RMR Wealth Builders reduced its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 1.4% during the second quarter, Holdings Channel.com reports. The fund owned 1,167 shares of the semiconductor company’s stock after selling 16 shares during the quarter. RMR Wealth Builders’ holdings in Monolithic Power Systems were worth $854,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of MPWR. GAMMA Investing LLC grew its holdings in Monolithic Power Systems by 76,432.3% during the first quarter. GAMMA Investing LLC now owns 778,333 shares of the semiconductor company’s stock worth $451,418,000 after acquiring an additional 777,316 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Monolithic Power Systems by 33.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock worth $1,180,104,000 after acquiring an additional 506,430 shares during the period. Nuveen LLC acquired a new position in Monolithic Power Systems during the first quarter worth about $105,751,000. BNP Paribas Financial Markets grew its holdings in Monolithic Power Systems by 87.9% during the first quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company’s stock worth $164,771,000 after acquiring an additional 132,880 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Monolithic Power Systems by 26.5% during the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock worth $365,136,000 after acquiring an additional 132,078 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. Stifel Nicolaus lifted their target price on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a “buy” rating in a report on Friday, August 1st. KeyCorp lifted their target price on Monolithic Power Systems from $940.00 to $950.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Raymond James Financial reiterated an “outperform” rating and issued a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Oppenheimer reiterated an “outperform” rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Finally, Needham & Company LLC increased their price target on Monolithic Power Systems from $800.00 to $820.00 and gave the company a “buy” rating in a research report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Monolithic Power Systems has an average rating of “Moderate Buy” and a consensus target price of $838.09.
Monolithic Power Systems Stock Down 0.7%
NASDAQ:MPWR opened at $834.14 on Monday. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $954.00. The firm has a market capitalization of $39.95 billion, a price-to-earnings ratio of 21.72, a price-to-earnings-growth ratio of 3.11 and a beta of 1.23. The stock has a fifty day simple moving average of $794.18 and a 200 day simple moving average of $687.48.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced 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 return on equity of 19.14% and a net margin of 73.17%.The firm had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. During the same period last year, the company posted $3.17 EPS. The business’s quarterly revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $1.56 per share. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 16.25%.
Insiders Place Their Bets
In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $814.34, for a total transaction of $2,443,020.00. Following the completion of the sale, the chief financial officer directly owned 40,939 shares in the company, valued at approximately $33,338,265.26. This trade represents a 6.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jeff Zhou sold 193 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total value of $167,910.00. Following the sale, the director owned 5,611 shares of the company’s stock, valued at $4,881,570. The trade was a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 52,792 shares of company stock worth $41,066,150. 3.40% of the stock is currently owned by company insiders.
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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