Inspire Investing LLC lessened its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 10.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 8,090 shares of the semiconductor company’s stock after selling 975 shares during the quarter. Monolithic Power Systems makes up approximately 0.6% of Inspire Investing LLC’s investment portfolio, making the stock its 24th largest holding. Inspire Investing LLC’s holdings in Monolithic Power Systems were worth $5,917,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in MPWR. Price T Rowe Associates Inc. MD increased its position in Monolithic Power Systems by 33.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock valued at $1,180,104,000 after purchasing an additional 506,430 shares during the period. Nuveen LLC acquired a new stake in Monolithic Power Systems during the 1st quarter valued at approximately $105,751,000. BNP Paribas Financial Markets increased its position in Monolithic Power Systems by 87.9% during the 1st quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company’s stock valued at $164,771,000 after purchasing an additional 132,880 shares during the period. JPMorgan Chase & Co. increased its position in Monolithic Power Systems by 26.5% during the 1st 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 during the period. Finally, T. Rowe Price Investment Management Inc. increased its position in Monolithic Power Systems by 70.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 314,449 shares of the semiconductor company’s stock valued at $182,375,000 after purchasing an additional 130,394 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have weighed in on the stock. William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. Oppenheimer restated an “outperform” rating and set a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Rosenblatt Securities restated a “neutral” rating and set a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, August 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Monolithic Power Systems in a report on Wednesday. Finally, KeyCorp increased their price target on Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $880.50.
Insider Buying and Selling
In related news, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total value of $2,739,660.00. Following the transaction, the chief financial officer directly owned 37,940 shares in the company, valued at $34,647,566.80. This trade represents a 7.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Deming Xiao sold 39,999 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the transaction, the executive vice president owned 121,605 shares in the company, valued at approximately $94,851,900. This 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 worth $53,834,480 over the last quarter. Corporate insiders own 3.40% of the company’s stock.
Monolithic Power Systems Stock Down 7.6%
Shares of MPWR opened at $904.44 on Friday. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $990.25. The business’s fifty day moving average is $867.96 and its 200 day moving average is $729.55. The stock has a market cap of $43.31 billion, a P/E ratio of 23.55, a P/E/G ratio of 3.65 and a beta of 1.27.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued 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 return on equity of 19.14% and a net margin of 73.17%.The company had revenue of $664.57 million for the quarter, compared to analysts’ expectations of $648.74 million. During the same period last year, the business earned $3.17 EPS. Monolithic Power Systems’s quarterly 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, analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.
Monolithic Power Systems Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 16.25%.
About Monolithic Power Systems
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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