State Board of Administration of Florida Retirement System boosted its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,350 shares of the semiconductor company’s stock after purchasing an additional 99 shares during the period. State Board of Administration of Florida Retirement System owned 0.10% of Monolithic Power Systems worth $35,362,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. Fortress Financial Solutions LLC boosted its position in shares of Monolithic Power Systems by 1.7% in the second quarter. Fortress Financial Solutions LLC now owns 709 shares of the semiconductor company’s stock worth $518,000 after buying an additional 12 shares during the period. Wedmont Private Capital boosted its position in Monolithic Power Systems by 1.3% during the 2nd quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company’s stock worth $802,000 after acquiring an additional 14 shares during the period. Gilbert & Cook Inc. grew its stake in Monolithic Power Systems by 2.3% during the 2nd quarter. Gilbert & Cook Inc. now owns 655 shares of the semiconductor company’s stock valued at $479,000 after acquiring an additional 15 shares in the last quarter. Confluence Wealth Services Inc. increased its holdings in shares of Monolithic Power Systems by 0.9% in the 2nd quarter. Confluence Wealth Services Inc. now owns 2,067 shares of the semiconductor company’s stock valued at $1,511,000 after purchasing an additional 19 shares during the period. Finally, NewSquare Capital LLC boosted its holdings in shares of Monolithic Power Systems by 76.0% during the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 19 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, EVP Maurice Sciammas sold 3,976 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $895.23, for a total value of $3,559,434.48. Following the transaction, the executive vice president directly owned 144,330 shares in the company, valued at approximately $129,208,545.90. This trade represents a 2.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Kuo Wei Herbert Chang sold 100 shares of Monolithic Power Systems stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $896.97, for a total transaction of $89,697.00. Following the completion of the transaction, the director owned 426 shares in the company, valued at $382,109.22. This trade represents a 19.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 102,426 shares of company stock valued at $94,578,694 over the last three months. Corporate insiders own 3.40% of the company’s stock.
Monolithic Power Systems Price Performance
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, beating analysts’ consensus estimates of $4.62 by $0.11. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. During the same quarter in the prior year, the firm posted $4.06 EPS. The firm’s revenue for the quarter was up 18.9% on a year-over-year basis. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, equities 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 declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a $1.56 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 15.93%.
Analysts Set New Price Targets
Several research firms have weighed in on MPWR. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Needham & Company LLC increased their price objective on Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Cowen reissued a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, October 31st. TD Cowen upped their target price on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Rosenblatt Securities lifted their price target on Monolithic Power Systems from $800.00 to $950.00 and gave the company a “neutral” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,047.27.
Check Out Our Latest Stock Report 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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