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  "docSlug": "1c836eeb374c",
  "documentTitle": "Monolithic Power Systems (MPWR)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-10-09 00:00:00",
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  "notes": "The slide uses red circles to draw attention to specific periods of insider selling activity.",
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      "kind": "callout",
      "text": "Red Flag: Beware of insider selling when the company is buying. The last period of MPWR's share repurchases were in 2012-2015. This is the same period Chang's ownership effectively went to zero. CEO Hsing made his largest stock sale ever in 2015.",
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      "text": "Line chart showing ownership percentages over time for CEO Hsing and Director Herbert Chang.",
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      "text": "insider ownership: 1.3%",
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      "text": "Kuo Wei (Herbert) Chang, Monolithic's largest shareholder at IPO, rapidly sold stock post IPO, and today owns practically no shares. CEO Hsing's ownership also continues to decline to just 1.3% today.",
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      "text": "Source: Proxy Statements",
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      "kind": "title",
      "text": "Insider Ownership At All-Time Lows",
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