Whittier Trust Co. of Nevada Inc. Boosts Stock Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• Whittier Trust Co. of Nevada Inc. has increased its stake in Monolithic Power Systems, Inc. by 3.5%, now owning approximately 22,478 shares valued at $16.44 million.
• Wall Street analysts have given positive outlooks for Monolithic Power Systems, with price target increases from firms like Citigroup and Loop Capital, suggesting a consensus price target of $945.00.
• Monolithic Power Systems recently reported a quarterly EPS of $4.21, exceeding forecasts, and announced a quarterly dividend of $1.56 per share, boosting investor confidence.

Whittier Trust Co. of Nevada Inc. grew its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,478 shares of the semiconductor company's stock after buying an additional 757 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Monolithic Power Systems were worth $16,440,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. WPG Advisers LLC purchased a new position in shares of Monolithic Power Systems during the 1st quarter valued at about $27,000. SouthState Corp purchased a new position in shares of Monolithic Power Systems during the 1st quarter valued at about $33,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Monolithic Power Systems during the 2nd quarter valued at about $36,000. Meeder Asset Management Inc. lifted its position 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 valued at $40,000 after buying an additional 41 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its position in shares of Monolithic Power Systems by 306.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock valued at $48,000 after buying an additional 49 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MPWR has been the topic of a number of analyst reports. Loop Capital lifted their price objective on Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Citigroup lifted their target price on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a "buy" rating in a research note on Friday, October 3rd. Oppenheimer reissued an "outperform" rating and set a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Wolfe Research set a $1,200.00 target price on Monolithic Power Systems and gave the company an "outperform" rating in a research note on Tuesday, October 14th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Monolithic Power Systems in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $945.00.

Monolithic Power Systems Price Performance

Shares of MPWR opened at $1,031.59 on Tuesday. The stock has a market capitalization of $49.40 billion, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 3.74 and a beta of 1.27. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $1,041.50. The business's 50 day simple moving average is $891.60 and its 200-day simple moving average is $750.32.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The company's revenue for the quarter was up 31.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.17 EPS. 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio is 16.25%.

Insider Transactions at Monolithic Power Systems

In other news, Director Jeff Zhou sold 193 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total transaction of $167,910.00. Following the sale, the director directly owned 5,611 shares of the company's stock, valued at $4,881,570. This represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Saria Tseng sold 2,812 shares of the company's stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $1,025.72, for a total value of $2,884,324.64. Following the sale, the executive vice president directly owned 127,654 shares in the company, valued at $130,937,260.88. This trade represents a 2.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,542 shares of company stock valued at $70,973,777 over the last 90 days. Insiders own 3.40% of the company's stock.

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.

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