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Insider Trends: Insider at Monolithic Power Systems Awarded Stock and Converts/Exercises Derivative Security, Extends Buying Trend

· 02/04/2021 15:09

07:54 PM EST, 02/04/2021 (MT Newswires) -- Michael Hsing, Director and CEO, was awarded 232,443 shares in Monolithic Power Systems (MPWR) and exercised options/derivative securities for 96,500 shares in the company on Feb 02, 2021. Hsing, after the transactions designated in the SEC Form 4 filing, has control over 1,324,463 shares of company stock of which 1,178,598 shares are held directly and 145,865 shares are controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $485 million.

During the most recent 90-day period, prior to the date of this filing, there have been 24 insider transactions reported to the SEC for Monolithic Power Systems. These transactions came from the activities of 7 separate insiders that resulted in a net disposition of 136,679 company shares. In the preceding 90-day window of time, there were 25 transactions from 8 insiders and resulted in the net disposition of 164,337 shares.

This is a lower level of transactions than the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Peer group activity averaged 168.6 transactions per company, and disposition of 9,011 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1280452/000128045221000016/xslF345X03/edgardoc.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.