Ethic Inc. Has $5.98 Million Stake in Monolithic Power Systems, Inc. $MPWR

Ethic Inc. increased its stake in Monolithic Power Systems (NASDAQ:MPWR) by 12.5% in the fourth quarter, now holding 6,592 shares valued at $5.98 million. Monolithic Power Systems showed strong quarterly earnings, beating estimates with a 26.1% year-over-year revenue increase to $804.2 million. Despite bullish analyst sentiment and a “Moderate Buy” consensus, the company has experienced significant insider selling from directors in early May.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin