Insider at Monolithic Power Systems (MPWR) Makes Significant Sale of Stock

Wednesday, November 15, 2017 10:15 PM ET

Insider at Monolithic Power Systems (MPWR) Makes Significant Sale of Stock

One Monolithic Power Systems insider Michael Hsing, Director and Officer, today, sold 18,817 shares having a market value of approximately $2,251,055, as indicated in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 65,593 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 14,068 shares per transaction over this time period.

The number of insider buy/sell trades at Monolithic Power Systems is greater than that of the 77 peer company average over the last 90-day period. The Semiconductors peer group saw 187 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 109,530 shares purchased and 24,390,450 shares sold with company insiders disposing of 129,844 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to compose and write this story.

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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