Credit Agricole S A Sells 57,760 Shares of Monolithic Power Systems, Inc. $MPWR

Credit Agricole S A cut its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 76.4% during the first quarter, Holdings Channel reports. The fund owned 17,882 shares of the semiconductor company’s stock after selling 57,760 shares during the period. Credit Agricole S A’s holdings in Monolithic Power Systems were worth $10,371,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Fourth Dimension Wealth LLC bought a new position in Monolithic Power Systems in the 4th quarter valued at $29,000. SouthState Corp bought a new position in Monolithic Power Systems in the 1st quarter valued at $33,000. Itau Unibanco Holding S.A. boosted its position in Monolithic Power Systems by 637.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 51 shares during the last quarter. Meeder Asset Management Inc. boosted its position 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 valued at $40,000 after buying an additional 41 shares during the last quarter. Finally, Global Financial Private Client LLC boosted its position in Monolithic Power Systems by 265.0% in the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 53 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Loop Capital increased their price target on Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Citigroup reissued a “buy” rating and issued a $825.00 price target (up previously from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. Oppenheimer reissued an “outperform” rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Wells Fargo & Company increased their price target on Monolithic Power Systems from $730.00 to $750.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. Finally, William Blair raised Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $838.09.

Monolithic Power Systems Trading Down 2.2%

MPWR stock opened at $826.27 on Thursday. The stock has a 50-day moving average price of $751.36 and a two-hundred day moving average price of $667.29. The stock has a market cap of $39.57 billion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 3.15 and a beta of 1.18. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR) last released its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $0.09. The firm had revenue of $664.57 million during the quarter, compared to analysts’ expectations of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The company’s revenue was up 31.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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

Insiders Place Their Bets

In other Monolithic Power Systems news, Director Jeff Zhou sold 400 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total transaction of $340,000.00. Following the completion of the transaction, the director owned 5,804 shares in the company, valued at approximately $4,933,400. This represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Theodore Blegen sold 6,000 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $750.00, for a total value of $4,500,000.00. Following the transaction, the chief financial officer owned 46,939 shares of the company’s stock, valued at approximately $35,204,250. This trade represents a 11.33% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 49,599 shares of company stock worth $38,455,220. Corporate insiders own 3.40% of the company’s stock.

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.