Mutual of America Capital Management LLC reduced its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,028 shares of the semiconductor company’s stock after selling 72 shares during the period. Mutual of America Capital Management LLC’s holdings in Monolithic Power Systems were worth $4,409,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at about $27,000. SouthState Corp acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at about $33,000. Strategic Investment Solutions Inc. IL acquired a new stake in Monolithic Power Systems in the second quarter valued at approximately $36,000. Meeder Asset Management Inc. grew its holdings in Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 41 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in Monolithic Power Systems by 306.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 49 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on MPWR. Citigroup raised their target price on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Monolithic Power Systems in a research note on Wednesday, October 8th. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Oppenheimer restated an “outperform” rating and issued a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Finally, William Blair upgraded Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $945.00.
Insider Activity at Monolithic Power Systems
In other Monolithic Power Systems news, EVP Saria Tseng sold 14,510 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $914.45, for a total transaction of $13,268,669.50. Following the completion of the transaction, the executive vice president owned 144,494 shares in the company, valued at approximately $132,132,538.30. The trade was a 9.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 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 $94,851,900. The trade was a 24.75% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,542 shares of company stock worth $70,973,777 in the last ninety days. 3.40% of the stock is currently owned by corporate insiders.
Monolithic Power Systems Stock Down 2.7%
Monolithic Power Systems stock opened at $1,001.40 on Thursday. The firm has a 50-day moving average price of $898.16 and a two-hundred day moving average price of $753.97. The firm has a market capitalization of $47.96 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 3.83 and a beta of 1.27. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $1,041.50.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business’s revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the firm posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Research analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems’s payout ratio 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.
See Also
- Five stocks we like better than Monolithic Power Systems
- Best Aerospace Stocks Investing
- Archer’s Recent String of Victories Signals a New Phase of Growth
- EV Stocks and How to Profit from Them
- 3 Key Stocks Boosting Buybacks Amid Improving Fundamentals
- Large Cap Stock Definition and How to Invest
- The Best AI for Picking Stocks, Ranked by Performance
Want to see what other hedge funds are holding MPWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report).
Receive News & Ratings for Monolithic Power Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monolithic Power Systems and related companies with MarketBeat.com's FREE daily email newsletter.