Allspring Global Investments Holdings LLC Reduces Position in Monolithic Power Systems, Inc. $MPWR

Allspring Global Investments Holdings LLC cut its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 8.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,842 shares of the semiconductor company’s stock after selling 16,315 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Monolithic Power Systems were worth $124,626,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its position in shares of Monolithic Power Systems by 13.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company’s stock valued at $2,157,000 after buying an additional 438 shares during the last quarter. OneDigital Investment Advisors LLC purchased a new stake in shares of Monolithic Power Systems during the first quarter valued at $204,000. Praxis Investment Management Inc. purchased a new stake in shares of Monolithic Power Systems during the first quarter valued at $980,000. Jackson Wealth Management LLC boosted its position in shares of Monolithic Power Systems by 29.5% during the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company’s stock valued at $1,680,000 after buying an additional 659 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its position in shares of Monolithic Power Systems by 52.6% during the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company’s stock valued at $379,000 after buying an additional 225 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Loop Capital increased their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. Wells Fargo & Company increased their target price 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. KeyCorp increased their target price on Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Oppenheimer reissued an “outperform” rating and issued a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Finally, Citigroup increased their target price on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $880.50.

Insider Transactions at Monolithic Power Systems

In related news, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the sale, the director owned 878 shares of the company’s stock, valued at approximately $790,200. This trade represents a 61.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeff Zhou sold 400 shares of Monolithic Power Systems stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total value of $340,000.00. Following the sale, the director directly owned 5,804 shares in the company, valued at $4,933,400. This trade represents a 6.45% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 65,702 shares of company stock valued at $53,834,480. Company insiders own 3.40% of the company’s stock.

Monolithic Power Systems Stock Up 8.5%

NASDAQ MPWR opened at $981.67 on Tuesday. The stock’s 50-day moving average price is $870.99 and its 200-day moving average price is $734.16. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $990.67. The company has a market capitalization of $47.01 billion, a P/E ratio of 25.56, a price-to-earnings-growth ratio of 3.37 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $648.74 million. During the same quarter last year, the company earned $3.17 earnings per share. The business’s revenue for the quarter was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 0.6%. Monolithic Power Systems’s dividend payout ratio (DPR) is 16.25%.

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.