Ensign Peak Advisors Inc Sells 131,337 Shares of Monolithic Power Systems, Inc. $MPWR

Ensign Peak Advisors Inc cut its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 40.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,791 shares of the semiconductor company’s stock after selling 131,337 shares during the period. Ensign Peak Advisors Inc owned about 0.40% of Monolithic Power Systems worth $141,003,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Monolithic Power Systems by 0.3% in the second quarter. Vanguard Group Inc. now owns 5,939,946 shares of the semiconductor company’s stock valued at $4,344,358,000 after purchasing an additional 19,277 shares during the period. Price T Rowe Associates Inc. MD grew its position 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 worth $1,180,104,000 after buying an additional 506,430 shares in the last quarter. Invesco Ltd. increased its position in shares of Monolithic Power Systems by 7.5% in the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock worth $724,589,000 after purchasing an additional 86,853 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Monolithic Power Systems by 26.5% in the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock valued at $365,136,000 after purchasing an additional 132,078 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Monolithic Power Systems by 6.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 485,388 shares of the semiconductor company’s stock worth $355,003,000 after acquiring an additional 27,837 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MPWR. KeyCorp raised their price target on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research note on Wednesday, October 8th. Wells Fargo & Company raised their target price on shares of Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Wolfe Research set a $1,200.00 price target on Monolithic Power Systems and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Finally, Citigroup boosted their price objective on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,047.27.

Monolithic Power Systems Stock Up 3.2%

Monolithic Power Systems stock opened at $884.65 on Thursday. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $1,123.38. The firm’s fifty day moving average is $955.87 and its 200 day moving average is $819.44. The company has a market cap of $42.38 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 4.08 and a beta of 1.33.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $4.62 by $0.11. The firm had revenue of $737.18 million during the quarter, compared to analysts’ expectations of $720.66 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm’s revenue for the quarter was up 18.9% compared to the same quarter last year. During the same period in the previous year, the company earned $4.06 EPS. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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

Insider Transactions at Monolithic Power Systems

In related news, Director Carintia Martinez sold 1,400 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the transaction, the director directly owned 878 shares in the company, valued at $790,200. The trade was a 61.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the transaction, the chief financial officer owned 37,940 shares in the company, valued at $34,647,566.80. The trade was a 7.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 43,443 shares of company stock worth $41,703,115. 3.40% of the stock is owned by corporate insiders.

Monolithic Power Systems Company 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.