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Despite recent earnings shortfall, major investment firms boost holdings in Monolithic Power Systems.
Investment firms including Optimas Capital Ltd, Versant Capital Management Inc, Corient Private Wealth LLC, and Connor Clark & Lunn Investment Management Ltd have increased their holdings in Monolithic Power Systems, Inc. (NASDAQ: MPWR), a company designing and selling semiconductor-based power electronics solutions. These investments come despite the company recently missing earnings expectations, reporting EPS of $3.17 compared to analyst forecasts of $4.01. Monolithic Power Systems' stock currently trades around $640, with a market cap of $30.66 billion and a dividend yield of 0.97%.
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