Midwest Trust Co acquired a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,252 shares of the semiconductor company’s stock, valued at approximately $5,304,000.
Other hedge funds have also modified their holdings of the company. WPG Advisers LLC purchased a new stake in Monolithic Power Systems during the 1st quarter worth $27,000. NewSquare Capital LLC grew its stake 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 valued at $32,000 after acquiring an additional 19 shares in the last quarter. SouthState Corp acquired a new position in shares of Monolithic Power Systems in the first quarter worth about $33,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Monolithic Power Systems in the second quarter worth about $36,000. Finally, Meeder Asset Management Inc. boosted its holdings 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 purchasing an additional 41 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Monolithic Power Systems
In related news, CFO Theodore Blegen sold 3,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $814.34, for a total value of $2,443,020.00. Following the transaction, the chief financial officer directly owned 40,939 shares in the company, valued at approximately $33,338,265.26. This trade represents a 6.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jeff Zhou sold 400 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total value of $340,000.00. Following the sale, the director owned 5,804 shares of the company’s stock, valued at approximately $4,933,400. The trade was a 6.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 44,043 shares of company stock valued at $42,209,115. Corporate insiders own 3.40% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on MPWR
Monolithic Power Systems Stock Up 0.0%
MPWR opened at $958.26 on Monday. The firm has a market capitalization of $45.91 billion, a P/E ratio of 24.95, a PEG ratio of 4.08 and a beta of 1.33. The stock has a fifty day moving average of $943.99 and a 200-day moving average of $802.64. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,123.38.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share (EPS) for the quarter, topping 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 business had revenue of $737.18 million during the quarter, compared to analyst estimates of $720.66 million. During the same period in the prior year, the firm earned $4.06 earnings per share. The firm’s revenue was up 18.9% compared to the same quarter last year. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.
Monolithic Power Systems Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued 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 0.7%. Monolithic Power Systems’s dividend payout ratio is currently 15.93%.
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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