Monolithic Power Systems, Inc. $MPWR Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC trimmed its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 2.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,392 shares of the semiconductor company’s stock after selling 36 shares during the period. Great Lakes Advisors LLC’s holdings in Monolithic Power Systems were worth $807,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Monolithic Power Systems by 13.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company’s stock valued at $2,157,000 after purchasing an additional 438 shares in the last quarter. OneDigital Investment Advisors LLC acquired a new position in shares of Monolithic Power Systems during the 1st quarter worth approximately $204,000. Praxis Investment Management Inc. purchased a new stake in Monolithic Power Systems in the 1st quarter valued at approximately $980,000. Jackson Wealth Management LLC lifted its stake in Monolithic Power Systems by 29.5% in the 1st quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company’s stock valued at $1,680,000 after buying an additional 659 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its holdings in Monolithic Power Systems by 52.6% during the 1st quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company’s stock valued at $379,000 after buying an additional 225 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. Needham & Company LLC boosted their target price on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Rosenblatt Securities restated a “neutral” rating and issued a $800.00 target price on shares of Monolithic Power Systems in a report on Friday, August 1st. Oppenheimer reaffirmed an “outperform” rating and set a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Finally, Citigroup reissued a “buy” rating and issued a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $838.09.

Read Our Latest Stock Analysis on Monolithic Power Systems

Insider Transactions at Monolithic Power Systems

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 stock was sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the sale, the executive vice president directly owned 121,605 shares in the company, valued at $94,851,900. This represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jeff Zhou sold 193 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total value of $167,910.00. Following the completion of the transaction, the director owned 5,611 shares in the company, valued at approximately $4,881,570. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 52,792 shares of company stock worth $41,066,150 in the last ninety days. Insiders own 3.40% of the company’s stock.

Monolithic Power Systems Trading Down 1.7%

Shares of NASDAQ:MPWR opened at $840.38 on Friday. The firm has a market cap of $40.25 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 3.19 and a beta of 1.23. The stock’s 50-day moving average price is $792.68 and its two-hundred day moving average price is $685.57. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $954.00.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, topping 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 business had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. During the same period in the prior year, the firm posted $3.17 EPS. The company’s revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems’s dividend payout ratio is presently 16.25%.

Monolithic Power Systems Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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