Monolithic Power (NASDAQ:MPWR) Systems Inc. (NASDAQ:MPWR) director Jeff Zhou has sold shares of the company's common stock, according to a recent SEC filing. On May 20, Zhou sold 200 shares at a price of $750.00 each, totaling $150,000.
The transaction has adjusted Zhou's holdings in the semiconductor company to 6,069 shares following the sale. The sale was executed directly, indicating that the shares were personally held by Zhou.
Monolithic Power Systems, headquartered in Kirkland, Washington, specializes in semiconductors and related devices, playing an integral role in the manufacturing industry. With the recent transaction, investors are keeping an eye on insider trading activities for signals about the company's performance and stock valuation.
The sale was officially signed off on May 22 by Saria Tseng, acting as attorney-in-fact for Mr. Jeff Zhou. It's worth noting that insider sales can be influenced by various factors and do not necessarily indicate a negative outlook on the company's future by the seller.
Investors often monitor insider transactions as part of their due diligence, as these can provide insights into how the company's executives and directors view the stock's value. Monolithic Power Systems' latest insider transaction is now part of the public record for shareholders and potential investors to consider.
InvestingPro Insights
As Monolithic Power Systems Inc. (NASDAQ:MPWR) director Jeff Zhou adjusts his holdings with a recent sale of shares, investors are evaluating the company's financial metrics and market position for a clearer investment picture. According to InvestingPro data, Monolithic Power Systems is currently valued at a market capitalization of $37.02 billion, with a high price-to-earnings (P/E) ratio of 88.89. Despite a slight decrease in revenue growth over the last twelve months, with a -2.12% change, the company's gross profit margin remains robust at 55.52%, reflecting efficient operations.
InvestingPro Tips suggest that Monolithic Power Systems has been consistent with its dividend payments, raising its dividend for 6 consecutive years and maintaining payments for 11 consecutive years. This commitment to shareholder returns, alongside a 25.0% dividend growth in the last twelve months, could be a sign of the company's financial health and management's confidence in its future prospects. Furthermore, 13 analysts have revised their earnings expectations upwards for the upcoming period, which may indicate potential positive performance on the horizon.
Investors looking for a deeper dive into Monolithic Power Systems' financials and future outlook can find additional InvestingPro Tips at https://www.investing.com/pro/MPWR. There are 17 more tips available, offering insights such as the company's liquidity position, debt levels, and valuation multiples. For those considering an InvestingPro subscription, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, enriching your investment research with valuable analytics and real-time data.
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