Monolithic Power Systems, Inc. $MPWR Shares Bought by Portside Wealth Group LLC

Portside Wealth Group LLC grew its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 8.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,019 shares of the semiconductor company’s stock after buying an additional 82 shares during the quarter. Portside Wealth Group LLC’s holdings in Monolithic Power Systems were worth $745,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. NewSquare Capital LLC raised its holdings in 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 in the last quarter. WPG Advisers LLC acquired a new stake in shares of Monolithic Power Systems in the 1st quarter valued at $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Monolithic Power Systems during the 2nd quarter worth $36,000. SouthState Corp purchased a new stake in shares of Monolithic Power Systems during the 1st quarter worth $33,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Monolithic Power Systems by 306.3% during the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 49 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Monolithic Power Systems

In other Monolithic Power Systems news, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $900.00, for a total value of $1,260,000.00. Following the transaction, the director directly owned 878 shares in the company, valued at approximately $790,200. The trade was a 61.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Saria Tseng sold 1,300 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $1,087.62, for a total value of $1,413,906.00. Following the sale, the executive vice president directly owned 126,354 shares of the company’s stock, valued at $137,425,137.48. The trade was a 1.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 43,443 shares of company stock worth $41,703,115 over the last 90 days. Company insiders own 3.40% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on MPWR shares. TD Cowen raised 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 Friday, October 31st. Citigroup increased their price objective on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a report 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 research note on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a report on Wednesday, October 8th. Finally, Needham & Company LLC raised their price objective 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 research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,047.27.

Read Our Latest Report on MPWR

Monolithic Power Systems Stock Performance

Monolithic Power Systems stock opened at $856.96 on Wednesday. The company has a market capitalization of $41.05 billion, a P/E ratio of 22.32, a PEG ratio of 4.08 and a beta of 1.33. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $1,123.38. The stock has a 50-day simple moving average of $955.28 and a 200-day simple moving average of $818.98.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.62 by $0.11. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The firm had revenue of $737.18 million for the quarter, compared to the consensus estimate of $720.66 million. During the same quarter last year, the business posted $4.06 EPS. The firm’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. As a group, analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

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

Monolithic Power Systems Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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