Fifth Third Wealth Advisors LLC Trims Stake in Monolithic Power Systems, Inc. $MPWR

Fifth Third Wealth Advisors LLC reduced its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 6.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 392 shares of the semiconductor company’s stock after selling 25 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Monolithic Power Systems were worth $287,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MPWR. WPG Advisers LLC purchased a new stake in Monolithic Power Systems in the 1st quarter worth about $27,000. SouthState Corp purchased a new stake in Monolithic Power Systems in the 1st quarter worth about $33,000. Strategic Investment Solutions Inc. IL purchased a new stake in Monolithic Power Systems in the 2nd quarter worth about $36,000. Meeder Asset Management Inc. grew its stake in Monolithic Power Systems by 146.4% in the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 41 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its position 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 acquiring an additional 49 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on MPWR. William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. Needham & Company LLC raised their target price on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, August 1st. Stifel Nicolaus raised their target price on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $880.50.

Insider Buying and Selling

In other Monolithic Power Systems news, Director Jeff Zhou sold 193 shares of the firm’s stock in a transaction that occurred on 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 directly 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Deming Xiao sold 39,999 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the sale, the executive vice president owned 121,605 shares of the company’s stock, valued at approximately $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 65,702 shares of company stock valued at $53,834,480 over the last quarter. Insiders own 3.40% of the company’s stock.

Monolithic Power Systems Stock Performance

NASDAQ MPWR opened at $981.67 on Tuesday. The firm’s 50 day moving average price is $870.99 and its 200-day moving average price is $734.16. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $990.67. The company has a market cap of $47.01 billion, a PE ratio of 25.56, a P/E/G ratio of 3.37 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.09. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. During the same period last year, the firm earned $3.17 earnings per share. The company’s quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $1.56 dividend. This represents a $6.24 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is 16.25%.

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.