Insider Selling: Monolithic Power Systems (NASDAQ:MPWR) CFO Sells 3,000 Shares of Stock

Key Points

• Monolithic Power Systems CFO Theodore Blegen sold 3,000 shares on September 2nd at an average price of $814.34, totaling $2.44 million, reducing his ownership by 6.83%.
• The company reported $4.21 EPS for the last quarter, surpassing analyst expectations, with a revenue of $664.57 million, a 31.0% increase year-over-year.
• Monolithic Power Systems announced a quarterly dividend of $1.56 per share, representing an annual yield of 0.8%.

Monolithic Power Systems, Inc. (NASDAQ:MPWR - Get Free Report) CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction on Tuesday, September 2nd. The shares were 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 of the company's stock, valued at approximately $33,338,265.26. The trade was a 6.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Theodore Blegen also recently made the following trade(s):

• On Friday, August 1st, Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock. The stock was sold at an average price of $750.00, for a total transaction of $2,250,000.00.
• On Tuesday, July 1st, Theodore Blegen sold 6,000 shares of Monolithic Power Systems stock. The stock was sold at an average price of $750.00, for a total transaction of $4,500,000.00.

Monolithic Power Systems Stock Performance

MPWR traded up $3.91 during mid-day trading on Wednesday, reaching $827.56. 422,280 shares of the stock were exchanged, compared to its average volume of 513,750. The company has a 50 day moving average price of $779.50 and a two-hundred day moving average price of $678.26. The stock has a market capitalization of $39.63 billion, a PE ratio of 21.55, a price-to-earnings-growth ratio of 3.11 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 quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $648.74 million. During the same period in the previous year, the business posted $3.17 EPS. The firm's quarterly revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $1.56 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.24 annualized dividend and a yield of 0.8%. Monolithic Power Systems's dividend payout ratio is currently 16.25%.

Institutional Investors Weigh In On Monolithic Power Systems

Several institutional investors have recently modified their holdings of MPWR. WPG Advisers LLC purchased a new position in Monolithic Power Systems in the first quarter worth about $27,000. Fourth Dimension Wealth LLC purchased a new position in Monolithic Power Systems in the fourth quarter worth about $29,000. NewSquare Capital LLC boosted its position in Monolithic Power Systems by 76.0% in the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 19 shares during the last quarter. SouthState Corp purchased a new position in Monolithic Power Systems in the first quarter worth about $33,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Monolithic Power Systems in the second quarter worth about $36,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MPWR. Wells Fargo & Company upped their target price on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Citigroup reissued a "buy" rating and set a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. William Blair raised Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Finally, Stifel Nicolaus increased their price objective on Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research note on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Monolithic Power Systems has a consensus rating of "Moderate Buy" and a consensus price target of $838.09.

Monolithic Power Systems Company 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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