Midwest Trust Co bought a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,252 shares of the semiconductor company’s stock, valued at approximately $5,304,000.
Several other hedge funds and other institutional investors have also modified their holdings of MPWR. Vanguard Group Inc. increased its stake in Monolithic Power Systems by 1.7% during the first quarter. Vanguard Group Inc. now owns 5,920,669 shares of the semiconductor company’s stock worth $3,433,870,000 after purchasing an additional 96,395 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Monolithic Power Systems by 33.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock valued at $1,180,104,000 after purchasing an additional 506,430 shares during the period. Invesco Ltd. grew its holdings in shares of Monolithic Power Systems by 7.5% in the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock valued at $724,589,000 after purchasing an additional 86,853 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Monolithic Power Systems by 26.5% in the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock valued at $365,136,000 after purchasing an additional 132,078 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Monolithic Power Systems by 3.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 335,986 shares of the semiconductor company’s stock worth $194,865,000 after buying an additional 10,163 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the company. Needham & Company LLC increased their price objective on Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Wolfe Research set a $1,200.00 price target on Monolithic Power Systems and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Cowen reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, October 31st. Raymond James Financial reiterated an “outperform” rating and issued a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. Finally, Loop Capital boosted their price objective on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. One 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’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,047.27.
Insider Buying and Selling
In related news, Director Jeff Zhou sold 193 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total value of $167,910.00. Following the completion of the sale, the director owned 5,611 shares in the company, valued at $4,881,570. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maurice Sciammas sold 200 shares of Monolithic Power Systems stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $986.81, for a total transaction of $197,362.00. Following the sale, the executive vice president owned 1,299 shares of the company’s stock, valued at approximately $1,281,866.19. The trade was a 13.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,043 shares of company stock valued at $42,209,115 in the last quarter. Corporate insiders own 3.40% of the company’s stock.
Monolithic Power Systems Stock Up 0.0%
MPWR opened at $958.26 on Monday. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $1,123.38. The business’s 50 day moving average is $943.99 and its two-hundred day moving average is $802.64. The firm has a market cap of $45.91 billion, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 4.08 and a beta of 1.33.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced its 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. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business had revenue of $737.18 million during the quarter, compared to the consensus estimate of $720.66 million. During the same quarter in the prior year, the firm earned $4.06 earnings per share. The business’s quarterly revenue was up 18.9% compared to the same quarter last year. Monolithic Power Systems has set its Q4 2025 guidance at EPS. Equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.
Monolithic Power Systems Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued 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 (DPR) is 15.93%.
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.
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