Truist Financial Corp lowered its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 7.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,335 shares of the semiconductor company’s stock after selling 446 shares during the period. Truist Financial Corp’s holdings in Monolithic Power Systems were worth $4,836,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Resonant Capital Advisors LLC increased its position in shares of Monolithic Power Systems by 4.1% during the fourth quarter. Resonant Capital Advisors LLC now owns 253 shares of the semiconductor company’s stock valued at $230,000 after acquiring an additional 10 shares in the last quarter. YANKCOM Partnership increased its position in shares of Monolithic Power Systems by 6.7% during the fourth quarter. YANKCOM Partnership now owns 176 shares of the semiconductor company’s stock valued at $160,000 after acquiring an additional 11 shares in the last quarter. First National Bank of Hutchinson increased its position in shares of Monolithic Power Systems by 1.2% during the fourth quarter. First National Bank of Hutchinson now owns 948 shares of the semiconductor company’s stock valued at $859,000 after acquiring an additional 11 shares in the last quarter. Sagespring Wealth Partners LLC increased its position in shares of Monolithic Power Systems by 2.4% during the third quarter. Sagespring Wealth Partners LLC now owns 512 shares of the semiconductor company’s stock valued at $471,000 after acquiring an additional 12 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Monolithic Power Systems by 2.5% during the third quarter. UMB Bank n.a. now owns 492 shares of the semiconductor company’s stock valued at $453,000 after acquiring an additional 12 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on MPWR shares. Oppenheimer set a $1,700.00 price target on shares of Monolithic Power Systems in a research report on Friday, May 1st. TD Cowen raised their price target on shares of Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Citigroup reiterated a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. Finally, Raymond James Financial reiterated an “outperform” rating and set a $1,800.00 target price on shares of Monolithic Power Systems in a research note on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,599.17.
Monolithic Power Systems Price Performance
Shares of MPWR stock opened at $1,600.84 on Monday. Monolithic Power Systems, Inc. has a 1 year low of $630.62 and a 1 year high of $1,662.00. The firm has a fifty day moving average price of $1,252.72 and a 200-day moving average price of $1,099.93. The company has a market cap of $78.65 billion, a price-to-earnings ratio of 115.42, a PEG ratio of 2.86 and a beta of 1.74.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.90 by $0.20. Monolithic Power Systems had a net margin of 22.84% and a return on equity of 19.58%. The firm had revenue of $804.19 million during the quarter, compared to the consensus estimate of $781.93 million. During the same quarter in the previous year, the firm posted $4.04 EPS. The company’s revenue for the quarter was up 26.1% compared to the same quarter last year. Equities research analysts expect that Monolithic Power Systems, Inc. will post 20.13 EPS for the current year.
Key Headlines Impacting Monolithic Power Systems
Here are the key news stories impacting Monolithic Power Systems this week:
- Positive Sentiment: Monolithic Power Systems delivered a strong quarterly report, with EPS and revenue both beating expectations and revenue rising 26% year over year. Investors are also responding to improved demand tied to AI infrastructure and automotive growth, while several analysts raised price targets and maintained Buy ratings. Monolithic Power Systems: AI Stock Beat, Raised and Upgraded Post-Earnings
- Positive Sentiment: Analysts continue to signal upside for MPWR, citing rising earnings estimates and a favorable outlook for continued growth. Surging Earnings Estimates Signal Upside for Monolithic (MPWR) Stock
- Neutral Sentiment: Media coverage has also highlighted MPWR as part of a broader semiconductor/AI rally, which can add momentum but does not change the company’s fundamentals. Microchip Technology and Monolithic Power Systems Shares Skyrocket, What You Need To Know
- Negative Sentiment: Multiple insiders, including Director Jeff Zhou and EVP Maurice Sciammas, sold shares in recent days. While insider sales are not unusual, the size and frequency may raise some profit-taking concerns for investors. Jeff Zhou SEC Filing Deming Xiao SEC Filing
Insider Activity
In other news, EVP Maurice Sciammas sold 380 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $1,583.81, for a total transaction of $601,847.80. Following the completion of the sale, the executive vice president owned 919 shares of the company’s stock, valued at $1,455,521.39. The trade was a 29.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jeff Zhou sold 500 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $1,650.00, for a total transaction of $825,000.00. Following the sale, the director directly owned 4,286 shares of the company’s stock, valued at approximately $7,071,900. The trade was a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 88,192 shares of company stock worth $120,720,004. Company insiders own 3.40% of the company’s stock.
Monolithic Power Systems Profile
Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.
MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.
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