Taylor Frigon Capital Management LLC Has $3.53 Million Stake in Monolithic Power Systems, Inc. $MPWR

Key Points

• Taylor Frigon Capital Management LLC reduced its stake in Monolithic Power Systems by 11.1%, holding 4,820 shares valued at $3.53 million, making it their second-largest position.
• Multiple analysts have upgraded their price targets for Monolithic Power Systems, with estimates reaching as high as $930.00, reflecting positive sentiment for the company's growth potential.
• Monolithic Power Systems announced a quarterly dividend of $1.56 per share, with an annual yield of 0.7%, indicating a strong financial performance and commitment to returning value to shareholders.

Taylor Frigon Capital Management LLC trimmed its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 11.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,820 shares of the semiconductor company's stock after selling 603 shares during the quarter. Monolithic Power Systems comprises 1.9% of Taylor Frigon Capital Management LLC's portfolio, making the stock its 2nd largest position. Taylor Frigon Capital Management LLC's holdings in Monolithic Power Systems were worth $3,525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. GC Wealth Management RIA LLC acquired a new stake in Monolithic Power Systems in the second quarter worth $522,000. Signaturefd LLC grew its position in shares of Monolithic Power Systems by 20.6% during the second quarter. Signaturefd LLC now owns 807 shares of the semiconductor company's stock worth $590,000 after acquiring an additional 138 shares during the last quarter. Patton Fund Management Inc. acquired a new stake in shares of Monolithic Power Systems in the 2nd quarter worth about $275,000. Kathmere Capital Management LLC bought a new stake in Monolithic Power Systems in the 2nd quarter valued at about $285,000. Finally, ST Germain D J Co. Inc. lifted its position in Monolithic Power Systems by 11,400.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 230 shares of the semiconductor company's stock valued at $168,000 after purchasing an additional 228 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on MPWR shares. Wells Fargo & Company raised their price target on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Needham & Company LLC increased their price objective on Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Citigroup reaffirmed a "buy" rating and set a $825.00 target price (up previously from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. Raymond James Financial reiterated an "outperform" rating and set a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, Stifel Nicolaus raised their price target on Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a report on Friday, August 1st. One 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's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $838.09.

Monolithic Power Systems Stock Performance

Monolithic Power Systems stock opened at $887.55 on Monday. The firm's 50 day moving average price is $826.61 and its two-hundred day moving average price is $709.05. The firm has a market cap of $42.50 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 3.31 and a beta of 1.23. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced 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. The business had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.Monolithic Power Systems's revenue was up 31.0% compared to the same quarter last year. During the same period in the prior year, the business posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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 paid a dividend of $1.56 per share. 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 payout ratio is 16.25%.

Insider Transactions at Monolithic Power Systems

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $814.34, for a total transaction of $2,443,020.00. Following the completion of the sale, the chief financial officer directly owned 40,939 shares in the company, valued at approximately $33,338,265.26. This trade represents a 6.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the firm'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 transaction of $31,199,220.00. Following the sale, 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 68,702 shares of company stock worth $55,594,820. 3.40% of the stock is currently owned by company insiders.

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.

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