Monolithic Power Systems stock is trading -26.21% below its average target price of $550.8 after dropping -11.4% during today's afternoon session. Analysts are giving the large-cap Semiconductors company an average rating of buy and target prices ranging from $505.0 to $620.0 per share.
The stock has an average amount of shares sold short at 6.7%, and a short ratio of 5.1. The company's insiders own 2.81% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 101.4% of Monolithic Power Systems's shares being owned by this investor type.
Institutions Invested in Monolithic Power Systems
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Blackrock Inc. | 12% | 5,455,200 | $2,217,047,851 |
| 2022-12-31 | Vanguard Group, Inc. (The) | 11% | 5,118,311 | $2,080,132,792 |
| 2022-12-31 | Price (T.Rowe) Associates Inc | 8% | 3,651,445 | $1,483,983,775 |
| 2022-12-31 | State Street Corporation | 4% | 1,758,612 | $714,717,509 |
| 2022-12-31 | Franklin Resources, Inc. | 4% | 1,675,208 | $680,821,289 |
| 2022-12-31 | Invesco Ltd. | 3% | 1,486,193 | $604,003,702 |
| 2022-12-31 | FMR, LLC | 3% | 1,463,823 | $594,912,310 |
| 2022-12-31 | Massachusetts Financial Services Co. | 2% | 1,119,953 | $455,160,102 |
| 2022-12-31 | Brown Advisory Inc. | 2% | 1,059,694 | $430,670,242 |
| 2022-12-31 | Geode Capital Management, LLC | 2% | 953,081 | $387,341,652 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on Monolithic Power Systems.
