Redhawk Wealth Advisors Inc. Boosts Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Redhawk Wealth Advisors Inc. increased its stake in Monolithic Power Systems by 19.3%, owning a total of 3,720 shares valued at $2,721,000 by the end of the quarter.
• Multiple analysts upgraded their target prices for Monolithic Power Systems, with the consensus price target reaching $838.09 amidst a generally favorable outlook.
• Monolithic Power Systems declared a quarterly dividend of $1.56 per share, representing an annual yield of 0.7%, with the payout ratio currently at 16.25%.

Redhawk Wealth Advisors Inc. raised its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 19.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 3,720 shares of the semiconductor company's stock after purchasing an additional 601 shares during the period. Redhawk Wealth Advisors Inc.'s holdings in Monolithic Power Systems were worth $2,721,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Monolithic Power Systems by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 5,920,669 shares of the semiconductor company's stock valued at $3,433,870,000 after acquiring an additional 96,395 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Monolithic Power Systems by 33.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company's stock worth $1,180,104,000 after buying an additional 506,430 shares during the period. Invesco Ltd. increased its holdings in Monolithic Power Systems by 7.5% in the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company's stock valued at $724,589,000 after buying an additional 86,853 shares in the last quarter. GAMMA Investing LLC boosted its position in Monolithic Power Systems by 76,432.3% during the first quarter. GAMMA Investing LLC now owns 778,333 shares of the semiconductor company's stock worth $451,418,000 after acquiring an additional 777,316 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Monolithic Power Systems by 26.5% during the 1st quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company's stock valued at $365,136,000 after acquiring an additional 132,078 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on MPWR shares. KeyCorp lifted their price target on Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Rosenblatt Securities restated a "neutral" rating and set a $800.00 price target on shares of Monolithic Power Systems in a research note on Friday, August 1st. Needham & Company LLC raised their target price 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. Raymond James Financial reissued an "outperform" rating and set a $875.00 price target (up from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Finally, Citigroup restated a "buy" rating and set a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. 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 stock. According to MarketBeat.com, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and a consensus target price of $838.09.

Monolithic Power Systems Stock Down 0.2%

Shares of NASDAQ MPWR traded down $1.42 during mid-day trading on Friday, reaching $916.36. 1,231,998 shares of the company were exchanged, compared to its average volume of 451,149. The firm has a 50-day moving average of $807.95 and a 200 day moving average of $696.79. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $954.00. The stock has a market cap of $43.88 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 3.41 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, topping 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 firm had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same period last year, the business posted $3.17 earnings per share. The company'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. On average, equities analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio is 16.25%.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, Director Jeff Zhou sold 193 shares of Monolithic Power Systems stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total transaction of $167,910.00. Following the transaction, the director directly owned 5,611 shares in the company, valued at approximately $4,881,570. The trade was a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the company's stock in a transaction dated 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 transaction, the executive vice president directly 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. In the last 90 days, insiders have sold 52,792 shares of company stock worth $41,066,150. 3.40% of the stock is owned by insiders.

Monolithic Power Systems Company 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.