Monolithic Power Systems, Inc. $MPWR Shares Sold by Norden Group LLC

Key Points

• Norden Group LLC significantly reduced its holdings in Monolithic Power Systems, decreasing its ownership by 81.8% during the second quarter, leaving it with 1,502 shares valued at approximately $1.1 million.
• The company reported a 31% increase in revenue year-over-year, with earnings per share at $4.21 for the most recent quarter, surpassing the consensus estimate of $4.12.
• Monolithic Power Systems announced a quarterly dividend of $1.56 per share, set to be paid on October 15th, indicating a modest annual yield of 0.7%.

Norden Group LLC lessened its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 81.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,502 shares of the semiconductor company's stock after selling 6,747 shares during the period. Norden Group LLC's holdings in Monolithic Power Systems were worth $1,099,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in shares of Monolithic Power Systems during the first quarter worth about $27,000. SouthState Corp purchased a new stake in shares of Monolithic Power Systems during the 1st quarter valued at about $33,000. Meeder Asset Management Inc. lifted its position in Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 41 shares in the last quarter. Global Financial Private Client LLC boosted its holdings in Monolithic Power Systems by 265.0% in the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after acquiring an additional 53 shares during the period. Finally, AdvisorNet Financial Inc grew its position in Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock valued at $48,000 after acquiring an additional 49 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Monolithic Power Systems Stock Performance

Shares of MPWR stock opened at $908.45 on Thursday. The stock has a market capitalization of $43.51 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 3.41 and a beta of 1.23. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $954.00. The company's 50-day simple moving average is $819.81 and its 200-day simple moving average is $702.91.

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 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 firm had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. During the same period in the previous year, the company earned $3.17 earnings per share. Monolithic Power Systems's quarterly 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, research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $1.56 per share. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 annualized dividend and a yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is 16.25%.

Insider Transactions at Monolithic Power Systems

In other news, CFO Theodore Blegen sold 6,000 shares of Monolithic Power Systems stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $750.00, for a total value of $4,500,000.00. Following the completion of the transaction, the chief financial officer directly owned 46,939 shares of the company's stock, valued at approximately $35,204,250. The trade was a 11.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Carintia Martinez sold 1,400 shares of the business's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the sale, the director directly owned 878 shares of the company's stock, valued at approximately $790,200. This represents a 61.46% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 68,702 shares of company stock valued at $55,594,820 over the last quarter. Insiders own 3.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Wells Fargo & Company boosted their price objective on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Needham & Company LLC raised their target price on Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Stifel Nicolaus lifted their target price on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, KeyCorp increased 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. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Monolithic Power Systems has a consensus rating of "Moderate Buy" and a consensus target price of $838.09.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.