Wealthfront Advisers LLC Sells 791 Shares of Monolithic Power Systems, Inc. $MPWR

Wealthfront Advisers LLC trimmed its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 11.8% during the second quarter, Holdings Channel reports. The firm owned 5,928 shares of the semiconductor company’s stock after selling 791 shares during the quarter. Wealthfront Advisers LLC’s holdings in Monolithic Power Systems were worth $4,336,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of MPWR. Vanguard Group Inc. increased its position in Monolithic Power Systems by 1.7% during the first quarter. Vanguard Group Inc. now owns 5,920,669 shares of the semiconductor company’s stock worth $3,433,870,000 after buying an additional 96,395 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Monolithic Power Systems by 33.1% during the 1st 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 last quarter. Invesco Ltd. raised its stake in Monolithic Power Systems by 7.5% in the 1st quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock valued at $724,589,000 after acquiring an additional 86,853 shares during the period. JPMorgan Chase & Co. lifted its holdings in Monolithic Power Systems by 26.5% during the 1st quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock valued at $365,136,000 after purchasing an additional 132,078 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Monolithic Power Systems by 1.5% during the first quarter. Bank of New York Mellon Corp now owns 355,312 shares of the semiconductor company’s stock worth $206,074,000 after purchasing an additional 5,390 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Carintia Martinez sold 1,400 shares of the business’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $900.00, for a total value of $1,260,000.00. Following the completion of the transaction, the director owned 878 shares of the company’s stock, valued at $790,200. The trade was a 61.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeff Zhou sold 400 shares of the company’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total transaction of $340,000.00. Following the sale, the director directly owned 5,804 shares of the company’s stock, valued at $4,933,400. This represents a 6.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 83,842 shares of company stock valued at $72,387,683 in the last ninety days. Insiders own 3.40% of the company’s stock.

Monolithic Power Systems Trading Down 1.7%

Shares of MPWR opened at $1,086.36 on Wednesday. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $1,112.06. The firm’s 50 day moving average is $917.49 and its 200-day moving average is $773.82. The stock has a market capitalization of $52.03 billion, a PE ratio of 28.29, a P/E/G ratio of 4.12 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly 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. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $664.57 million during the quarter, compared to analysts’ expectations of $648.74 million. During the same period in the previous year, the company posted $3.17 earnings per share. The firm’s revenue for the quarter was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities research analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.56 per share. This represents a $6.24 annualized dividend 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 is 16.25%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MPWR shares. Needham & Company LLC increased their price objective 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. Loop Capital increased their price target on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. Wells Fargo & Company boosted their price objective on Monolithic Power Systems from $750.00 to $970.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus increased their target price on Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $963.18.

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.