Monolithic Power Systems, Inc. $MPWR Shares Acquired by NewEdge Wealth LLC

Key Points

• NewEdge Wealth LLC increased its stake in Monolithic Power Systems by 5.7% in the fourth quarter, ending with 17,896 shares valued at about $16.2 million. Institutional investors still hold a very large portion of the company, at 93.46% of shares outstanding.
• The company posted strong quarterly results, beating estimates with $5.10 EPS and $804.19 million in revenue, while revenue rose 26.1% year over year. Analysts remain broadly positive, with multiple firms raising price targets and 12 Buy ratings versus 3 Hold ratings.
• Insider selling has been notable, including large sales by EVP Saria Tseng and EVP Deming Xiao, with $121.2 million worth of insider shares sold in the last quarter. That activity may signal some profit-taking even as the stock trades near its 52-week high.

NewEdge Wealth LLC raised its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,896 shares of the semiconductor company's stock after buying an additional 964 shares during the quarter. NewEdge Wealth LLC's holdings in Monolithic Power Systems were worth $16,220,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Monolithic Power Systems during the 4th quarter valued at approximately $34,000. IFP Advisors Inc lifted its stake in Monolithic Power Systems by 171.4% during the third quarter. IFP Advisors Inc now owns 38 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 24 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in Monolithic Power Systems by 542.9% in the third quarter. Cornerstone Planning Group LLC now owns 45 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 38 shares during the period. Root Financial Partners LLC bought a new stake in Monolithic Power Systems during the third quarter valued at $42,000. Finally, Torren Management LLC bought a new stake in Monolithic Power Systems during the fourth quarter valued at $49,000. Institutional investors own 93.46% of the company's stock.

Monolithic Power Systems Stock Performance

MPWR stock opened at $1,600.84 on Friday. Monolithic Power Systems, Inc. has a 1 year low of $630.62 and a 1 year high of $1,662.00. The stock has a market capitalization of $78.65 billion, a price-to-earnings ratio of 115.42, a PEG ratio of 2.86 and a beta of 1.74. The stock's fifty day moving average is $1,252.72 and its two-hundred day moving average is $1,099.93.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $5.10 EPS for the quarter, topping the consensus estimate of $4.90 by $0.20. The business had revenue of $804.19 million during the quarter, compared to analyst estimates of $781.93 million. Monolithic Power Systems had a net margin of 22.84% and a return on equity of 19.58%. The company's quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.04 earnings per share. As a group, analysts predict that Monolithic Power Systems, Inc. will post 20.13 EPS for the current fiscal year.

Insider Transactions at Monolithic Power Systems

In other news, EVP Saria Tseng sold 25,674 shares of the business's stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $1,010.50, for a total transaction of $25,943,577.00. Following the completion of the transaction, the executive vice president directly owned 174,982 shares in the company, valued at approximately $176,819,311. The trade was a 12.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Deming Xiao sold 30,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $1,654.55, for a total value of $49,636,500.00. Following the completion of the transaction, the executive vice president directly owned 205,959 shares of the company's stock, valued at $340,769,463.45. This trade represents a 12.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 88,592 shares of company stock worth $121,204,868 in the last quarter. 3.40% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Monolithic Power Systems

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: Monolithic Power Systems delivered a strong quarterly report, with EPS and revenue both beating expectations and revenue rising 26% year over year. Investors are also responding to improved demand tied to AI infrastructure and automotive growth, while several analysts raised price targets and maintained Buy ratings. Monolithic Power Systems: AI Stock Beat, Raised and Upgraded Post-Earnings
• Positive Sentiment: Analysts continue to signal upside for MPWR, citing rising earnings estimates and a favorable outlook for continued growth. Surging Earnings Estimates Signal Upside for Monolithic (MPWR) Stock
• Neutral Sentiment: Media coverage has also highlighted MPWR as part of a broader semiconductor/AI rally, which can add momentum but does not change the company’s fundamentals. Microchip Technology and Monolithic Power Systems Shares Skyrocket, What You Need To Know
• Negative Sentiment: Multiple insiders, including Director Jeff Zhou and EVP Maurice Sciammas, sold shares in recent days. While insider sales are not unusual, the size and frequency may raise some profit-taking concerns for investors. Jeff Zhou SEC Filing Deming Xiao SEC Filing

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MPWR. Raymond James Financial restated an "outperform" rating and issued a $1,800.00 price target on shares of Monolithic Power Systems in a research report on Friday, May 1st. Wells Fargo & Company boosted their price objective on shares of Monolithic Power Systems from $1,650.00 to $1,860.00 and gave the company an "overweight" rating in a research report on Friday, May 1st. Zacks Research lowered shares of Monolithic Power Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 10th. KeyCorp raised their target price on shares of Monolithic Power Systems from $1,500.00 to $2,000.00 and gave the stock an "overweight" rating in a report on Friday, May 1st. Finally, Truist Financial set a $1,805.00 target price on Monolithic Power Systems in a research note on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,599.17.

Monolithic Power Systems Company Profile

Monolithic Power Systems NASDAQ: MPWR is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS's product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.