Aberdeen Group plc boosted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 4.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,889 shares of the semiconductor company’s stock after purchasing an additional 1,600 shares during the quarter. Aberdeen Group plc’s holdings in Monolithic Power Systems were worth $28,026,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the business. Blue Trust Inc. raised its stake in Monolithic Power Systems by 8.8% during the second quarter. Blue Trust Inc. now owns 906 shares of the semiconductor company’s stock valued at $662,000 after purchasing an additional 73 shares in the last quarter. Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Monolithic Power Systems in the second quarter valued at $242,000. Stiles Financial Services Inc raised its stake in shares of Monolithic Power Systems by 9.8% in the second quarter. Stiles Financial Services Inc now owns 2,205 shares of the semiconductor company’s stock valued at $1,615,000 after acquiring an additional 196 shares during the period. Callan Family Office LLC purchased a new stake in shares of Monolithic Power Systems in the second quarter valued at $944,000. Finally, Mainstay Capital Management LLC ADV raised its stake in shares of Monolithic Power Systems by 113.4% in the second quarter. Mainstay Capital Management LLC ADV now owns 794 shares of the semiconductor company’s stock valued at $581,000 after acquiring an additional 422 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on MPWR shares. William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. KeyCorp increased their target price on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Tuesday, September 30th. Oppenheimer reissued an “outperform” rating and issued a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $800.00 price target on shares of Monolithic Power Systems in a research note on Friday, August 1st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $880.50.
Monolithic Power Systems Price Performance
Shares of Monolithic Power Systems stock opened at $981.67 on Tuesday. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $990.67. The firm’s 50-day moving average is $870.99 and its two-hundred day moving average is $734.16. The stock has a market cap of $47.01 billion, a price-to-earnings ratio of 25.56, a PEG ratio of 3.37 and a beta of 1.27.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.09. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The company had revenue of $664.57 million for the quarter, compared to analysts’ expectations of $648.74 million. During the same period in the prior year, the business earned $3.17 EPS. The firm’s quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 16.25%.
Insiders Place Their Bets
In other news, CFO Theodore Blegen sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total value of $2,739,660.00. Following the sale, the chief financial officer directly owned 37,940 shares in the company, valued at approximately $34,647,566.80. This trade represents a 7.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeff Zhou sold 193 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total transaction of $167,910.00. Following the completion of the sale, the director owned 5,611 shares in the company, valued at $4,881,570. This represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,702 shares of company stock worth $53,834,480. Insiders own 3.40% of the company’s stock.
About Monolithic Power Systems
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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