Envestnet Asset Management Inc. Has $124.27 Million Stake in Monolithic Power Systems, Inc. $MPWR

Envestnet Asset Management Inc. raised its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 1.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 169,907 shares of the semiconductor company’s stock after purchasing an additional 2,389 shares during the period. Envestnet Asset Management Inc.’s holdings in Monolithic Power Systems were worth $124,266,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wedmont Private Capital raised its stake in shares of Monolithic Power Systems by 1.3% in the 2nd quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company’s stock valued at $802,000 after purchasing an additional 14 shares during the period. Confluence Wealth Services Inc. raised its stake in shares of Monolithic Power Systems by 0.9% in the 2nd quarter. Confluence Wealth Services Inc. now owns 2,067 shares of the semiconductor company’s stock valued at $1,511,000 after purchasing an additional 19 shares during the period. Beverly Hills Private Wealth LLC raised its stake in shares of Monolithic Power Systems by 3.2% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company’s stock valued at $370,000 after purchasing an additional 20 shares during the period. Cromwell Holdings LLC raised its stake in shares of Monolithic Power Systems by 18.7% in the 1st quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 20 shares during the period. Finally, Burney Co. raised its stake in shares of Monolithic Power Systems by 2.2% in the 1st quarter. Burney Co. now owns 946 shares of the semiconductor company’s stock valued at $549,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Activity

In other news, CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the completion of the sale, the chief financial officer owned 43,939 shares in the company, valued at $32,954,250. The trade was a 6.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Carintia Martinez sold 1,400 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $900.00, for a total value of $1,260,000.00. Following the sale, the director owned 878 shares of the company’s stock, valued at approximately $790,200. This represents a 61.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 83,842 shares of company stock valued at $72,387,683. 3.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on MPWR. Needham & Company LLC lifted their target price on Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Oppenheimer reaffirmed an “outperform” rating and issued a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Raymond James Financial reaffirmed an “outperform” rating and issued a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company lifted their target price on Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $963.18.

Monolithic Power Systems Stock Down 1.7%

Shares of NASDAQ MPWR opened at $1,086.36 on Wednesday. The business’s 50 day moving average price is $917.49 and its two-hundred day moving average price is $773.82. The company has a market cap of $52.03 billion, a PE ratio of 28.29, a price-to-earnings-growth ratio of 4.12 and a beta of 1.27. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $1,112.06.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.09. The firm had revenue of $664.57 million for 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal 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 of this dividend was Tuesday, September 30th. Monolithic Power Systems’s payout ratio is 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.