Pier 88 Investment Partners LLC Buys New Shares in Monolithic Power Systems, Inc. $MPWR

Pier 88 Investment Partners LLC purchased a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,010 shares of the semiconductor company’s stock, valued at approximately $739,000.

A number of other large investors also recently modified their holdings of the business. NewSquare Capital LLC increased its position in shares of Monolithic Power Systems by 76.0% in the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 19 shares during the last quarter. WPG Advisers LLC acquired a new position in Monolithic Power Systems during the first quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new position in Monolithic Power Systems in the second quarter valued at approximately $36,000. SouthState Corp acquired a new position in shares of Monolithic Power Systems during the 1st quarter worth approximately $33,000. Finally, AdvisorNet Financial Inc increased its position in shares of Monolithic Power Systems by 306.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 49 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Monolithic Power Systems Price Performance

Shares of Monolithic Power Systems stock opened at $958.26 on Friday. The business has a fifty day simple moving average of $943.99 and a two-hundred day simple moving average of $800.79. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $1,123.38. The company has a market capitalization of $45.89 billion, a price-to-earnings ratio of 24.95, a P/E/G ratio of 4.08 and a beta of 1.33.

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

Monolithic Power Systems Dividend Announcement

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

Insider Activity

In other news, Director Jeff Zhou sold 193 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total transaction of $167,910.00. Following the completion of the sale, the director owned 5,611 shares in the company, valued at $4,881,570. The trade was a 3.33% 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, EVP Saria Tseng sold 1,300 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $1,087.62, for a total value of $1,413,906.00. Following the completion of the transaction, the executive vice president directly owned 126,354 shares in the company, valued at $137,425,137.48. The trade was a 1.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 44,043 shares of company stock valued at $42,209,115. Company insiders own 3.40% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Stifel Nicolaus increased their price objective 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. Rosenblatt Securities upped their price target on shares of Monolithic Power Systems from $800.00 to $950.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. KeyCorp increased their price target on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. TD Cowen boosted their price objective on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Cowen reaffirmed a “buy” rating on shares of Monolithic Power Systems in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,047.27.

About Monolithic Power Systems

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.