ASR Vermogensbeheer N.V. increased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 105.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,454 shares of the semiconductor company’s stock after acquiring an additional 2,281 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Monolithic Power Systems were worth $3,257,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in MPWR. Wealth Enhancement Advisory Services LLC raised its stake in shares of Monolithic Power Systems by 13.3% in the 1st 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 during the period. OneDigital Investment Advisors LLC acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at approximately $204,000. Praxis Investment Management Inc. acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at approximately $980,000. Jackson Wealth Management LLC raised its holdings in shares of Monolithic Power Systems by 29.5% in the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company’s stock valued at $1,680,000 after purchasing an additional 659 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its holdings in shares of Monolithic Power Systems by 52.6% in the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company’s stock valued at $379,000 after purchasing an additional 225 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Monolithic Power Systems
In other news, CFO Theodore Blegen sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total value 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. This trade represents a 7.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Carintia Martinez sold 1,400 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director owned 878 shares in the company, valued at approximately $790,200. The trade was a 61.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,702 shares of company stock worth $53,834,480. 3.40% of the stock is owned by insiders.
Monolithic Power Systems Stock Down 1.3%
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.09. The business had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm’s revenue for the quarter was up 31.0% on a year-over-year basis. During the same quarter last year, the business posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect 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 announced 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 dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 16.25%.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. KeyCorp lifted their target price on Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Tuesday. Citigroup lifted their target price on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday. Raymond James Financial reaffirmed an “outperform” rating and issued a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, Needham & Company LLC upped their price objective on Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $880.50.
View Our Latest Analysis on Monolithic Power Systems
Monolithic Power Systems Company 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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