Monolithic Power Systems (NASDAQ:MPWR) CFO Sells $2,739,660.00 in Stock

Key Points

• Theodore Blegen, CFO of Monolithic Power Systems, sold 3,000 shares valued at approximately $2.74 million, reducing his ownership by 7.33% to 37,940 shares worth about $34.6 million.
• The company announced a quarterly dividend of $1.56 per share, with a dividend yield of 0.7%, payable on October 15th.
• Monolithic Power Systems reported $4.21 earnings per share for the last quarter, exceeding analyst expectations and indicating a 31% year-over-year revenue growth to $664.57 million.

Monolithic Power Systems, Inc. (NASDAQ:MPWR - Get Free Report) CFO Theodore Blegen sold 3,000 shares of the company's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the completion of the sale, the chief financial officer directly owned 37,940 shares in the company, valued at $34,647,566.80. This trade represents a 7.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, September 2nd, Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $814.34, for a total transaction of $2,443,020.00.
• On Friday, August 1st, Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $750.00, for a total transaction of $2,250,000.00.

Monolithic Power Systems Trading Down 0.5%

Monolithic Power Systems stock traded down $4.77 during midday trading on Wednesday, hitting $915.87. 443,971 shares of the stock were exchanged, compared to its average volume of 487,224. The stock has a market capitalization of $43.86 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 3.43 and a beta of 1.27. The stock's 50-day simple moving average is $837.77 and its 200 day simple moving average is $713.87. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, topping 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 company had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.74 million. During the same quarter last year, the company 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 analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Monolithic Power Systems's payout ratio is presently 16.25%.

Analyst Ratings Changes

Several equities research analysts have commented on MPWR shares. Rosenblatt Securities restated a "neutral" rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, August 1st. William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Raymond James Financial reiterated an "outperform" rating and issued a $875.00 price objective (up from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Stifel Nicolaus boosted their price objective on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Oppenheimer reissued an "outperform" rating and issued a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and a consensus price target of $865.82.

Hedge Funds Weigh In On Monolithic Power Systems

Several institutional investors and hedge funds have recently made changes to their positions in MPWR. WPG Advisers LLC purchased a new position in shares of Monolithic Power Systems during the 1st quarter valued at approximately $27,000. NewSquare Capital LLC boosted its stake in Monolithic Power Systems by 76.0% during the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company's stock valued at $32,000 after buying an additional 19 shares in the last quarter. SouthState Corp bought a new position in Monolithic Power Systems during the first quarter valued at about $33,000. Strategic Investment Solutions Inc. IL bought a new position in Monolithic Power Systems during the second quarter valued at about $36,000. Finally, Meeder Asset Management Inc. increased its stake in Monolithic Power Systems by 146.4% in the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 41 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

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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