Hancock Whitney Corp Buys 2,202 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Hancock Whitney Corp increased its stake in Monolithic Power Systems by 15.8%, owning 16,159 shares now valued at approximately $9.37 million after buying 2,202 shares.
• Insiders of Monolithic Power Systems sold a total of 52,792 shares worth about $41 million in the last ninety days, with CFO Theodore Blegen reducing his holdings by 6.83%.
• Monolithic Power Systems reported quarterly earnings of $4.21 EPS, exceeding expectations, along with a quarterly revenue of $664.57 million that reflects a 31% year-over-year growth.

Hancock Whitney Corp lifted its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 15.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,159 shares of the semiconductor company's stock after buying an additional 2,202 shares during the period. Hancock Whitney Corp's holdings in Monolithic Power Systems were worth $9,372,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MPWR. WPG Advisers LLC bought a new stake in Monolithic Power Systems in the first quarter valued at approximately $27,000. Fourth Dimension Wealth LLC bought a new stake in Monolithic Power Systems during the 4th quarter valued at $29,000. SouthState Corp bought a new stake in Monolithic Power Systems during the 1st quarter valued at $33,000. Meeder Asset Management Inc. boosted its position in Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock valued at $40,000 after buying an additional 41 shares during the period. Finally, Global Financial Private Client LLC grew its holdings in Monolithic Power Systems by 265.0% in the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after acquiring an additional 53 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Monolithic Power Systems

In related news, CFO Theodore Blegen sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $814.34, for a total value of $2,443,020.00. Following the completion of the transaction, the chief financial officer directly owned 40,939 shares in the company, valued at $33,338,265.26. The trade was a 6.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeff Zhou sold 193 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total value of $167,910.00. Following the completion of the transaction, the director directly owned 5,611 shares in the company, valued at $4,881,570. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 52,792 shares of company stock worth $41,066,150. 3.40% of the stock is owned by corporate insiders.

Monolithic Power Systems Stock Performance

MPWR stock opened at $827.56 on Thursday. The firm has a 50 day moving average price of $779.50 and a 200-day moving average price of $678.26. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $954.00. The firm has a market capitalization of $39.63 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 3.11 and a beta of 1.23.

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, beating analysts' consensus estimates 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 business had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same quarter in the previous year, the business earned $3.17 earnings per share. The firm's quarterly revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, June 30th. Monolithic Power Systems's dividend payout ratio is 16.25%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on MPWR shares. Needham & Company LLC upped their price objective on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Citigroup reiterated a "buy" rating and issued a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. William Blair raised Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Stifel Nicolaus raised their price target on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $838.09.

About Monolithic Power Systems

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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