NewEdge Advisors LLC Has $5.26 Million Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• NewEdge Advisors LLC has decreased its stake in Monolithic Power Systems, Inc. by 7.9%, now holding 9,069 shares worth approximately $5.26 million.
• Several other institutional investors have increased their holdings in Monolithic Power Systems, with hedge funds owning 93.46% of the stock.
• Monolithic Power Systems reported a quarterly earnings per share of $4.21, exceeding estimates and reflecting a 31.0% revenue increase year-over-year.

NewEdge Advisors LLC cut its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 7.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 9,069 shares of the semiconductor company's stock after selling 782 shares during the quarter. NewEdge Advisors LLC's holdings in Monolithic Power Systems were worth $5,260,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of MPWR. WPG Advisers LLC bought a new stake in shares of Monolithic Power Systems during the 1st quarter worth $27,000. Fourth Dimension Wealth LLC bought a new stake in shares of Monolithic Power Systems during the 4th quarter worth $29,000. SouthState Corp bought a new stake in shares of Monolithic Power Systems during the 1st quarter worth $33,000. Meeder Asset Management Inc. boosted its stake in shares of 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. Finally, Global Financial Private Client LLC boosted its stake in shares of Monolithic Power Systems by 265.0% during 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 in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Monolithic Power Systems news, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction dated Friday, August 1st. The stock was 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Theodore Blegen sold 6,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $750.00, for a total value of $4,500,000.00. Following the completion of the sale, the chief financial officer directly owned 46,939 shares of the company's stock, valued at $35,204,250. This represents a 11.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,792 shares of company stock valued at $41,066,150 in the last three months. Insiders own 3.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MPWR. William Blair raised Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Wells Fargo & Company raised their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Citigroup reissued a "buy" rating and set a $825.00 price objective (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. Finally, Loop Capital raised their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. One 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $838.09.

Monolithic Power Systems Trading Down 0.7%

NASDAQ MPWR traded down $6.24 on Friday, reaching $834.14. The stock had a trading volume of 329,688 shares, compared to its average volume of 458,740. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $954.00. The business has a 50 day moving average price of $794.18 and a 200 day moving average price of $687.48. The company has a market capitalization of $39.95 billion, a price-to-earnings ratio of 21.72, a P/E/G ratio of 3.11 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share 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 company had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. During the same period in the prior year, the firm posted $3.17 EPS. The business's revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

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

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.