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

· 02/04/2021 15:10

07:55 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Saria Tseng, VP & General Counsel, was awarded 60,186 shares in Monolithic Power Systems (MPWR) and exercised options/derivative securities for 32,165 shares in the company. Tseng, subsequent to the transactions outlined in the SEC Form 4 filing, owns 310,993 shares of the company, which have a market value of $114 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 31 insider transactions reported to the SEC for Monolithic Power Systems. These transactions came from the activities of 9 separate insiders that resulted in a net acquisition of 286,214 company shares. Relative to the preceding 90-day window of time, there were 25 transactions from 8 insiders which resulted in the net disposition of 164,337 shares.

This is less than the average level of insider transactions in the 82-company Semiconductors peer group over the last 90-day period. Within the peer group activity averaged 168.7 transactions per company, and disposition of 8,948 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1280452/000128045221000020/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.