Checchi Capital Advisers LLC Acquires New Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Checchi Capital Advisers LLC has acquired 339 shares of Monolithic Power Systems, valued at approximately $248,000, marking a new investment in the company.
• Insiders, including Director Carintia Martinez and CFO Theodore Blegen, have sold significant amounts of stock, with total insider sales exceeding $53 million in the last quarter.
• Monolithic Power Systems recently reported strong quarterly earnings, beating consensus estimates with EPS of $4.21 and a revenue of $664.57 million, a 31% increase compared to the previous year.

Checchi Capital Advisers LLC acquired a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 339 shares of the semiconductor company's stock, valued at approximately $248,000.

A number of other large investors have also added to or reduced their stakes in MPWR. WPG Advisers LLC bought a new position in Monolithic Power Systems in the 1st quarter valued at approximately $27,000. SouthState Corp bought a new position in Monolithic Power Systems during the 1st quarter worth approximately $33,000. Strategic Investment Solutions Inc. IL bought a new position in Monolithic Power Systems during the 2nd quarter worth approximately $36,000. Meeder Asset Management Inc. raised its holdings in 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. Finally, AdvisorNet Financial Inc raised its holdings in Monolithic Power Systems by 306.3% during the 2nd 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 last quarter. Institutional investors own 93.46% of the company's stock.

Insiders Place Their Bets

In related news, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $900.00, for a total value 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. This trade represents a 61.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction on Wednesday, October 1st. The shares were 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 of the company's stock, valued at approximately $34,647,566.80. The trade was a 7.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,702 shares of company stock worth $53,834,480 in the last quarter. Insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Down 2.3%

NASDAQ:MPWR opened at $945.49 on Wednesday. The company has a fifty day moving average of $855.22 and a 200-day moving average of $723.48. The firm has a market capitalization of $45.28 billion, a P/E ratio of 24.62, a P/E/G ratio of 3.61 and a beta of 1.27. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $986.63.

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 for the quarter, beating the consensus estimate of $4.12 by $0.09. The company had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. Monolithic Power Systems's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a $1.56 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $6.24 annualized dividend and a yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is presently 16.25%.

Analyst Ratings Changes

Several research firms have issued reports on MPWR. Rosenblatt Securities restated a "neutral" rating and set a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, August 1st. Raymond James Financial restated an "outperform" rating and set a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Needham & Company LLC raised their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a "buy" rating in a report on Monday, September 29th. Stifel Nicolaus raised their price target on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, Citigroup raised their price target on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a "buy" rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $880.50.

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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