changed the amount of the company’s stock they hold in their portfolios.

During the third quarter, ProShare Advisors LLC made an 8.2% purchase of additional shares in Monolithic Power Systems, bringing its total ownership of the company to 98.4%.

ProShare Advisors LLC now owns 12,935 shares of the semiconductor company, having purchased an additional 985 shares during the period in question. The market price for these shares is currently $4.7 million. Total shares of Monolithic Power Systems, owned by Chevy Chase Trust Holdings LLC, increased 2.5% in the third quarter due to the company’s decision to purchase additional shares.

Following an additional purchase of 662 shares during the period, Chevy Chase Trust Holdings LLC now owns 27,140 shares of the semiconductor company, currently valued at $9,863,000. This is because the company made one additional purchase during the period. Vaughan Nelson Investment Management LP

Increased the interest in Monolithic Power Systems in which it was invested by 27.3% in the third quarter. After purchasing an additional 42,306 shares of the semiconductor company during the quarter, Vaughan Nelson Investment Management LP now holds 197,328 shares of the company. The aggregate value of their interest in the Company at this time is $71,710,000.

Empirical Finance LLC made a new investment of approximately $245,000 in Monolithic Power Systems in the third quarter.

During the third quarter of this fiscal year, Alabama-based Retirement Systems’ share of monolithic power systems increased by 1.6%. After purchasing an additional 228 shares during the period, Alabama-based Retirement Systems now owns 14,763 shares of the semiconductor company for a total of $5,360,000.

Institutional investors and hedge funds together hold an interest in the company of 96.42% of the total number of shares outstanding.
Jacob C

Moyer, the company’s director, sold 40,000 shares of the company’s stock on Monday, December 12. The transaction has been completed.

Each share was found to generate $386.53 in revenue, bringing the total proceeds from the sale of shares to $15,461,200.00. The Director is now the proud owner of 42,938 shares of the Company’s shares, valued as a direct result of the transaction, at an aggregate value of $16,596,825.14. Following this link will take you to the SEC filing, which discusses the transaction in more detail. Jacob C

Moyer, the company’s director, sold 40,000 shares of the company’s stock on Monday, December 12. The transaction has been completed.

Each share was found to generate $386.53 in revenue, bringing the total proceeds from the sale of shares to $15,461,200.00. The Director is now the proud owner of 42,938 shares of the Company’s shares, valued as a direct result of the transaction, at an aggregate value of $16,596,825.14.

After clicking this link, you will be directed to the SEC filing where the transaction was described in more detail.

Deming Xiao, a company employee believed to be an insider, sold 10,243 shares of the company on Jan. 24. The price of each share was set at an average of $430 and the total proceeds from the sale of the shares was $4,404,490.00.

Following the closing of the transaction, the company insider now directly owns a total of 251,677 shares of the company. These shares are valued at approximately $108,221,110.

Disclosures related to sales may be found in this section of the website. Company insiders were responsible for the sale of a total of 98,549 shares of the Company’s shares during the prior quarter, resulting in a total value for the Company of $37,233,959.

The company’s employees own 2% of the company’s total stock, making them a significant shareholder group.
There were a few different brokerage firms that were in contact with MPWR. Cowen lowered its price target for monolithic power systems from $600 to $425 in a report published on Friday, October 28.

As a result of a study published Monday, the “buy” rating and price target assigned by Truist Financial to Monolithic Power Systems were raised from $432.00 to $533.00.

In addition, the price target was raised to $533.00 from $432.00.