Park National Corp OH Boosts Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Park National Corp OH increased its holdings in Monolithic Power Systems, Inc. by 22.2%, purchasing an additional 7,479 shares during the 2nd quarter, bringing its total to 41,113 shares valued at $30.07 million.
• Monolithic Power Systems reported $4.21 earnings per share for the last quarter, exceeding expectations, along with revenue of $664.57 million, up 31% year-over-year.
• The company announced a quarterly dividend of $1.56 per share, to be paid on October 15th, representing an annual yield of 0.7%.

Park National Corp OH increased its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 22.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,113 shares of the semiconductor company's stock after purchasing an additional 7,479 shares during the period. Park National Corp OH owned 0.09% of Monolithic Power Systems worth $30,069,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Beverly Hills Private Wealth LLC boosted its stake in Monolithic Power Systems by 3.2% during the 1st quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company's stock worth $370,000 after purchasing an additional 20 shares during the period. Cromwell Holdings LLC raised its position in Monolithic Power Systems by 18.7% during the 1st quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company's stock worth $74,000 after buying an additional 20 shares during the last quarter. Burney Co. raised its position in Monolithic Power Systems by 2.2% during the 1st quarter. Burney Co. now owns 946 shares of the semiconductor company's stock worth $549,000 after buying an additional 20 shares during the last quarter. Horizon Investments LLC raised its position in Monolithic Power Systems by 3.3% during the 1st quarter. Horizon Investments LLC now owns 688 shares of the semiconductor company's stock worth $399,000 after buying an additional 22 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in Monolithic Power Systems by 2.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 897 shares of the semiconductor company's stock worth $520,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Buying and Selling

In related news, Director Jeff Zhou sold 193 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total value of $167,910.00. Following the transaction, the director owned 5,611 shares in the company, valued at approximately $4,881,570. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Deming Xiao sold 39,999 shares of the firm'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 transaction of $31,199,220.00. Following the completion of the transaction, the executive vice president owned 121,605 shares in the company, valued at $94,851,900. The trade was a 24.75% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 52,792 shares of company stock valued at $41,066,150. Insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Up 2.4%

Shares of MPWR traded up $20.64 during mid-day trading on Wednesday, hitting $877.66. The company had a trading volume of 407,606 shares, compared to its average volume of 769,384. The business's 50-day simple moving average is $798.27 and its 200-day simple moving average is $690.32. 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 $42.03 billion, a PE ratio of 22.86, a P/E/G ratio of 3.17 and a beta of 1.23.

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 (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.09. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.74 million. During the same period last year, the company earned $3.17 earnings per share. The company's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The business 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 of this dividend is Tuesday, September 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is currently 16.25%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MPWR shares. Wells Fargo & Company upped 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 research report on Friday, August 1st. Rosenblatt Securities restated a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, August 1st. Loop Capital upped 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. KeyCorp increased their price target on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Citigroup reiterated a "buy" rating and issued a $825.00 price target (up previously from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. One equities 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 company. According to MarketBeat, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average price target 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.