Monolithic Power Systems, Inc. $MPWR Shares Sold by Baird Financial Group Inc.

Key Points

• Baird Financial Group Inc. reduced its stake in Monolithic Power Systems by 33.4%, selling 54,373 shares, leaving them with 108,532 shares valued at approximately $62.9 million.
• Insider trading activity included Director Jeff Zhou selling 193 shares for about $167,910, while EVP Deming Xiao sold 39,999 shares for approximately $31.2 million, reflecting a significant decrease in their ownership.
• Monolithic Power Systems reported a quarterly EPS of $4.21, beating expectations and showing a year-over-year revenue increase of 31%, and recently declared a quarterly dividend of $1.56 per share.

Baird Financial Group Inc. lowered its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 33.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,532 shares of the semiconductor company's stock after selling 54,373 shares during the quarter. Baird Financial Group Inc. owned 0.23% of Monolithic Power Systems worth $62,946,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. WPG Advisers LLC purchased a new position in Monolithic Power Systems during the 1st quarter valued at about $27,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Monolithic Power Systems in the fourth quarter valued at approximately $29,000. SouthState Corp purchased a new position in shares of Monolithic Power Systems during the 1st quarter worth approximately $33,000. Itau Unibanco Holding S.A. increased its stake in shares of Monolithic Power Systems by 637.5% during the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 51 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its position in shares of Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 41 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on MPWR. Oppenheimer reissued an "outperform" rating and set a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Loop Capital upped their target price 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. KeyCorp lifted their price target on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, Raymond James Financial reissued an "outperform" rating and set a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $838.09.

Insiders Place Their Bets

In other news, 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 value of $340,000.00. Following the completion of the sale, the director owned 5,804 shares of the company's stock, valued at $4,933,400. This represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the firm's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the sale, the executive vice president owned 121,605 shares in the company, valued at approximately $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 52,792 shares of company stock worth $41,066,150 over the last quarter. 3.40% of the stock is owned by corporate insiders.

Monolithic Power Systems Price Performance

NASDAQ MPWR traded up $17.69 during mid-day trading on Thursday, hitting $845.25. The company's stock had a trading volume of 152,918 shares, compared to its average volume of 784,356. The firm has a market capitalization of $40.48 billion, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 3.11 and a beta of 1.23. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $954.00. The stock's fifty day simple moving average is $779.50 and its two-hundred day simple moving average is $678.26.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $648.74 million. During the same period in the previous year, the firm earned $3.17 earnings per share. Monolithic Power Systems'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. On average, equities 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a $1.56 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.24 annualized dividend and a yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is 16.25%.

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.