BankPlus Wealth Management LLC Acquires Shares of 329 Monolithic Power Systems, Inc. $MPWR

BankPlus Wealth Management LLC acquired a new stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the second quarter, HoldingsChannel.com reports. The firm acquired 329 shares of the semiconductor company’s stock, valued at approximately $241,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of Monolithic Power Systems during the first quarter valued at $27,000. SouthState Corp bought a new position in shares of Monolithic Power Systems in the first quarter valued at about $33,000. AdvisorNet Financial Inc raised its holdings in shares of Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock valued at $48,000 after buying an additional 49 shares during the last quarter. Meeder Asset Management Inc. raised its holdings in shares of Monolithic Power Systems by 146.4% in the first 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 raised its holdings in shares of Monolithic Power Systems by 265.0% in the first 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 owned by institutional investors.

Monolithic Power Systems Trading Down 1.9%

Shares of NASDAQ:MPWR opened at $891.39 on Friday. The stock has a market capitalization of $42.69 billion, a P/E ratio of 23.21, a P/E/G ratio of 3.38 and a beta of 1.23. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $954.00. The business has a 50-day moving average price of $823.36 and a two-hundred day moving average price of $705.04.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.09. The company had revenue of $664.57 million during the quarter, compared to analyst estimates 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 for the quarter was up 31.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $1.56 dividend. 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 0.7%. Monolithic Power Systems’s dividend payout ratio is 16.25%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. Citigroup reaffirmed a “buy” rating and issued a $825.00 price target (up from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. Wells Fargo & Company lifted their price target on Monolithic Power Systems from $730.00 to $750.00 and gave the company an “equal weight” rating in a report on Friday, August 1st. Oppenheimer reaffirmed an “outperform” rating and issued a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Finally, Rosenblatt Securities reissued a “neutral” rating and set a $800.00 price objective on shares of Monolithic Power Systems in a 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 issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $838.09.

Insider Buying and Selling

In other news, EVP Deming Xiao sold 39,999 shares of the company’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $780.00, for a total value 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 $94,851,900. This represents a 24.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Carintia Martinez sold 1,400 shares of the company’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 approximately $790,200. This trade represents a 61.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 68,702 shares of company stock worth $55,594,820 over the last quarter. Insiders own 3.40% of the company’s stock.

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.