Monolithic Power Systems, Inc. $MPWR Shares Sold by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services LLC reduced its stake in Monolithic Power Systems by 37.6%, now owning 1,603 shares valued at approximately $930,000 as per their latest SEC filing.
• Other institutional investors, including Brighton Jones LLC and Mercer Global Advisors, have increased their positions in Monolithic Power Systems, highlighting a growing interest with hedge funds owning 93.46% of the company's stock.
• The company recently declared a quarterly dividend of $1.56 per share, equating to an annual yield of 0.7%, with a dividend payout ratio of 16.25%.

Kestra Advisory Services LLC reduced its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 37.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,603 shares of the semiconductor company's stock after selling 967 shares during the quarter. Kestra Advisory Services LLC's holdings in Monolithic Power Systems were worth $930,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its position in shares of 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 valued at $2,157,000 after purchasing an additional 438 shares during the last quarter. OneDigital Investment Advisors LLC purchased a new position in shares of Monolithic Power Systems during the first quarter valued at approximately $204,000. Praxis Investment Management Inc. purchased a new position in shares of Monolithic Power Systems during the first quarter valued at approximately $980,000. Jackson Wealth Management LLC lifted its stake in shares of Monolithic Power Systems by 29.5% during the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock valued at $1,680,000 after buying an additional 659 shares during the period. Finally, DAVENPORT & Co LLC lifted its stake in shares of Monolithic Power Systems by 52.6% during the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock valued at $379,000 after buying an additional 225 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MPWR has been the topic of several recent analyst reports. Raymond James Financial reissued an "outperform" rating and set a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. Loop Capital upped their price objective on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus upped their price objective on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Finally, Rosenblatt Securities reaffirmed a "neutral" rating and set a $800.00 price target on shares of Monolithic Power Systems in a research note on Friday, August 1st. 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $838.09.

Insider Activity

In related news, Director Jeff Zhou sold 400 shares of the firm's 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 sale, the director directly owned 5,804 shares of the company's stock, valued at approximately $4,933,400. This trade represents a 6.45% decrease in their position. 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 firm's stock in a transaction on Friday, August 1st. The shares were 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. The trade was a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 52,792 shares of company stock valued at $41,066,150. Company insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Up 2.5%

Shares of MPWR stock traded up $20.55 during mid-day trading on Thursday, reaching $848.11. The company's stock had a trading volume of 424,540 shares, compared to its average volume of 786,025. The company's 50 day simple moving average is $779.50 and its 200-day simple moving average is $678.26. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $954.00. The firm has a market capitalization of $40.62 billion, a PE ratio of 22.09, a price-to-earnings-growth ratio of 3.11 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its 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. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. During the same quarter last year, the firm posted $3.17 EPS. The business's revenue for the quarter 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, research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

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

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.