Hills Bank & Trust Co boosted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 27.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 564 shares of the semiconductor company’s stock after buying an additional 123 shares during the quarter. Hills Bank & Trust Co’s holdings in Monolithic Power Systems were worth $412,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. WPG Advisers LLC bought a new position in shares of Monolithic Power Systems in the first quarter worth approximately $27,000. SouthState Corp bought a new position in shares of Monolithic Power Systems in the first quarter worth approximately $33,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Monolithic Power Systems in the second quarter worth approximately $36,000. Meeder Asset Management Inc. boosted its position in shares of 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. Finally, AdvisorNet Financial Inc boosted its position in shares of Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 49 shares during the period. 93.46% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
MPWR has been the subject of a number of recent analyst reports. Cowen reiterated a “buy” rating on shares of Monolithic Power Systems in a research report on Friday. Wells Fargo & Company upped their price target on shares of Monolithic Power Systems from $750.00 to $970.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Oppenheimer reiterated an “outperform” rating and issued a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. KeyCorp upped their price target on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Wolfe Research set a $1,200.00 price target on shares of Monolithic Power Systems and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,033.64.
Monolithic Power Systems Stock Performance
Shares of NASDAQ:MPWR opened at $1,005.00 on Friday. The firm has a fifty day moving average price of $931.40 and a 200 day moving average price of $784.80. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $1,123.38. The firm has a market cap of $48.13 billion, a price-to-earnings ratio of 26.17, a P/E/G ratio of 4.08 and a beta of 1.27.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $720.66 million. During the same quarter in the prior year, the business earned $4.06 earnings per share. Monolithic Power Systems’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, research analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Dividend Announcement
The firm also recently declared 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. The ex-dividend date of this dividend was 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%.
Insider Buying and Selling at Monolithic Power Systems
In related news, Director Carintia Martinez sold 1,400 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the sale, the director owned 878 shares of the company’s stock, valued at $790,200. This represents a 61.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 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 sale, the chief financial officer directly owned 37,940 shares in the company, valued at approximately $34,647,566.80. The trade was a 7.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 40,843 shares of company stock worth $38,938,463 in the last ninety days. Company insiders own 3.40% of the company’s stock.
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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