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Monolithic Power Systems, Inc. $MPWR Shares Acquired by NewEdge Wealth LLC
NewEdge Wealth LLC increased its holdings in Monolithic Power Systems (NASDAQ:MPWR) by 5.7% in Q4, reaching 17,896 shares valued at $16.2 million. The company reported strong Q4 results, surpassing earnings and revenue estimates, with revenue up 26.1% year-over-year. Despite positive analyst ratings and investor interest driven by AI and automotive growth, there have been notable insider sales, totaling $121.2 million in the last quarter.