Monolithic Power Systems, Inc. $MPWR Stake Lessened by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB cut its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 68.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 5,589 shares of the semiconductor company’s stock after selling 11,940 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Monolithic Power Systems were worth $4,088,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. WPG Advisers LLC bought a new stake in Monolithic Power Systems during the first quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Monolithic Power Systems during the second quarter worth approximately $36,000. SouthState Corp bought a new stake in Monolithic Power Systems during the first quarter worth approximately $33,000. AdvisorNet Financial Inc boosted its holdings in 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 buying an additional 49 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in Monolithic Power Systems during the second quarter worth approximately $48,000. 93.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Monolithic Power Systems news, EVP Saria Tseng sold 14,510 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $914.45, for a total value of $13,268,669.50. Following the completion of the sale, the executive vice president owned 144,494 shares in the company, valued at $132,132,538.30. This represents a 9.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the completion of the sale, the chief financial officer owned 37,940 shares of the company’s stock, valued at approximately $34,647,566.80. The trade was a 7.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 65,702 shares of company stock worth $53,834,480. Insiders own 3.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MPWR shares. Rosenblatt Securities restated a “neutral” rating and set a $800.00 target price on shares of Monolithic Power Systems in a report on Friday, August 1st. 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 report on Monday, September 29th. KeyCorp raised their target price on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Tuesday, September 30th. Wells Fargo & Company upped their price target on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an “equal weight” rating in a research report on Friday, August 1st. Finally, Raymond James Financial restated an “outperform” rating and issued a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $909.55.

View Our Latest Stock Analysis on MPWR

Monolithic Power Systems Stock Performance

Shares of NASDAQ:MPWR opened at $968.25 on Wednesday. The company has a market cap of $46.37 billion, a PE ratio of 25.21, a price-to-earnings-growth ratio of 3.66 and a beta of 1.27. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $994.83. The firm has a 50 day simple moving average of $874.30 and a 200 day simple moving average of $735.79.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last released its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping 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 company had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. During the same quarter in the prior year, the firm earned $3.17 EPS. The company’s revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities 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 will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a $1.56 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a yield of 0.6%. Monolithic Power Systems’s dividend payout ratio is presently 16.25%.

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.

See Also

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

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