Insiders Make Significant Stock Sales in Monolithic Power Systems (MPWR) Shares Extending the Trend of Last Quarter

Tuesday, November 07, 2017 10:15 PM ET

Insiders Make Significant Stock Sales in Monolithic Power Systems (MPWR) Shares Extending the Trend of Last Quarter

SEC filings today disclosed significant insider sales of Monolithic Power Systems shares as three insiders — Michael Hsing, Director and Officer, Saria Tseng, Officer, and Maurice Sciammas, Officer — disposed of 30,979 shares in the company having a market value of approximately $3,812,356. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 53,431 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 84,410 shares and have averaged 12,059 shares per transaction over this time period.

The number of insider buy/sell trades at Monolithic Power Systems is above that of the 77 peer company average over the last 90-day period. The Semiconductors peer group saw 182 buy/sell trades during this period for an average of 2.4 transactions per company. However, the number of shares traded per transaction by Monolithic Power Systems insiders is lower than its peers. Within the peer group there were 182,030 shares purchased and 24,645,845 shares sold with company insiders having sold 134,417 shares on average over this time period.

The data used in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Today’s Insider Activity
* Michael Hsing, Director and Officer, sold 19,765 shares
* Saria Tseng, Officer, sold 5,607 shares
* Maurice Sciammas, Officer, sold 5,607 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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