Envestnet Portfolio Solutions Inc. decreased its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 9.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 4,931 shares of the semiconductor company’s stock after selling 523 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Monolithic Power Systems were worth $3,607,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. WPG Advisers LLC acquired a new stake in shares of Monolithic Power Systems during the 1st quarter valued at $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Monolithic Power Systems during the 2nd quarter valued at $36,000. SouthState Corp acquired a new stake in shares of Monolithic Power Systems during the 1st quarter valued at $33,000. AdvisorNet Financial Inc boosted its holdings in shares of Monolithic Power Systems by 306.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 49 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Monolithic Power Systems during the 2nd quarter valued at $48,000. Institutional investors and hedge funds own 93.46% of the company’s stock.
Insider Transactions at Monolithic Power Systems
In other news, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $900.00, for a total value of $1,260,000.00. Following the completion of the transaction, the director directly owned 878 shares of the company’s stock, valued at approximately $790,200. This trade represents a 61.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 37,940 shares of the company’s stock, valued at $34,647,566.80. The trade was a 7.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 65,702 shares of company stock worth $53,834,480. Corporate insiders own 3.40% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on MPWR
Monolithic Power Systems Trading Up 4.1%
MPWR stock opened at $1,007.93 on Thursday. The stock has a 50-day moving average price of $878.34 and a 200-day moving average price of $737.66. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $1,016.96. The firm has a market cap of $48.27 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 3.61 and a beta of 1.27.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted 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 return on equity of 19.14% and a net margin of 73.17%.The firm had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. During the same period last year, the company posted $3.17 EPS. The business’s quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Dividend Announcement
The firm also recently disclosed 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 annualized dividend and a dividend yield of 0.6%. Monolithic Power Systems’s dividend payout ratio (DPR) is 16.25%.
Monolithic Power Systems 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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