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Insider Selling: Monolithic Power Systems (NASDAQ:MPWR) Director Sells 12,000 Shares of Stock
Monolithic Power Systems (NASDAQ:MPWR) Director Eugen Elmiger sold 12,000 shares of the company’s stock for approximately $19 million, decreasing his stake by nearly 69%. The sale follows strong quarterly results where MPWR exceeded EPS and revenue expectations. Despite this insider selling, analysts maintain a “Moderate Buy” consensus rating with an average target price of $1,599.17, driven by positive sentiment around AI infrastructure and automotive growth.