Whalen Wealth Management Inc. lifted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 155.4% during the 2nd quarter, Holdings Channel reports. The firm owned 2,010 shares of the semiconductor company’s stock after purchasing an additional 1,223 shares during the period. Monolithic Power Systems makes up 0.9% of Whalen Wealth Management Inc.’s holdings, making the stock its 22nd largest holding. Whalen Wealth Management Inc.’s holdings in Monolithic Power Systems were worth $1,470,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of Monolithic Power Systems during the first quarter worth approximately $27,000. SouthState Corp bought a new position in shares of Monolithic Power Systems during the first quarter worth approximately $33,000. Strategic Investment Solutions Inc. IL bought a new position in Monolithic Power Systems in the second quarter valued at approximately $36,000. Meeder Asset Management Inc. increased its stake in Monolithic Power Systems by 146.4% in the first quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 41 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its stake in Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 49 shares during the last quarter. 93.46% of the stock is owned by institutional investors.
Analysts Set New Price Targets
MPWR has been the topic of a number of recent analyst reports. Citigroup lifted their price objective on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Wells Fargo & Company lifted their price objective on shares of Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Oppenheimer reissued an “outperform” rating and issued a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. KeyCorp lifted their price objective on shares of Monolithic Power Systems from $1,050.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Finally, Loop Capital lifted their price objective on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Monolithic Power Systems currently has an average rating of “Moderate Buy” and a consensus target price of $963.18.
Monolithic Power Systems Price Performance
Shares of Monolithic Power Systems stock opened at $1,086.36 on Wednesday. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $1,112.06. The firm has a market capitalization of $52.03 billion, a P/E ratio of 28.29, a P/E/G ratio of 4.12 and a beta of 1.27. The company’s 50 day moving average price is $917.49 and its two-hundred day moving average price is $773.82.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. During the same quarter last year, the business posted $3.17 earnings per share. The company’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 expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a $1.56 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a yield of 0.6%. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 16.25%.
Insider Activity at Monolithic Power Systems
In other Monolithic Power Systems 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 owned 37,940 shares in the company, valued at $34,647,566.80. This trade represents a 7.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Saria Tseng sold 1,300 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $1,087.62, for a total transaction of $1,413,906.00. Following the completion of the sale, the executive vice president owned 126,354 shares in the company, valued at $137,425,137.48. This represents a 1.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 83,842 shares of company stock worth $72,387,683. Corporate insiders own 3.40% of the company’s stock.
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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