Monolithic Power Systems, Inc. $MPWR Stock Sold by Motley Fool Asset Management LLC

Key Points

• Motley Fool Asset Management cut its Monolithic Power Systems stake by 90.8% in the third quarter, leaving it with 364 shares valued at approximately $490,000. Institutional investors collectively own 93.46% of MPWR.
• Monolithic Power Systems reported a strong quarter, with earnings of $8.19 per share and revenue of $1.20 billion, surpassing analyst estimates. Revenue rose 63.1% year over year, supported by improving inventory levels and demand for its power-management semiconductors.
• MPWR shares opened at $1,198.81, while analysts maintain a “Moderate Buy” consensus and an average price target of $1,692.64. The company also declared a quarterly dividend of $2.00 per share, representing a 0.7% annualized yield.

Motley Fool Asset Management LLC trimmed its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 90.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 364 shares of the semiconductor company's stock after selling 3,593 shares during the period. Motley Fool Asset Management LLC's holdings in Monolithic Power Systems were worth $490,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of MPWR. North Dakota State Investment Board raised its stake in shares of Monolithic Power Systems by 5.2% during the 3rd quarter. North Dakota State Investment Board now owns 1,448 shares of the semiconductor company's stock worth $1,951,000 after purchasing an additional 72 shares in the last quarter. WestEnd Advisors LLC increased its holdings in Monolithic Power Systems by 2,000.0% during the third quarter. WestEnd Advisors LLC now owns 21 shares of the semiconductor company's stock worth $28,000 after buying an additional 20 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in Monolithic Power Systems by 1.8% during the third quarter. Asset Management One Co. Ltd. now owns 21,805 shares of the semiconductor company's stock worth $29,376,000 after buying an additional 381 shares during the last quarter. John Boyer Inc. bought a new stake in Monolithic Power Systems during the third quarter worth $92,000. Finally, Oppenheimer & Co. Inc. raised its position in Monolithic Power Systems by 2.9% during the third quarter. Oppenheimer & Co. Inc. now owns 5,418 shares of the semiconductor company's stock worth $7,299,000 after acquiring an additional 153 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Monolithic Power Systems Price Performance

NASDAQ:MPWR opened at $1,198.81 on Friday. Monolithic Power Systems, Inc. has a one year low of $833.18 and a one year high of $1,714.09. The company has a market cap of $58.91 billion, a P/E ratio of 73.50 and a beta of 1.68. The firm's fifty day moving average price is $1,276.68 and its two-hundred day moving average price is $1,309.09.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its earnings results on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.79 by $0.40. The company had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.16 billion. Monolithic Power Systems had a net margin of 24.41% and a return on equity of 22.31%. Monolithic Power Systems's quarterly revenue was up 63.1% compared to the same quarter last year. During the same quarter last year, the company posted $4.73 EPS. As a group, equities research analysts expect that Monolithic Power Systems, Inc. will post 23.95 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 30th. Monolithic Power Systems's dividend payout ratio is currently 49.05%.

Key Headlines Impacting Monolithic Power Systems

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

• Positive Sentiment: Q3 results exceeded expectations: Adjusted earnings were $8.19 per share, above the roughly $7.79–$7.80 consensus, while revenue reached $1.20 billion versus estimates of about $1.16 billion. Revenue increased 63.1% year over year, and earnings rose substantially from $4.73 per share in the prior-year quarter. Monolithic Power Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Operating trends improved: Reports highlighted improving inventory levels, a development that could support cash flow and reduce supply-chain concerns. The earnings beat and strong year-over-year growth reinforce demand for MPS’s power-management semiconductor products. Monolithic Power Systems delivers impressive Q3, inventory levels improve

Insider Activity

In other Monolithic Power Systems news, Director Kuo Wei Chang sold 50 shares of the company's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $1,281.57, for a total value of $64,078.50. Following the transaction, the director directly owned 515 shares of the company's stock, valued at $660,008.55. This represents a 8.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Maurice Sciammas sold 30 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $1,343.94, for a total value of $40,318.20. Following the completion of the transaction, the executive vice president directly owned 1,119 shares in the company, valued at approximately $1,503,868.86. This represents a 2.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 130 shares of company stock worth $175,397. Insiders own 3.60% of the company's stock.

Analysts Set New Price Targets

MPWR has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Monolithic Power Systems from a "hold" rating to a "buy" rating in a report on Sunday, October 25th. Rosenblatt Securities reiterated a "neutral" rating and set a $1,575.00 price target on shares of Monolithic Power Systems in a report on Friday, July 31st. Oppenheimer lowered their price target on Monolithic Power Systems from $1,700.00 to $1,500.00 and set an "outperform" rating on the stock in a research report on Friday, October 23rd. Zacks Research downgraded Monolithic Power Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 2nd. Finally, Arete Research started coverage on Monolithic Power Systems in a research note on Thursday, August 20th. They issued a "buy" rating and a $2,013.00 price objective on the stock. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $1,692.64.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc NASDAQ: MPWR is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.

The company's portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.

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