CNB Bank Sells 47 Shares of Monolithic Power Systems, Inc. $MPWR

CNB Bank trimmed its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 5.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 831 shares of the semiconductor company’s stock after selling 47 shares during the period. CNB Bank’s holdings in Monolithic Power Systems were worth $608,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. WPG Advisers LLC acquired a new stake in Monolithic Power Systems during the 1st quarter worth $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Monolithic Power Systems in the 2nd quarter valued at about $36,000. SouthState Corp bought a new position in Monolithic Power Systems during the first quarter worth about $33,000. AdvisorNet Financial Inc grew its holdings in Monolithic Power Systems by 306.3% during the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 49 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new stake in Monolithic Power Systems during the second quarter worth approximately $48,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Monolithic Power Systems Price Performance

Shares of MPWR opened at $1,074.91 on Friday. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,091.91. The company has a market cap of $51.48 billion, a P/E ratio of 27.99, a P/E/G ratio of 3.99 and a beta of 1.27. The firm has a 50 day simple moving average of $907.57 and a two-hundred day simple moving average of $762.26.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating 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 business had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. During the same period in the previous year, the business earned $3.17 earnings per share. The company’s revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a $1.56 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.6%. Monolithic Power Systems’s payout ratio is currently 16.25%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MPWR. Weiss Ratings restated a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Wednesday, October 8th. Needham & Company LLC lifted their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a “buy” rating in a research report on Monday, September 29th. KeyCorp lifted their price target on shares of Monolithic Power Systems from $1,050.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Thursday. Stifel Nicolaus lifted their price target 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, October 17th. Finally, Wells Fargo & Company lifted their price target on shares of Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a research report on Monday. One investment 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $963.18.

Insider Buying and Selling at Monolithic Power Systems

In related news, Director Jeff Zhou sold 193 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total value of $167,910.00. Following the sale, the director owned 5,611 shares of the company’s stock, valued at $4,881,570. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the completion of the sale, the chief financial officer directly owned 37,940 shares in the company, valued at approximately $34,647,566.80. This represents a 7.33% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 83,842 shares of company stock worth $72,387,683. Company insiders own 3.40% of the company’s stock.

Monolithic Power Systems Company 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.