Empowered Funds LLC lifted its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 5.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,604 shares of the semiconductor company’s stock after purchasing an additional 279 shares during the period. Empowered Funds LLC’s holdings in Monolithic Power Systems were worth $4,099,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. WPG Advisers LLC purchased a new stake in Monolithic Power Systems in the first quarter worth about $27,000. NewSquare Capital LLC raised 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 acquiring an additional 19 shares in the last quarter. SouthState Corp purchased a new position in shares of Monolithic Power Systems in the 1st quarter valued at approximately $33,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Monolithic Power Systems during the second quarter valued at approximately $36,000. Finally, Meeder Asset Management Inc. grew its stake 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 worth $40,000 after purchasing an additional 41 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Insiders Place Their Bets
In other Monolithic Power Systems news, EVP Maurice Sciammas sold 27,966 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $881.66, for a total transaction of $24,656,503.56. Following the transaction, the executive vice president owned 148,306 shares in the company, valued at approximately $130,755,467.96. This represents a 15.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Saria Tseng sold 14,510 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $914.45, for a total transaction of $13,268,669.50. Following the sale, the executive vice president directly owned 144,494 shares in the company, valued at approximately $132,132,538.30. The trade was a 9.13% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 78,443 shares of company stock valued at $72,480,676. Company insiders own 3.40% of the company’s stock.
Monolithic Power Systems Stock Performance
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $737.18 million for the quarter, compared to analysts’ expectations of $720.66 million. During the same quarter in the prior year, the company posted $4.06 earnings per share. The business’s revenue for the quarter was up 18.9% on a year-over-year basis. Monolithic Power Systems has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.
Monolithic Power Systems Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $1.56 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems’s payout ratio is currently 15.93%.
Wall Street Analyst Weigh In
Several equities analysts have commented on the company. Citigroup raised their price objective on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Raymond James Financial reissued an “outperform” rating and set a $875.00 price target (up from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. KeyCorp raised their target price 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. Finally, TD Cowen boosted their price target on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. One 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,047.27.
Get 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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