Moors & Cabot Inc. reduced its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 6.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 893 shares of the semiconductor company’s stock after selling 59 shares during the quarter. Moors & Cabot Inc.’s holdings in Monolithic Power Systems were worth $653,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WPG Advisers LLC bought a new stake in shares of Monolithic Power Systems during the 1st quarter valued at $27,000. NewSquare Capital LLC boosted its position in shares of Monolithic Power Systems by 76.0% in the 2nd quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 19 shares during the last quarter. SouthState Corp acquired a new stake in shares of Monolithic Power Systems during the first quarter worth $33,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Monolithic Power Systems during the second quarter worth $36,000. Finally, Meeder Asset Management Inc. increased its holdings in Monolithic Power Systems by 146.4% in the first 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 during the last quarter. 93.46% of the stock is owned by institutional investors.
Insider Transactions at Monolithic Power Systems
In other news, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction dated 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 directly owned 40,939 shares of the company’s stock, valued at $33,338,265.26. This represents a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Carintia Martinez sold 1,400 shares of the stock in a transaction dated 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 transaction, the director owned 878 shares of the company’s stock, valued at approximately $790,200. The trade was a 61.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 44,043 shares of company stock worth $42,209,115 in the last 90 days. Company insiders own 3.40% of the company’s stock.
Monolithic Power Systems Stock Performance
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share for the quarter, beating analysts’ consensus estimates of $4.62 by $0.11. The firm had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business’s revenue was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.06 earnings per share. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.
Monolithic Power Systems Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors 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 0.7%. Monolithic Power Systems’s dividend payout ratio is presently 15.93%.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. TD Cowen increased their target price on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Citigroup upped their price target on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Monday. William Blair upgraded shares of Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. Oppenheimer restated an “outperform” rating and set a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Finally, Cowen reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,047.27.
Read Our Latest Analysis on Monolithic Power Systems
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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