Apollon Wealth Management LLC Has $650,000 Position in Monolithic Power Systems, Inc. $MPWR

Apollon Wealth Management LLC lifted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 9.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 889 shares of the semiconductor company’s stock after purchasing an additional 80 shares during the quarter. Apollon Wealth Management LLC’s holdings in Monolithic Power Systems were worth $650,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Monolithic Power Systems by 1.7% during the first quarter. Vanguard Group Inc. now owns 5,920,669 shares of the semiconductor company’s stock worth $3,433,870,000 after purchasing an additional 96,395 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of 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 purchasing an additional 506,430 shares during the period. Invesco Ltd. raised its position in shares of Monolithic Power Systems by 7.5% during the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock worth $724,589,000 after purchasing an additional 86,853 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of 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 buying an additional 132,078 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Monolithic Power Systems by 1.5% during the first quarter. Bank of New York Mellon Corp now owns 355,312 shares of the semiconductor company’s stock worth $206,074,000 after buying an additional 5,390 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on MPWR shares. Needham & Company LLC increased their price objective on Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Stifel Nicolaus increased their price objective on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Loop Capital increased their price objective on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Wolfe Research set a $1,200.00 price objective on Monolithic Power Systems and gave the stock an “outperform” rating in a report on Tuesday. Finally, William Blair upgraded Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $909.55.

Get Our Latest Stock Analysis on Monolithic Power Systems

Monolithic Power Systems Stock Up 4.1%

MPWR stock opened at $1,007.93 on Thursday. The business has a 50 day moving average price of $878.34 and a two-hundred day moving average price of $737.66. The company has a market cap of $48.27 billion, a price-to-earnings ratio of 26.25, a P/E/G ratio of 3.61 and a beta of 1.27. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $1,016.96.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating 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 company had revenue of $664.57 million during the quarter, compared to analysts’ expectations of $648.74 million. During the same period last year, the firm posted $3.17 earnings per share. The business’s revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 16.25%.

Insider Buying and Selling at Monolithic Power Systems

In related news, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $780.00, for a total transaction 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 approximately $94,851,900. This trade represents a 24.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jeff Zhou sold 193 shares of Monolithic Power Systems stock in a transaction that occurred on 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 directly owned 5,611 shares of the company’s stock, valued at approximately $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. Insiders sold a total of 65,702 shares of company stock worth $53,834,480 in the last 90 days. Company insiders own 3.40% of the company’s stock.

Monolithic Power Systems Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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