Monolithic Power Systems (NASDAQ:MPWR) CFO Theodore Blegen Sells 3,000 Shares

Monolithic Power Systems, Inc. (NASDAQ:MPWR) CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $1,024.43, for a total transaction of $3,073,290.00. Following the sale, the chief financial officer owned 74,332 shares of the company’s stock, valued at approximately $76,147,930.76. This represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Theodore Blegen also recently made the following trade(s):

• On Wednesday, October 1st, Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $913.22, for a total value of $2,739,660.00.
• On Tuesday, September 2nd, Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $814.34, for a total value of $2,443,020.00.

Monolithic Power Systems Stock Performance

Shares of NASDAQ MPWR traded down $46.06 during midday trading on Tuesday, hitting $957.87. 865,119 shares of the company’s stock traded hands, compared to its average volume of 745,008. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $1,123.38. The stock has a market capitalization of $45.87 billion, a price-to-earnings ratio of 24.94, a price-to-earnings-growth ratio of 4.08 and a beta of 1.27. The firm has a fifty day moving average of $936.87 and a 200 day moving average of $793.07.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, beating the consensus estimate of $4.62 by $0.11. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm had revenue of $737.18 million during the quarter, compared to analyst estimates of $720.66 million. During the same quarter in the prior year, the firm earned $4.06 EPS. The business’s revenue for the quarter was up 18.9% compared to the same quarter last year. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, equities analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $1.56 dividend. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio is 15.93%.

Hedge Funds Weigh In On Monolithic Power Systems

Institutional investors have recently bought and sold shares of the stock. True Wealth Design LLC boosted its holdings in shares of Monolithic Power Systems by 61.1% in the 3rd quarter. True Wealth Design LLC now owns 29 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 11 shares during the period. SJS Investment Consulting Inc. boosted its stake in Monolithic Power Systems by 2,700.0% during the third quarter. SJS Investment Consulting Inc. now owns 28 shares of the semiconductor company’s stock worth $26,000 after buying an additional 27 shares during the period. WPG Advisers LLC purchased a new position in Monolithic Power Systems during the first quarter worth $27,000. NewSquare Capital LLC boosted its stake in Monolithic Power Systems by 76.0% during the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company’s stock worth $32,000 after buying an additional 19 shares during the period. Finally, SouthState Corp purchased a new position in shares of Monolithic Power Systems during the 1st quarter worth about $33,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MPWR. Wolfe Research set a $1,200.00 target price on Monolithic Power Systems and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Wells Fargo & Company upped their price target on Monolithic Power Systems from $750.00 to $970.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Citigroup upped their price target on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings reissued a “hold (c+)” rating on shares of Monolithic Power Systems in a report on Wednesday, October 8th. Finally, Needham & Company LLC increased their target price on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,047.27.

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.