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Mirabaud Asset Management Ltd Purchases Shares of 4,881 Monolithic Power Systems, Inc. $MPWR
Mirabaud Asset Management Ltd has acquired a new stake in Monolithic Power Systems, purchasing 4,881 shares valued at approximately $4.4 million, making it their 17th largest holding. This comes as Monolithic Power Systems reported strong quarterly results with increased revenue and earnings, and analysts maintain a generally bullish outlook despite some insider selling. The company’s stock performance shows a significant year-over-year revenue increase and a positive outlook for future earnings per share.