Whittier Trust Co. Purchases 1,037 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Whittier Trust Co. has increased its stake in Monolithic Power Systems by 2.4%, now owning 43,523 shares valued at approximately $31.8 million.
• Several analysts have raised their price targets for the stock, with estimates reaching as high as $1,100, reflecting strong market confidence.
• Monolithic Power Systems recently announced a quarterly dividend of $1.56 per share, contributing to an annualized yield of 0.6%.

Whittier Trust Co. grew its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,523 shares of the semiconductor company's stock after purchasing an additional 1,037 shares during the quarter. Whittier Trust Co. owned about 0.09% of Monolithic Power Systems worth $31,832,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stephens Inc. AR bought a new position in Monolithic Power Systems during the 2nd quarter worth approximately $218,000. Chicago Partners Investment Group LLC raised its holdings in Monolithic Power Systems by 32.2% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 525 shares of the semiconductor company's stock worth $378,000 after purchasing an additional 128 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Monolithic Power Systems during the 2nd quarter worth approximately $5,120,000. Chevy Chase Trust Holdings LLC raised its holdings in Monolithic Power Systems by 0.9% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 25,304 shares of the semiconductor company's stock worth $18,507,000 after purchasing an additional 223 shares during the last quarter. Finally, Values First Advisors Inc. raised its holdings in Monolithic Power Systems by 12.8% during the 2nd quarter. Values First Advisors Inc. now owns 3,411 shares of the semiconductor company's stock worth $2,495,000 after purchasing an additional 386 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Needham & Company LLC raised their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a "buy" rating in a report on Monday, September 29th. Weiss Ratings restated a "hold (c+)" rating on shares of Monolithic Power Systems in a report on Wednesday, October 8th. Stifel Nicolaus raised their price objective on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Friday. Citigroup raised their price objective on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Friday, October 3rd. Finally, Loop Capital raised 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. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and a consensus target price of $945.00.

Insider Activity

In other news, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the completion of the transaction, the chief financial officer directly owned 43,939 shares in the company, valued at $32,954,250. This trade represents a 6.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the transaction, the director owned 878 shares of the company's stock, valued at $790,200. This represents a 61.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 82,542 shares of company stock valued at $70,973,777. 3.40% of the stock is currently owned by insiders.

Monolithic Power Systems Stock Up 2.7%

Shares of MPWR stock opened at $1,031.59 on Tuesday. The company has a market cap 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 52 week low of $438.86 and a 52 week high of $1,041.50. The firm has a 50 day moving average of $891.60 and a 200-day moving average of $750.32.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $648.74 million. During the same quarter in the previous year, the business posted $3.17 EPS. Monolithic Power Systems's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio (DPR) is currently 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.

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