HighTower Advisors LLC Sells 2,070 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• HighTower Advisors LLC has reduced its holdings in Monolithic Power Systems by 33.4%, selling 2,070 shares and now owning 4,136 shares valued at approximately $2.4 million.
• Monolithic Power Systems reported a 31.0% year-over-year increase in revenue to $664.57 million for the last quarter, with earnings per share surpassing estimates.
• Insider trading involves significant sales, with executives like EVP Deming Xiao selling 39,999 shares for a total of $31.2 million, indicating reduced ownership stakes.

HighTower Advisors LLC reduced its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 33.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,136 shares of the semiconductor company's stock after selling 2,070 shares during the period. HighTower Advisors LLC's holdings in Monolithic Power Systems were worth $2,399,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MPWR. Brighton Jones LLC lifted 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 worth $376,000 after purchasing an additional 200 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Monolithic Power Systems by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 159,587 shares of the semiconductor company's stock valued at $94,440,000 after acquiring an additional 10,761 shares in the last quarter. MML Investors Services LLC lifted its stake in Monolithic Power Systems by 1.7% during the 4th quarter. MML Investors Services LLC now owns 7,554 shares of the semiconductor company's stock valued at $4,470,000 after acquiring an additional 123 shares in the last quarter. State of Tennessee Department of Treasury lifted its stake in Monolithic Power Systems by 1.7% during the 4th quarter. State of Tennessee Department of Treasury now owns 11,845 shares of the semiconductor company's stock valued at $7,009,000 after acquiring an additional 197 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. bought a new position in Monolithic Power Systems during the 4th quarter valued at $108,906,000. 93.46% of the stock is currently owned by institutional investors.

Insider Transactions at Monolithic Power Systems

In other news, Director Jeff Zhou sold 400 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total value of $340,000.00. Following the completion of the transaction, the director owned 5,804 shares in the company, valued at $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the transaction, the executive vice president owned 121,605 shares of the company's stock, valued at $94,851,900. This represents a 24.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold 49,599 shares of company stock worth $38,455,220 over the last quarter. 3.40% of the stock is currently owned by insiders.

Monolithic Power Systems Stock Performance

Shares of NASDAQ MPWR traded up $15.53 during mid-day trading on Wednesday, hitting $866.17. 179,858 shares of the stock traded hands, compared to its average volume of 794,362. 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 $41.48 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 3.12 and a beta of 1.18. The stock has a fifty day moving average price of $762.64 and a 200-day moving average price of $672.15.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. During the same period in the previous year, the company posted $3.17 earnings per share. The firm's revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a $1.56 dividend. The ex-dividend date was Monday, June 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems's payout ratio is currently 16.25%.

Analysts Set New Price Targets

MPWR has been the subject of a number of recent analyst reports. William Blair raised Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. KeyCorp boosted their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Loop Capital upped their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Finally, Stifel Nicolaus upped their price target on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $838.09.

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.