Monolithic Power Systems, Inc. $MPWR Shares Sold by Ethic Inc.

Key Points

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Ethic Inc. trimmed its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 15.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,616 shares of the semiconductor company's stock after selling 658 shares during the quarter. Ethic Inc.'s holdings in Monolithic Power Systems were worth $2,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fourth Dimension Wealth LLC bought a new stake in Monolithic Power Systems in the 4th quarter worth approximately $29,000. SouthState Corp purchased a new position in shares of Monolithic Power Systems in the first quarter valued at $33,000. Itau Unibanco Holding S.A. grew its holdings in shares of Monolithic Power Systems by 637.5% in the fourth quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock valued at $35,000 after purchasing an additional 51 shares in the last quarter. Meeder Asset Management Inc. increased its position in Monolithic Power Systems by 146.4% in the first 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, Global Financial Private Client LLC raised its stake in Monolithic Power Systems by 265.0% during the first quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock valued at $42,000 after purchasing an additional 53 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on MPWR shares. Oppenheimer reissued an "outperform" rating and issued a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Wells Fargo & Company increased their price target on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a report on Friday, August 1st. Raymond James Financial reiterated an "outperform" rating and issued a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. KeyCorp upped their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, TD Cowen raised their price objective on Monolithic Power Systems from $600.00 to $675.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average target price of $838.09.

Insider Activity

In other news, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the transaction, the chief financial officer directly owned 43,939 shares in the company, valued at approximately $32,954,250. This trade represents a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Deming Xiao sold 39,999 shares of the stock in a transaction on 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 directly owned 121,605 shares in the company, valued at $94,851,900. This trade represents a 24.75% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,599 shares of company stock valued at $38,455,220. Corporate insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Performance

Monolithic Power Systems stock traded up $22.6220 during mid-day trading on Friday, hitting $843.3620. The company's stock had a trading volume of 308,553 shares, compared to its average volume of 801,892. The company has a 50 day moving average of $753.40 and a 200-day moving average of $668.61. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $959.64. The stock has a market cap of $40.39 billion, a PE ratio of 21.96, a P/E/G ratio of 3.08 and a beta of 1.18.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.12 by $0.09. The firm 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%. The business's revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the firm earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $1.56 per share. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is 16.25%.

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.