Envestnet Portfolio Solutions Inc. decreased its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 9.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,931 shares of the semiconductor company’s stock after selling 523 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Monolithic Power Systems were worth $3,607,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of MPWR. Brighton Jones LLC raised its stake in Monolithic Power Systems by 46.0% in the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock valued at $376,000 after buying an additional 200 shares during the period. GAMMA Investing LLC raised its stake in Monolithic Power Systems by 32.0% in the first quarter. GAMMA Investing LLC now owns 1,342 shares of the semiconductor company’s stock valued at $778,000 after buying an additional 325 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Monolithic Power Systems by 10.7% during the first quarter. Assenagon Asset Management S.A. now owns 964 shares of the semiconductor company’s stock worth $559,000 after purchasing an additional 93 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake 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 worth $2,157,000 after purchasing an additional 438 shares during the period. Finally, Sowell Financial Services LLC bought a new position in shares of Monolithic Power Systems during the first quarter worth approximately $201,000. Institutional investors own 93.46% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the company. Oppenheimer reiterated an “outperform” rating and set a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Rosenblatt Securities reiterated a “neutral” rating and set a $800.00 target price on shares of Monolithic Power Systems in a research note on Friday, August 1st. Wells Fargo & Company increased their target price on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an “equal weight” rating in a research note on Friday, August 1st. Loop Capital increased their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Finally, Stifel Nicolaus increased their target price on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $909.55.
Insider Transactions at Monolithic Power Systems
In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total value of $2,739,660.00. Following the sale, the chief financial officer owned 37,940 shares of the company’s stock, valued at approximately $34,647,566.80. This trade represents a 7.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Carintia Martinez sold 1,400 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $790,200. This represents a 61.46% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,702 shares of company stock worth $53,834,480. 3.40% of the stock is owned by insiders.
Monolithic Power Systems Price Performance
Monolithic Power Systems stock opened at $1,007.93 on Thursday. The stock’s fifty day moving average price is $878.34 and its two-hundred day moving average price is $737.66. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,016.96. The firm has a market cap of $48.27 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 3.61 and a beta of 1.27.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $648.74 million. During the same quarter last year, the company earned $3.17 EPS. The company’s revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.
Monolithic Power Systems Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued 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 currently 16.25%.
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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