Carderock Capital Management Inc. Sells 692 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Carderock Capital Management Inc. reduced its holdings in Monolithic Power Systems by 10.9% in Q2, now owning 5,667 shares worth approximately $4.14 million.
• Despite the reduction by some investors, other hedge funds, like Redhawk Wealth Advisors Inc., have increased their stakes significantly, with a 19.3% increase during the same period.
• Monolithic Power Systems announced a quarterly dividend of $1.56 per share, set to be paid on October 15, representing an annual yield of 0.7%.

Carderock Capital Management Inc. decreased its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 10.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,667 shares of the semiconductor company's stock after selling 692 shares during the quarter. Carderock Capital Management Inc.'s holdings in Monolithic Power Systems were worth $4,145,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Wedmont Private Capital raised its stake in Monolithic Power Systems by 1.3% during the second quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company's stock worth $802,000 after acquiring an additional 14 shares in the last quarter. Beverly Hills Private Wealth LLC increased its stake in shares of Monolithic Power Systems by 3.2% in the first quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company's stock valued at $370,000 after buying an additional 20 shares during the period. Cromwell Holdings LLC increased its stake in shares of Monolithic Power Systems by 18.7% in the first quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company's stock valued at $74,000 after buying an additional 20 shares during the period. Burney Co. increased its stake in shares of Monolithic Power Systems by 2.2% in the first quarter. Burney Co. now owns 946 shares of the semiconductor company's stock valued at $549,000 after buying an additional 20 shares during the period. Finally, Exchange Traded Concepts LLC increased its stake in shares of Monolithic Power Systems by 1.8% in the second quarter. Exchange Traded Concepts LLC now owns 1,142 shares of the semiconductor company's stock valued at $835,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Monolithic Power Systems Trading Up 0.1%

Shares of NASDAQ MPWR traded up $0.47 during midday trading on Tuesday, hitting $923.28. 60,770 shares of the company's stock were exchanged, compared to its average volume of 766,490. The business's fifty day moving average price is $811.98 and its two-hundred day moving average price is $699.99. The company has a market cap of $44.22 billion, a price-to-earnings ratio of 24.10, a PEG ratio of 3.41 and a beta of 1.23. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, topping analysts' consensus estimates of $4.12 by $0.09. The company had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.Monolithic Power Systems's quarterly revenue was up 31.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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

Insider Buying and Selling

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $814.34, for a total value of $2,443,020.00. Following the completion of the sale, the chief financial officer owned 40,939 shares in the company, valued at approximately $33,338,265.26. The trade was a 6.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the sale, the executive vice president owned 121,605 shares of the company's stock, valued at $94,851,900. The trade was a 24.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold 52,792 shares of company stock worth $41,066,150 in the last quarter. 3.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MPWR shares. Oppenheimer reiterated an "outperform" rating and issued a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Citigroup reaffirmed a "buy" rating and set a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Loop Capital raised their price objective on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Wells Fargo & Company increased their target price on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Finally, William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Monolithic Power Systems presently 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.