Summit Place Financial Advisors LLC Takes Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• Summit Place Financial Advisors LLC acquired a new stake in Monolithic Power Systems, Inc. (NASDAQ: MPWR), purchasing 1,404 shares valued at approximately $1,027,000 during the second quarter.
• Analyst ratings for MPWR have generally been positive, with several institutions, including Raymond James and Stifel Nicolaus, raising their target prices significantly, indicating growing confidence in the stock's performance.
• Insider selling has been notable, with EVP Deming Xiao selling 39,999 shares for over $31 million, resulting in a 24.75% decrease in their ownership of the stock.

Summit Place Financial Advisors LLC purchased a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,404 shares of the semiconductor company's stock, valued at approximately $1,027,000.

Other institutional investors also recently modified their holdings of the company. WPG Advisers LLC bought a new stake in Monolithic Power Systems during the first quarter worth about $27,000. SouthState Corp bought a new stake in Monolithic Power Systems during the first quarter worth about $33,000. Strategic Investment Solutions Inc. IL bought a new stake in Monolithic Power Systems during the second quarter worth about $36,000. Meeder Asset Management Inc. raised its holdings in Monolithic Power Systems by 146.4% during the first 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, AdvisorNet Financial Inc raised its holdings in Monolithic Power Systems by 306.3% during the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock worth $48,000 after acquiring an additional 49 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MPWR shares. Raymond James Financial reiterated an "outperform" rating and set a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Stifel Nicolaus upped their target price on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a report on Friday, August 1st. KeyCorp upped their target price on Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an "overweight" rating in a report on Tuesday, September 30th. Weiss Ratings restated a "hold (c+)" rating on shares of Monolithic Power Systems in a research note on Wednesday. Finally, Oppenheimer restated an "outperform" rating and issued a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a research note 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 assigned a Hold rating to the company. According to data from MarketBeat, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average target price of $880.50.

Insider Buying and Selling

In other news, EVP Deming Xiao sold 39,999 shares of the company's stock in a transaction that occurred on 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 transaction, the executive vice president owned 121,605 shares of the company's stock, valued at approximately $94,851,900. This represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Theodore Blegen sold 3,000 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total value of $2,739,660.00. Following the completion of the transaction, the chief financial officer directly owned 37,940 shares in the company, valued at $34,647,566.80. The trade was a 7.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 65,702 shares of company stock valued at $53,834,480 in the last ninety days. 3.40% of the stock is currently owned by company insiders.

Monolithic Power Systems Stock Down 7.6%

NASDAQ:MPWR opened at $904.44 on Friday. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $990.25. The stock's 50 day moving average price is $867.96 and its two-hundred day moving average price is $729.55. The firm has a market capitalization of $43.31 billion, a price-to-earnings ratio of 23.55, a P/E/G ratio of 3.65 and a beta of 1.27.

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

Monolithic Power Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders 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 is presently 16.25%.

Monolithic Power Systems 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.

Want to see what other hedge funds are holding MPWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report).

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.