Zevenbergen Capital Investments LLC lessened its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 0.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 42,428 shares of the semiconductor company’s stock after selling 255 shares during the period. Zevenbergen Capital Investments LLC’s holdings in Monolithic Power Systems were worth $31,031,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of MPWR. Brighton Jones LLC boosted its stake in Monolithic Power Systems by 46.0% during the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock worth $376,000 after buying an additional 200 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Monolithic Power Systems by 91.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,134 shares of the semiconductor company’s stock worth $10,269,000 after buying an additional 8,183 shares during the period. NorthRock Partners LLC boosted its stake in Monolithic Power Systems by 93.6% during the fourth quarter. NorthRock Partners LLC now owns 701 shares of the semiconductor company’s stock worth $415,000 after buying an additional 339 shares during the period. Quantinno Capital Management LP boosted its stake in Monolithic Power Systems by 38.2% during the fourth quarter. Quantinno Capital Management LP now owns 10,589 shares of the semiconductor company’s stock worth $6,266,000 after buying an additional 2,927 shares during the period. Finally, ProShare Advisors LLC boosted its stake in Monolithic Power Systems by 16.9% during the fourth quarter. ProShare Advisors LLC now owns 17,746 shares of the semiconductor company’s stock worth $10,500,000 after buying an additional 2,570 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, CFO Theodore Blegen sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $750.00, for a total transaction of $4,500,000.00. Following the completion of the transaction, the chief financial officer owned 46,939 shares in the company, valued at $35,204,250. The trade was a 11.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeff Zhou sold 400 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total transaction of $340,000.00. Following the transaction, the director owned 5,804 shares of the company’s stock, valued at approximately $4,933,400. This trade represents a 6.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 52,792 shares of company stock worth $41,066,150 in the last 90 days. 3.40% of the stock is owned by corporate insiders.
Monolithic Power Systems Price Performance
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $648.74 million. During the same period in the prior year, the firm posted $3.17 earnings per share. The company’s quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.
Monolithic Power Systems Announces Dividend
The company also recently disclosed 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. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems’s payout ratio is 16.25%.
Wall Street Analysts Forecast Growth
MPWR has been the subject of several recent analyst reports. Loop Capital lifted their price objective on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. Citigroup reissued a “buy” rating and set a $825.00 target price (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. Raymond James Financial restated an “outperform” rating and issued a $875.00 price objective (up from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Finally, KeyCorp lifted their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the company an “overweight” rating in a report on Friday, August 1st. One research 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 company’s stock. According to MarketBeat.com, Monolithic Power Systems currently has a consensus rating of “Moderate Buy” and an average price target of $838.09.
Read Our Latest Report on MPWR
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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