Hutchens & Kramer Investment Management Group LLC bought a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 298 shares of the semiconductor company’s stock, valued at approximately $223,000.
Several other hedge funds also recently made changes to their positions in the business. State of Michigan Retirement System grew its stake in shares of Monolithic Power Systems by 2.9% in the second quarter. State of Michigan Retirement System now owns 14,170 shares of the semiconductor company’s stock valued at $10,364,000 after buying an additional 400 shares in the last quarter. Gilbert & Cook Inc. lifted its holdings in shares of Monolithic Power Systems by 2.3% during the second quarter. Gilbert & Cook Inc. now owns 655 shares of the semiconductor company’s stock worth $479,000 after buying an additional 15 shares in the last quarter. Versor Investments LP lifted its holdings in shares of Monolithic Power Systems by 199.9% during the second quarter. Versor Investments LP now owns 2,993 shares of the semiconductor company’s stock worth $2,189,000 after buying an additional 1,995 shares in the last quarter. Hills Bank & Trust Co lifted its holdings in shares of Monolithic Power Systems by 27.9% during the second quarter. Hills Bank & Trust Co now owns 564 shares of the semiconductor company’s stock worth $412,000 after buying an additional 123 shares in the last quarter. Finally, Geneva Capital Management LLC raised its stake in Monolithic Power Systems by 13.2% in the second quarter. Geneva Capital Management LLC now owns 43,461 shares of the semiconductor company’s stock valued at $31,787,000 after purchasing an additional 5,073 shares in the last quarter. 93.46% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently commented on MPWR. Rosenblatt Securities boosted their price target on Monolithic Power Systems from $800.00 to $950.00 and gave the company a “neutral” rating in a research note on Friday. William Blair upgraded Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. Needham & Company LLC boosted their price target 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 upped their target price on Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, October 17th. Finally, Loop Capital boosted their price target on Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,033.64.
Monolithic Power Systems Price Performance
Shares of NASDAQ:MPWR opened at $1,005.00 on Monday. The company has a market capitalization of $48.13 billion, a PE ratio of 26.17, a price-to-earnings-growth ratio of 4.08 and a beta of 1.27. The business has a fifty day moving average price of $931.40 and a two-hundred day moving average price of $786.63. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $1,123.38.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share for the quarter, topping the consensus estimate of $4.62 by $0.11. The company had revenue of $737.18 million during the quarter, compared to the consensus estimate of $720.66 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The firm’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.06 EPS. Monolithic Power Systems has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $1.56 per share. The ex-dividend date was Tuesday, September 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.6%. Monolithic Power Systems’s dividend payout ratio is presently 16.25%.
Insider Transactions at Monolithic Power Systems
In other news, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $814.34, for a total transaction of $2,443,020.00. Following the completion of the transaction, the chief financial officer owned 40,939 shares in the company, valued at approximately $33,338,265.26. This represents a 6.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Saria Tseng sold 14,510 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $914.45, for a total value of $13,268,669.50. Following the transaction, the executive vice president owned 144,494 shares of the company’s stock, valued at $132,132,538.30. The trade was a 9.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 40,843 shares of company stock worth $38,938,463 over the last 90 days. 3.40% of the stock is owned by insiders.
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.
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