Financial Advisors Network Inc. purchased a new stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 497 shares of the semiconductor company's stock, valued at approximately $288,000.
Several other institutional investors and hedge funds also recently made changes to their positions in MPWR. Fourth Dimension Wealth LLC bought a new position in Monolithic Power Systems in the 4th quarter valued at approximately $29,000. SouthState Corp purchased a new stake in shares of Monolithic Power Systems in the 1st quarter worth $33,000. Itau Unibanco Holding S.A. raised its holdings in Monolithic Power Systems by 637.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 51 shares during the period. Meeder Asset Management Inc. grew its holdings in Monolithic Power Systems by 146.4% during the first quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 41 shares during the period. Finally, Global Financial Private Client LLC increased its position in Monolithic Power Systems by 265.0% in the first quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after buying an additional 53 shares in the last quarter. Institutional investors own 93.46% of the company's stock.
Insider Activity
In other Monolithic Power Systems news, Director Jeff Zhou sold 400 shares of Monolithic Power Systems stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the completion of the transaction, the director directly owned 5,804 shares of the company's stock, valued at $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Theodore Blegen sold 6,000 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $750.00, for a total transaction of $4,500,000.00. Following the completion of the sale, the chief financial officer directly owned 46,939 shares in the company, valued at approximately $35,204,250. This represents a 11.33% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,599 shares of company stock valued at $38,455,220. 3.40% of the stock is currently owned by insiders.
Monolithic Power Systems Stock Performance
Shares of NASDAQ:MPWR traded up $23.26 on Friday, reaching $844.00. The company's stock had a trading volume of 548,822 shares, compared to its average volume of 689,001. The company has a 50-day simple moving average of $756.82 and a 200 day simple moving average of $669.90. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $959.64. The company has a market cap of $40.42 billion, a P/E ratio of 21.98, a PEG ratio of 3.06 and a beta of 1.18.
Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 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 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 revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter last year, the firm earned $3.17 EPS. 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 Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders 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 16.25%.
Analyst Ratings Changes
MPWR has been the subject of a number of recent research reports. KeyCorp boosted their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Rosenblatt Securities reiterated a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, August 1st. Citigroup restated a "buy" rating and set a $825.00 target price (up previously from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Needham & Company LLC lifted their price target on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. One 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 company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $838.09.
Check Out Our Latest Report on MPWR
Monolithic Power Systems Company Profile
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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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