AMG National Trust Bank acquired a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 340 shares of the semiconductor company’s stock, valued at approximately $249,000.
Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Monolithic Power Systems by 1.7% during the first quarter. Vanguard Group Inc. now owns 5,920,669 shares of the semiconductor company’s stock worth $3,433,870,000 after purchasing an additional 96,395 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Monolithic Power Systems by 33.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock worth $1,180,104,000 after purchasing an additional 506,430 shares in the last quarter. Invesco Ltd. increased its position in shares of Monolithic Power Systems by 7.5% during the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock worth $724,589,000 after purchasing an additional 86,853 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Monolithic Power Systems by 26.5% during the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock worth $365,136,000 after purchasing an additional 132,078 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Monolithic Power Systems by 1.5% during the first quarter. Bank of New York Mellon Corp now owns 355,312 shares of the semiconductor company’s stock worth $206,074,000 after purchasing an additional 5,390 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.
Insider Buying and Selling at Monolithic Power Systems
In other Monolithic Power Systems news, EVP Saria Tseng sold 1,300 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $1,087.62, for a total value of $1,413,906.00. Following the sale, the executive vice president directly owned 126,354 shares of the company’s stock, valued at approximately $137,425,137.48. This represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeff Zhou sold 193 shares of the company’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total transaction of $167,910.00. Following the completion of the sale, the director directly owned 5,611 shares in the company, valued at approximately $4,881,570. The trade was a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 40,843 shares of company stock valued at $38,938,463 in the last three months. Company insiders own 3.40% of the company’s stock.
Monolithic Power Systems Price Performance
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $720.66 million. During the same period in the previous year, the company earned $4.06 earnings per share. The business’s quarterly revenue was up 18.9% compared to the same quarter last year. Monolithic Power Systems has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.
Monolithic Power Systems Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a $1.56 dividend. This represents a $6.24 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio is presently 16.25%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on MPWR shares. Rosenblatt Securities upped their price target on Monolithic Power Systems from $800.00 to $950.00 and gave the stock a “neutral” rating in a research report on Friday. Wells Fargo & Company upped their price target on 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. KeyCorp upped their price target on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Friday. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the company an “outperform” rating in a report on Tuesday, October 14th. Finally, Stifel Nicolaus boosted their price objective on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Monolithic Power Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,033.64.
View Our Latest Analysis on MPWR
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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