Ameriprise Financial Inc. Sells 8,192 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Ameriprise Financial Inc. has reduced its stake in Monolithic Power Systems by 4.4%, selling 8,192 shares and now owns 177,271 shares valued at approximately $102.8 million.
• Insider selling includes CFO Theodore Blegen and Director Jeff Zhou, who sold shares worth $2.25 million and $340,000, respectively, indicating a decrease in their ownership positions.
• Monolithic Power Systems reported a growth in revenue of 31.0% year-over-year, with an EPS of $4.21 for the last quarter, exceeding analyst expectations.

Ameriprise Financial Inc. trimmed its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 4.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 177,271 shares of the semiconductor company's stock after selling 8,192 shares during the period. Ameriprise Financial Inc. owned 0.37% of Monolithic Power Systems worth $102,821,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norinchukin Bank The boosted its position in Monolithic Power Systems by 14.6% during the first quarter. Norinchukin Bank The now owns 2,406 shares of the semiconductor company's stock worth $1,395,000 after purchasing an additional 307 shares during the period. United Asset Strategies Inc. acquired a new stake in shares of Monolithic Power Systems in the first quarter worth $786,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Monolithic Power Systems by 33.1% in 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 buying an additional 506,430 shares during the last quarter. Candriam S.C.A. boosted its holdings in shares of Monolithic Power Systems by 50.9% during the 1st quarter. Candriam S.C.A. now owns 76,651 shares of the semiconductor company's stock worth $44,456,000 after buying an additional 25,859 shares during the period. Finally, TFB Advisors LLC grew its stake in Monolithic Power Systems by 13.0% in the 1st quarter. TFB Advisors LLC now owns 565 shares of the semiconductor company's stock valued at $328,000 after buying an additional 65 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Theodore Blegen sold 3,000 shares of the firm's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the completion of the transaction, the chief financial officer directly owned 43,939 shares of the company's stock, valued at approximately $32,954,250. This trade represents a 6.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeff Zhou sold 400 shares of Monolithic Power Systems stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the sale, the director owned 5,804 shares in the company, valued at approximately $4,933,400. This trade represents a 6.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,599 shares of company stock worth $38,455,220 over the last 90 days. Corporate insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Performance

NASDAQ MPWR opened at $844.00 on Monday. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $959.64. The stock has a market cap of $40.42 billion, a PE ratio of 21.98, a PEG ratio of 3.14 and a beta of 1.18. The firm has a 50-day simple moving average of $756.82 and a 200 day simple moving average of $670.08.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings results 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 return on equity of 19.14% and a net margin of 73.17%.The firm had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same quarter in the prior year, the firm posted $3.17 EPS. The company's revenue for the quarter was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a $1.56 dividend. This represents a $6.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 30th. Monolithic Power Systems's dividend payout ratio (DPR) is 16.25%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Citigroup reissued a "buy" rating and set a $825.00 target price (up previously from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Needham & Company LLC lifted their price objective on Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Loop Capital raised their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Finally, TD Cowen lifted their price target on Monolithic Power Systems from $600.00 to $675.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $838.09.

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.

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