Monolithic Power Systems Inc (MPWR): Michael Hsing , CEO of Monolithic Power Systems Inc sold 32,371 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $63.71 per share for a total value of $2,062,214.00.
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%.
Shares of Monolithic Power Systems (MPWR) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -0.20% at $63.52 with 1,66,718 shares getting traded. Post opening the session at $64.06, the shares hit an intraday low of $63.4 and an intraday high of $64.4 and the price vacillated in this range throughout the day. The company has a market cap of $2,553 M and the number of outstanding shares has been calculated to be 4,01,99,618 shares. The 52-week high of Monolithic Power Systems is $69.25 and the 52-week low is $40.752.
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.