CW Advisors LLC lessened its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 11.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 16,256 shares of the semiconductor company's stock after selling 2,180 shares during the period. CW Advisors LLC's holdings in Monolithic Power Systems were worth $9,428,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in Monolithic Power Systems by 13.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock worth $2,157,000 after buying an additional 438 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new stake in Monolithic Power Systems in the 1st quarter worth $204,000. Praxis Investment Management Inc. purchased a new stake in Monolithic Power Systems in the 1st quarter worth $980,000. Jackson Wealth Management LLC grew its position in shares of 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 purchasing an additional 659 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its position in shares of 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 purchasing an additional 225 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on MPWR. Stifel Nicolaus raised their price objective on Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Needham & Company LLC raised their price objective on Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Oppenheimer restated an "outperform" rating and set a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Loop Capital raised their price objective on Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Finally, Rosenblatt Securities restated a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $838.09.
Get Our Latest Stock Report on MPWR
Monolithic Power Systems Trading Up 1.5%
Shares of NASDAQ:MPWR traded up $12.78 during trading on Tuesday, reaching $850.64. The company's stock had a trading volume of 391,597 shares, compared to its average volume of 796,975. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $959.64. The firm's 50 day simple moving average is $759.45 and its two-hundred day simple moving average is $670.90. The stock has a market capitalization of $40.74 billion, a PE ratio of 22.15, a price-to-earnings-growth ratio of 3.14 and a beta of 1.18.
Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced 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. The business had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm's quarterly revenue was up 31.0% compared to the same quarter last year. During the same quarter last year, the firm earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.
Monolithic Power Systems Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a $1.56 dividend. The ex-dividend date was Monday, June 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems's payout ratio is presently 16.25%.
Insider Buying and Selling
In other news, CFO Theodore Blegen sold 6,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $750.00, for a total transaction of $4,500,000.00. Following the transaction, the chief financial officer directly owned 46,939 shares of the company's stock, valued at approximately $35,204,250. This represents a 11.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the sale, the executive vice president directly owned 121,605 shares in the company, valued at $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,599 shares of company stock valued at $38,455,220 over the last 90 days. Corporate insiders own 3.40% of the company's stock.
About Monolithic Power Systems
(
Free Report)
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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