Cidel Asset Management Inc. Reduces Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Cidel Asset Management Inc. reduced its holdings in Monolithic Power Systems by 18.2%, selling 300 shares, leaving it with 1,349 shares valued at approximately $987,000.
• Monolithic Power Systems saw significant upgrades from multiple brokerages, with price targets raised to as high as $1,100, reflecting strong market confidence.
• The company recently declared a quarterly dividend of $1.56 per share, providing an annualized yield of 0.6% and indicating a positive cash flow management strategy.

Cidel Asset Management Inc. decreased its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 18.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,349 shares of the semiconductor company's stock after selling 300 shares during the quarter. Cidel Asset Management Inc.'s holdings in Monolithic Power Systems were worth $987,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MPWR. Wealth Enhancement Advisory Services LLC lifted its position in Monolithic Power Systems by 13.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock valued at $2,157,000 after buying an additional 438 shares during the period. OneDigital Investment Advisors LLC purchased a new position in Monolithic Power Systems during the first quarter valued at $204,000. Praxis Investment Management Inc. purchased a new position in Monolithic Power Systems during the first quarter valued at $980,000. Jackson Wealth Management LLC lifted its position in Monolithic Power Systems by 29.5% during the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock valued at $1,680,000 after buying an additional 659 shares during the period. Finally, DAVENPORT & Co LLC lifted its position in Monolithic Power Systems by 52.6% during the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock valued at $379,000 after buying an additional 225 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on MPWR. Stifel Nicolaus raised their price objective on Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a "buy" rating in a research report on Friday. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. Raymond James Financial restated an "outperform" rating and set a $875.00 price target (up from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Loop Capital raised their price target 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, Needham & Company LLC raised their price target on Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a "buy" rating in a report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Monolithic Power Systems presently has an average rating of "Moderate Buy" and a consensus price target of $925.00.

Monolithic Power Systems Stock Performance

NASDAQ MPWR opened at $1,004.65 on Friday. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,041.50. The stock has a 50-day moving average of $886.92 and a 200 day moving average of $744.73. The company has a market capitalization of $48.11 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 3.74 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, topping 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 company had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. During the same period last year, the company earned $3.17 EPS. 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 predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

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

Insiders Place Their Bets

In related news, EVP Saria Tseng sold 2,812 shares of Monolithic Power Systems stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $1,025.72, for a total value of $2,884,324.64. Following the completion of the sale, the executive vice president directly owned 127,654 shares in the company, valued at approximately $130,937,260.88. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carintia Martinez sold 1,400 shares of the firm'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 directly owned 878 shares in the company, valued at $790,200. The trade was a 61.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 82,542 shares of company stock valued at $70,973,777 over the last quarter. Corporate 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.

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