Brooklyn Investment Group grew its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 242.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 438 shares of the semiconductor company’s stock after purchasing an additional 310 shares during the period. Brooklyn Investment Group’s holdings in Monolithic Power Systems were worth $253,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its position in shares of Monolithic Power Systems by 13.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company’s stock valued at $2,157,000 after purchasing an additional 438 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new position in Monolithic Power Systems in the first quarter worth $204,000. Praxis Investment Management Inc. purchased a new position in Monolithic Power Systems in the first quarter worth $980,000. Jackson Wealth Management LLC grew its position in Monolithic Power Systems by 29.5% in the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company’s stock worth $1,680,000 after acquiring an additional 659 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its position in Monolithic Power Systems by 52.6% in the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company’s stock worth $379,000 after acquiring an additional 225 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
MPWR has been the subject of several research reports. Stifel Nicolaus upped their target price 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. Raymond James Financial reiterated an “outperform” rating and issued a $875.00 target price (up from $720.00) 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. Wells Fargo & Company upped their target price on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the stock an “equal weight” rating in a research report on Friday, August 1st. Finally, Citigroup reiterated a “buy” rating and issued a $825.00 target price (up from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $838.09.
Monolithic Power Systems Stock Down 0.6%
Monolithic Power Systems stock opened at $844.80 on Wednesday. The company has a market capitalization of $40.46 billion, a PE ratio of 22.00, a P/E/G ratio of 3.17 and a beta of 1.18. The firm has a fifty day simple moving average of $749.25 and a two-hundred day simple moving average of $666.18. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $959.64.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.09. The business had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm’s revenue for the quarter was up 31.0% on a year-over-year basis. During the same period in the previous year, the firm posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.
Monolithic Power Systems Announces Dividend
The firm also recently declared 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 0.7%. Monolithic Power Systems’s payout ratio is currently 16.25%.
Insiders Place Their Bets
In other news, CFO Theodore Blegen sold 3,000 shares of the company’s 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 of the company’s stock, valued at approximately $32,954,250. This represents a 6.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the company’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 transaction, 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 49,599 shares of company stock valued at $38,455,220 over the last three months. 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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