HMS Capital Management LLC Sells 1,936 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• HMS Capital Management LLC's ownership in Monolithic Power Systems has decreased by 65.5%, now holding 1,018 shares worth approximately $590,000.
• The company reported a quarterly earnings per share (EPS) of $4.21, exceeding analysts' expectations of $4.12, indicating a revenue growth of 31.0% compared to the previous year.
• Recent analyst upgrades have raised price targets for Monolithic Power Systems, with Stifel Nicolaus setting a new target of $930.00, reflecting strong market confidence in the company's performance.

HMS Capital Management LLC lessened its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 65.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,018 shares of the semiconductor company's stock after selling 1,936 shares during the quarter. HMS Capital Management LLC's holdings in Monolithic Power Systems were worth $590,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its position in Monolithic Power Systems by 13.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock worth $2,157,000 after purchasing an additional 438 shares in the last quarter. OneDigital Investment Advisors LLC bought a new stake in shares of Monolithic Power Systems in the 1st quarter valued at approximately $204,000. Praxis Investment Management Inc. acquired a new position in shares of Monolithic Power Systems in the 1st quarter worth approximately $980,000. Jackson Wealth Management LLC lifted its position in shares of Monolithic Power Systems by 29.5% during the 1st quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock worth $1,680,000 after buying an additional 659 shares during the period. Finally, DAVENPORT & Co LLC boosted its stake in Monolithic Power Systems by 52.6% in the 1st quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock valued at $379,000 after buying an additional 225 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Monolithic Power Systems Stock Down 1.2%

MPWR stock traded down $10.4890 during trading on Monday, hitting $833.5110. The company had a trading volume of 99,131 shares, compared to its average volume of 799,064. The firm has a 50-day moving average price of $756.82 and a 200-day moving average price of $670.08. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $959.64. The stock has a market cap of $39.92 billion, a price-to-earnings ratio of 21.74, a PEG ratio of 3.14 and a beta of 1.18.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS 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 during the quarter, compared to analysts' expectations of $648.74 million. During the same period last year, the firm earned $3.17 EPS. The business's revenue for the quarter was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on MPWR shares. Wells Fargo & Company increased their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Loop Capital upped their target price on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. KeyCorp lifted their price target on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Needham & Company LLC upped their price objective on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a 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 given a Hold rating to the stock. According to MarketBeat.com, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and a consensus price target of $838.09.

Insider Buying and Selling at Monolithic Power Systems

In other news, CFO Theodore Blegen sold 6,000 shares of Monolithic Power Systems stock in a transaction that occurred 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 owned 46,939 shares in the company, valued at $35,204,250. The trade was a 11.33% decrease in their position. The sale was disclosed in a filing 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 that occurred on Friday, August 1st. The stock was 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 of the company's stock, valued at approximately $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. In the last three months, insiders have sold 49,599 shares of company stock worth $38,455,220. Company insiders own 3.40% of the company's stock.

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.