SteelPeak Wealth LLC Sells 710 Shares of Monolithic Power Systems, Inc. $MPWR

SteelPeak Wealth LLC cut its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 44.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 894 shares of the semiconductor company’s stock after selling 710 shares during the period. SteelPeak Wealth LLC’s holdings in Monolithic Power Systems were worth $655,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MPWR. Brighton Jones LLC lifted its stake in Monolithic Power Systems by 46.0% in the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock worth $376,000 after purchasing an additional 200 shares during the last quarter. Merit Financial Group LLC purchased a new position in shares of Monolithic Power Systems in the first quarter valued at about $492,000. UMB Bank n.a. increased its position in shares of Monolithic Power Systems by 34.2% in the first quarter. UMB Bank n.a. now owns 467 shares of the semiconductor company’s stock valued at $271,000 after acquiring an additional 119 shares during the period. Park Avenue Securities LLC increased its position in shares of Monolithic Power Systems by 2.2% in the first quarter. Park Avenue Securities LLC now owns 3,770 shares of the semiconductor company’s stock valued at $2,187,000 after acquiring an additional 80 shares during the period. Finally, Pallas Capital Advisors LLC purchased a new position in shares of Monolithic Power Systems in the first quarter valued at about $365,000. 93.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MPWR. KeyCorp boosted their price objective on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Stifel Nicolaus boosted their price objective on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Oppenheimer restated an “outperform” rating and issued a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Wells Fargo & Company boosted their price objective 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, Citigroup boosted their price objective on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $880.50.

Monolithic Power Systems Price Performance

Shares of NASDAQ MPWR opened at $980.90 on Thursday. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $986.63. The company’s 50-day moving average is $860.23 and its 200 day moving average is $725.26. The stock has a market capitalization of $46.98 billion, a P/E ratio of 25.54, a P/E/G ratio of 3.52 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $648.74 million. During the same quarter in the previous year, the company earned $3.17 earnings per share. Monolithic Power Systems’s quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders 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 yield of 0.6%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio is 16.25%.

Insiders Place Their Bets

In other Monolithic Power Systems news, EVP Deming Xiao sold 39,999 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Saria Tseng sold 14,510 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $914.45, for a total transaction of $13,268,669.50. Following the completion of the sale, the executive vice president owned 144,494 shares in the company, valued at approximately $132,132,538.30. This trade represents a 9.13% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,702 shares of company stock valued at $53,834,480. Insiders own 3.40% of the company’s stock.

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.