Stratos Wealth Partners LTD. trimmed its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 3.0% during the second quarter, HoldingsChannel reports. The fund owned 9,178 shares of the semiconductor company’s stock after selling 288 shares during the period. Stratos Wealth Partners LTD.’s holdings in Monolithic Power Systems were worth $6,713,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in MPWR. Price T Rowe Associates Inc. MD raised its holdings in shares of Monolithic Power Systems by 33.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock worth $1,180,104,000 after acquiring an additional 506,430 shares during the period. Nuveen LLC acquired a new stake in shares of Monolithic Power Systems during the first quarter worth $105,751,000. BNP Paribas Financial Markets raised its holdings in shares of Monolithic Power Systems by 87.9% during the first quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company’s stock worth $164,771,000 after acquiring an additional 132,880 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Monolithic Power Systems by 26.5% during the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock worth $365,136,000 after acquiring an additional 132,078 shares during the period. Finally, T. Rowe Price Investment Management Inc. raised its holdings in shares of Monolithic Power Systems by 70.8% during the first quarter. T. Rowe Price Investment Management Inc. now owns 314,449 shares of the semiconductor company’s stock worth $182,375,000 after acquiring an additional 130,394 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on MPWR. Wolfe Research set a $1,200.00 target price on shares of Monolithic Power Systems and gave the company an “outperform” rating in a research report on Tuesday. Stifel Nicolaus raised their target price on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday. William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, Citigroup raised their target price on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Monolithic Power Systems presently has an average rating of “Moderate Buy” and an average price target of $925.00.
Monolithic Power Systems Price Performance
Shares of MPWR opened at $1,004.65 on Friday. The firm has a 50-day moving average of $886.92 and a 200-day moving average of $743.66. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,041.50. The company has a market cap of $48.11 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 3.83 and a beta of 1.27.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $648.74 million. During the same quarter last year, the firm posted $3.17 EPS. The company’s quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. 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 disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given 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 of this dividend was Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is 16.25%.
Insider Buying and Selling
In related news, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the completion of the sale, the director owned 878 shares of the company’s stock, valued at approximately $790,200. The trade was a 61.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the sale, the chief financial officer directly owned 43,939 shares of the company’s stock, valued at $32,954,250. The trade was a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,542 shares of company stock worth $70,973,777. Corporate insiders own 3.40% of the company’s stock.
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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