Cidel Asset Management Inc. Reduces Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Cidel Asset Management Inc. reduced its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 18.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,349 shares of the semiconductor company’s stock after selling 300 shares during the period. Cidel Asset Management Inc.’s holdings in Monolithic Power Systems were worth $987,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MPWR. Brighton Jones LLC lifted its position in shares of Monolithic Power Systems by 46.0% during the 4th quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock valued at $376,000 after buying an additional 200 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Monolithic Power Systems by 32.0% during the 1st 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 in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Monolithic Power Systems by 13.3% during the 1st 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 in the last quarter. Sowell Financial Services LLC purchased a new position in shares of Monolithic Power Systems during the 1st quarter valued at about $201,000. Finally, Sagespring Wealth Partners LLC purchased a new position in shares of Monolithic Power Systems during the 1st quarter valued at about $217,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Monolithic Power Systems Trading Down 2.2%

NASDAQ MPWR opened at $1,004.65 on Friday. The stock’s 50 day moving average is $886.92 and its 200 day moving average is $744.73. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $1,041.50. The stock has a market cap of $48.11 billion, a PE ratio of 26.16, a P/E/G ratio of 3.74 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (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 business had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. During the same quarter in the previous year, the company posted $3.17 EPS. The company’s revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

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

Insider Transactions at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Saria Tseng sold 2,812 shares of Monolithic Power Systems stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $1,025.72, for a total value of $2,884,324.64. Following the sale, the executive vice president owned 127,654 shares of the company’s stock, valued at $130,937,260.88. The trade was a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 37,940 shares in the company, valued at approximately $34,647,566.80. The trade was a 7.33% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 82,542 shares of company stock worth $70,973,777. 3.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MPWR. Stifel Nicolaus lifted their price objective on Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Wednesday, October 8th. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. Raymond James Financial reissued an “outperform” rating and issued a $875.00 price target (up from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Finally, Wells Fargo & Company boosted their price target on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $925.00.

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.