Geode Capital Management LLC Sells 87,495 Shares of Monolithic Power Systems, Inc. $MPWR

Geode Capital Management LLC reduced its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 6.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,318,541 shares of the semiconductor company’s stock after selling 87,495 shares during the quarter. Geode Capital Management LLC’s holdings in Monolithic Power Systems were worth $962,039,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Monolithic Power Systems by 1.7% in 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 in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Monolithic Power Systems by 33.1% during 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 in the last quarter. Invesco Ltd. grew its stake in shares of Monolithic Power Systems by 7.5% in the 1st 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 during the period. JPMorgan Chase & Co. raised its holdings in shares of Monolithic Power Systems by 26.5% in the 1st quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock worth $365,136,000 after buying an additional 132,078 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of 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. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Buying and Selling at Monolithic Power Systems

In other news, EVP Maurice Sciammas sold 200 shares of the stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $986.81, for a total value of $197,362.00. Following the completion of the sale, the executive vice president owned 1,299 shares of the company’s stock, valued at approximately $1,281,866.19. This represents a 13.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the completion of the transaction, the director directly owned 878 shares of the company’s stock, valued at approximately $790,200. This trade represents a 61.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 43,443 shares of company stock valued at $41,703,115 in the last ninety days. Insiders own 3.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Loop Capital upped their target price on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Citigroup lifted their target price on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. KeyCorp boosted their target price on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Finally, Stifel Nicolaus increased their price target on Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. One investment 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’s stock. According to MarketBeat.com, Monolithic Power Systems has an average rating of “Moderate Buy” and an average target price of $1,047.27.

Monolithic Power Systems Trading Down 3.6%

NASDAQ:MPWR opened at $924.29 on Friday. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $1,123.38. The firm has a market capitalization of $44.28 billion, a price-to-earnings ratio of 24.07, a PEG ratio of 4.08 and a beta of 1.33. The business’s 50-day moving average price is $953.56 and its two-hundred day moving average price is $809.89.

Monolithic Power Systems (NASDAQ:MPWR) last posted 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. The firm had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The company’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same period in the previous year, the company posted $4.06 earnings per share. Monolithic Power Systems has set its Q4 2025 guidance at EPS. Sell-side analysts predict 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 announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given 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 dividend yield of 0.7%. Monolithic Power Systems’s payout ratio is currently 15.93%.

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.