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Shell Asset Management Co. Trims Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Monolithic Power Systems logo with Computer and Technology background

Shell Asset Management Co. lowered its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 26.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,164 shares of the semiconductor company's stock after selling 1,863 shares during the period. Shell Asset Management Co.'s holdings in Monolithic Power Systems were worth $3,777,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. 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 valued at $802,000 after buying an additional 14 shares in the last quarter. Confluence Wealth Services Inc. raised its stake in Monolithic Power Systems by 0.9% during the second quarter. Confluence Wealth Services Inc. now owns 2,067 shares of the semiconductor company's stock valued at $1,511,000 after buying an additional 19 shares in the last quarter. Beverly Hills Private Wealth LLC raised its stake in Monolithic Power Systems by 3.2% during 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 in the last quarter. Cromwell Holdings LLC raised its stake in Monolithic Power Systems by 18.7% during 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 in the last quarter. Finally, Burney Co. raised its stake in Monolithic Power Systems by 2.2% during 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 in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MPWR. Weiss Ratings reiterated a "hold (c+)" rating on shares of Monolithic Power Systems in a research report on Saturday, September 27th. KeyCorp increased their price target on Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 30th. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Citigroup increased their price target on Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Oppenheimer reiterated an "outperform" rating and set a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $880.50.

Get Our Latest Analysis on Monolithic Power Systems

Monolithic Power Systems Stock Down 2.3%

Shares of MPWR stock opened at $945.49 on Wednesday. The stock has a 50-day simple moving average of $855.22 and a 200 day simple moving average of $723.48. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $986.63. The stock has a market capitalization of $45.28 billion, a P/E ratio of 24.62, a P/E/G ratio of 3.61 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its earnings results 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 business had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same quarter last year, the business posted $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 anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

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 paid a dividend of $1.56 per share. The ex-dividend date of this dividend 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 currently 16.25%.

Insider Buying and Selling at Monolithic Power Systems

In other news, Director Carintia Martinez sold 1,400 shares of the firm's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the completion of the sale, the director directly owned 878 shares of the company's stock, valued at $790,200. This trade represents a 61.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Saria Tseng sold 14,510 shares of the firm's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $914.45, for a total value of $13,268,669.50. Following the sale, the executive vice president directly owned 144,494 shares of the company's stock, valued at approximately $132,132,538.30. This represents a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 65,702 shares of company stock worth $53,834,480. 3.40% of the stock is owned by insiders.

About Monolithic Power Systems

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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.

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