Copeland Capital Management LLC Sells 1,151 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Copeland Capital Management LLC reduced its stake in Monolithic Power Systems by 5.7% in Q4, selling 1,151 shares and now holds 19,154 shares valued at about $17.36 million.
• Company insiders have been selling heavily: EVP Saria Tseng sold 25,674 shares (~$25.94M) and insiders disposed of 137,683 shares worth $158.14M in the past 90 days, leaving insiders with 3.4% ownership.
• Analysts have lifted price targets and the consensus remains a "Moderate Buy" (12 Buys, 3 Holds) with a $1,235.08 target, while the stock trades near its 52‑week high after better‑than‑expected earnings and a raise in the quarterly dividend from $1.56 to $2.00.

Copeland Capital Management LLC lowered its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 5.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,154 shares of the semiconductor company's stock after selling 1,151 shares during the period. Copeland Capital Management LLC's holdings in Monolithic Power Systems were worth $17,362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in MPWR. Brighton Jones LLC boosted its holdings in shares of Monolithic Power Systems by 46.0% in the 4th quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company's stock valued at $376,000 after purchasing an additional 200 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Monolithic Power Systems by 3.1% during the 1st quarter. Empowered Funds LLC now owns 5,325 shares of the semiconductor company's stock valued at $3,088,000 after acquiring an additional 161 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Monolithic Power Systems by 3.5% during the 2nd quarter. NewEdge Advisors LLC now owns 9,383 shares of the semiconductor company's stock valued at $6,863,000 after acquiring an additional 314 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Monolithic Power Systems by 35.2% during the 2nd quarter. Treasurer of the State of North Carolina now owns 35,789 shares of the semiconductor company's stock valued at $26,175,000 after acquiring an additional 9,315 shares in the last quarter. Finally, Globeflex Capital L P acquired a new stake in shares of Monolithic Power Systems during the 2nd quarter valued at $347,000. Institutional investors own 93.46% of the company's stock.

Insider Activity

In other Monolithic Power Systems news, Director Victor K. Lee sold 400 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $1,212.16, for a total value of $484,864.00. Following the sale, the director directly owned 27,756 shares of the company's stock, valued at approximately $33,644,712.96. This represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Saria Tseng sold 25,674 shares of the stock in a transaction on Monday, March 30th. The stock was sold at an average price of $1,010.50, for a total transaction of $25,943,577.00. Following the sale, the executive vice president owned 174,982 shares of the company's stock, valued at approximately $176,819,311. This represents a 12.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 137,683 shares of company stock valued at $158,138,447 in the last ninety days. 3.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on MPWR. Wells Fargo & Company lifted their price objective on Monolithic Power Systems from $1,200.00 to $1,350.00 and gave the stock an "overweight" rating in a research report on Friday, February 6th. Truist Financial boosted their target price on Monolithic Power Systems from $1,375.00 to $1,396.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Rosenblatt Securities upped their price objective on Monolithic Power Systems from $950.00 to $1,000.00 and gave the company a "neutral" rating in a research note on Friday, February 6th. KeyCorp upped their price objective on Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company an "overweight" rating in a research note on Friday, February 6th. Finally, Stifel Nicolaus boosted their target price on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the company a "buy" rating in a report on Thursday, April 16th. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,235.08.

Monolithic Power Systems Stock Performance

MPWR opened at $1,592.17 on Friday. Monolithic Power Systems, Inc. has a 52-week low of $546.76 and a 52-week high of $1,597.76. The stock has a market capitalization of $78.21 billion, a P/E ratio of 124.97, a P/E/G ratio of 3.85 and a beta of 1.48. The company's 50-day simple moving average is $1,188.83 and its two-hundred day simple moving average is $1,064.42.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $4.79 EPS for the quarter, topping the consensus estimate of $4.74 by $0.05. Monolithic Power Systems had a net margin of 22.07% and a return on equity of 18.33%. The business had revenue of $751.16 million for the quarter, compared to analysts' expectations of $741.69 million. During the same quarter in the previous year, the company earned $4.09 EPS. The business's quarterly revenue was up 20.8% compared to the same quarter last year. Research analysts forecast that Monolithic Power Systems, Inc. will post 17.01 EPS for the current fiscal year.

Monolithic Power Systems Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $2.00 per share. This is a boost from Monolithic Power Systems's previous quarterly dividend of $1.56. This represents a $8.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, March 31st. Monolithic Power Systems's dividend payout ratio (DPR) is 62.79%.

About Monolithic Power Systems

Monolithic Power Systems NASDAQ: MPWR is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS's product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.

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