Monolithic Power Systems (NASDAQ:MPWR) Reaches New 12-Month High - What's Next?

Key Points

• Monolithic Power Systems' stock hit a new 52-week high of $990.00, last trading at $982.62 with a volume of 15,901 shares.
• Analysts have upgraded their ratings and price targets, with Needham raising its target from $820.00 to $1,025.00 and William Blair assigning a "strong-buy" rating.
• The company declared a quarterly dividend of $1.56 per share, which will be paid on October 15th, representing a 0.6% annualized yield.

Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as $990.00 and last traded at $982.62, with a volume of 15901 shares trading hands. The stock had previously closed at $979.25.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Oppenheimer restated an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Needham & Company LLC raised their price objective on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a "buy" rating in a research report on Monday, September 29th. William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Raymond James Financial restated an "outperform" rating and set a $875.00 price objective (up from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, Wells Fargo & Company raised their price objective on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $880.50.

Monolithic Power Systems Trading Down 0.7%

The firm has a market capitalization of $46.56 billion, a PE ratio of 25.76, a PEG ratio of 3.65 and a beta of 1.27. The business's 50 day simple moving average is $865.59 and its 200 day simple moving average is $727.68.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 EPS 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 business had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same period last year, the company posted $3.17 EPS. The business's revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Analysts forecast 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 declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $1.56 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.6%. Monolithic Power Systems's payout ratio is currently 16.25%.

Insider Activity

In other Monolithic Power Systems news, Director Carintia Martinez sold 1,400 shares of the business's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $900.00, for a total value of $1,260,000.00. Following the completion of the sale, the director directly owned 878 shares of the company's stock, valued at $790,200. The trade was a 61.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the sale, the executive vice president directly owned 121,605 shares of the company's stock, valued at approximately $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 65,702 shares of company stock worth $53,834,480 in the last 90 days. Company insiders own 3.40% of the company's stock.

Institutional Investors Weigh In On Monolithic Power Systems

Several large investors have recently added to or reduced their stakes in the stock. Sunflower Bank N.A. bought a new stake in shares of Monolithic Power Systems in the 3rd quarter valued at about $210,000. Lifestyle Asset Management Inc. raised its holdings in shares of Monolithic Power Systems by 13.7% in the 3rd quarter. Lifestyle Asset Management Inc. now owns 1,917 shares of the semiconductor company's stock valued at $1,765,000 after purchasing an additional 231 shares in the last quarter. Zevenbergen Capital Investments LLC raised its holdings in shares of Monolithic Power Systems by 76.0% in the 3rd quarter. Zevenbergen Capital Investments LLC now owns 74,668 shares of the semiconductor company's stock valued at $68,742,000 after purchasing an additional 32,240 shares in the last quarter. Voya Investment Management LLC raised its holdings in shares of Monolithic Power Systems by 57.5% in the 3rd quarter. Voya Investment Management LLC now owns 359,312 shares of the semiconductor company's stock valued at $330,797,000 after purchasing an additional 131,177 shares in the last quarter. Finally, Sheets Smith Investment Management bought a new stake in shares of Monolithic Power Systems in the 3rd quarter valued at about $1,336,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

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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