Earnest Partners Reduces $8M in Monolithic Power Systems, Inc. ($MPWR)
Key Points
- Earnest Partners changed its Monolithic Power Systems, Inc. ($MPWR) stake by 3.1% last quarter, cutting to 151,771 shares worth $239.39 million.
- $MPWR last traded around $1,577.32.
Earnest Partners trimmed its position in Monolithic Power Systems, Inc. ($MPWR) by 3.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 151,771 shares of Monolithic Power Systems, Inc. after selling 4,872 shares during the quarter. Earnest Partners's holdings in Monolithic Power Systems, Inc. were worth $239.39 million as of its most recent filing.
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About Monolithic Power Systems, Inc.
Monolithic Power Systems, Inc. provides semiconductor-based power electronics solutions in China, Taiwan, South Korea, Southeast Asia, Europe, the United States, Japan, and internationally. The company offers direct current (DC) to DC solutions to convert and control voltages within a range of electronic systems, such as cloud-based and on-premises CPU servers and workstations, AI systems, memory, storage solutions, notebooks, infotainment, power sources, home appliances, network infrastructure, and satellite communications. It also provides alternating current (AC) to DC; driver metal-oxide-semiconductor field-effect transistors; power management integrated circuits (ICs); and current limit switch and lighting control products. The company serves storage and computing, enterprise data, automotive, communications, consumer, and industrial end markets through third-party distributors and value-added resellers. Monolithic Power Systems, Inc. was incorporated in 1997 and is based in West Palm Beach, Florida.
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