Avanza Fonder AB bought a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,813 shares of the semiconductor company’s stock, valued at approximately $2,789,000.
A number of other hedge funds also recently made changes to their positions in the company. Wedmont Private Capital lifted its stake in shares of Monolithic Power Systems by 1.3% in the 2nd quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company’s stock valued at $802,000 after purchasing an additional 14 shares during the last quarter. Beverly Hills Private Wealth LLC lifted its stake in shares of Monolithic Power Systems by 3.2% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company’s stock valued at $370,000 after purchasing an additional 20 shares during the last quarter. Cromwell Holdings LLC lifted its stake in shares of Monolithic Power Systems by 18.7% in the 1st quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 20 shares during the last quarter. Burney Co. lifted its stake in shares of Monolithic Power Systems by 2.2% in the 1st quarter. Burney Co. now owns 946 shares of the semiconductor company’s stock valued at $549,000 after purchasing an additional 20 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in shares of Monolithic Power Systems by 1.8% in the 2nd quarter. Exchange Traded Concepts LLC now owns 1,142 shares of the semiconductor company’s stock valued at $835,000 after purchasing an additional 20 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Monolithic Power Systems
In other Monolithic Power Systems news, Director Jeff Zhou sold 193 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total transaction of $167,910.00. Following the sale, the director owned 5,611 shares of the company’s stock, valued at approximately $4,881,570. This trade represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the sale, the executive vice president owned 121,605 shares of the company’s stock, valued at approximately $94,851,900. This represents a 24.75% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 52,792 shares of company stock valued at $41,066,150. 3.40% of the stock is currently owned by corporate insiders.
Monolithic Power Systems Trading Down 0.2%
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.09. The business had revenue of $664.57 million for the quarter, compared to analysts’ expectations of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business’s revenue for the quarter was up 31.0% on a year-over-year basis. During the same quarter last year, the firm earned $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.
Monolithic Power Systems Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is 16.25%.
Analyst Ratings Changes
MPWR has been the subject of several analyst reports. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. KeyCorp raised their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Citigroup reaffirmed a “buy” rating and issued a $825.00 price objective (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. Oppenheimer reiterated an “outperform” rating and issued a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Finally, Loop Capital increased their price target on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $838.09.
Read Our Latest Research Report on Monolithic Power Systems
Monolithic Power Systems Profile
Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.
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