Monolithic Power Systems (MPWR) : On Friday, The money flowed into the Monolithic Power Systems (MPWR) stock with an uptick to downtick ratio was recorded at 1.25. Transactions worth $5.96 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $4.77 million. The total money flow into the stock was $1.2 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0 million of block transactions on upticks. The total money flow in block trades was $0 million. In terms of price action, Monolithic Power Systems (MPWR) traded down $0.05 during the session at $77.61. Compared to the previous days closing, the stock was down only by -0.06%. For the week, the stock is 1.2%, over previous weeks closing.
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 -3.24% . Institutional Investors own 98.85% of Monolithic Power Systems shares. During last six month period, the net percent change held by insiders has seen a change of -10.79%.
In a related news,The officer (CFO) of Monolithic Power Systems Inc, Blegen Theodore sold 099 shares at $76.65 on September 1, 2016. The Insider selling transaction had a total value worth of $7,588. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Monolithic Power Systems (NASDAQ:MPWR): stock was range-bound between the intraday low of $77.05 and the intraday high of $78.45 after having opened at $78.05 on Fridays session. The stock finally closed in the red at $78.05, a loss of -0.37%. The stock remained in the red for the whole trading day. The total traded volume was 5,209,528 shares. The stock failed to cross $78.45 in Fridays trading. The stocks closing price on Thursday was $77.66.
Monolithic Power Systems (MPWR) : Traders are bullish on Monolithic Power Systems (MPWR) as it has outperformed the S&P 500 by a wide margin of 6.16% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.38%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.89% in the last 1 week, and is up 6.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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.