Monolithic Power Systems Inc (MPWR): Michael Hsing , CEO of Monolithic Power Systems Inc sold 19,693 shares on Apr 15, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $64.91 per share for a total value of $1,278,270.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 12, 2016, Deming Xiao (Pres. of MPS Asia Operations) sold 32,364 shares at $64.00 per share price.On Apr 11, 2016, Michael Hsing (CEO) sold 32,371 shares at $63.71 per share price.Also, On Apr 4, 2016, Maurice Sciammas (Sr. V.P.of Sales and Marketing) sold 4,622 shares at $64.25 per share price.On Feb 22, 2016, Saria Tseng (VP & General Counsel) sold 28,712 shares at $58.21 per share price.
Monolithic Power Systems: On Monday, Apr 18, 2016 heightened volatility was witnessed in Monolithic Power Systems which led to swings in the share price. The shares opened for trading at $64.18 and hit $65.21 on the upside , eventually ending the session at $64.92, with a gain of 0.36% or 0.23 points. The heightened volatility saw the trading volume jump to 2,02,624 shares. The 52-week high of the share price is $69.25 and the company has a market cap of $2,610 M . The 52-week low of the share price is at $40.752.
Currently the company Insiders own 5% of Monolithic Power Systems shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -6.68%.Institutional Investors own 93.51% of Monolithic Power Systems shares.During last six month period, the net percent change held by insiders has seen a change of 17.5%.
Monolithic Power Systems Inc. provides integrated power solutions. The Company provides power solutions for systems found in industrial applications telecom infrastructures cloud computing automotive and consumer applications. MPS can be contacted through its Website at www.monolithicpower.com or its support offices around the world. The Company is headquartered in San Jose California.