Ensign Peak Advisors Inc Lowers Holdings in Monolithic Power Systems, Inc. $MPWR

Ensign Peak Advisors Inc reduced its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 40.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 192,791 shares of the semiconductor company’s stock after selling 131,337 shares during the period. Ensign Peak Advisors Inc’s holdings in Monolithic Power Systems were worth $141,003,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of MPWR. Saturna Capital Corp boosted its position in shares of Monolithic Power Systems by 256.9% during the 2nd quarter. Saturna Capital Corp now owns 5,774 shares of the semiconductor company’s stock worth $4,223,000 after acquiring an additional 4,156 shares in the last quarter. Empirical Finance LLC lifted its holdings in shares of Monolithic Power Systems by 8.8% in the 2nd quarter. Empirical Finance LLC now owns 1,391 shares of the semiconductor company’s stock valued at $1,017,000 after buying an additional 112 shares during the period. TD Waterhouse Canada Inc. raised its position in Monolithic Power Systems by 21.5% in the second quarter. TD Waterhouse Canada Inc. now owns 164 shares of the semiconductor company’s stock worth $122,000 after acquiring an additional 29 shares in the last quarter. Greenland Capital Management LP lifted its holdings in Monolithic Power Systems by 1,803.4% in the second quarter. Greenland Capital Management LP now owns 9,517 shares of the semiconductor company’s stock valued at $6,961,000 after acquiring an additional 9,017 shares during the period. Finally, Portside Wealth Group LLC boosted its holdings in Monolithic Power Systems by 8.8% during the second quarter. Portside Wealth Group LLC now owns 1,019 shares of the semiconductor company’s stock worth $745,000 after buying an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, EVP Saria Tseng sold 1,300 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 126,354 shares of the company’s stock, valued at approximately $137,425,137.48. The trade was a 1.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $1,024.43, for a total value of $3,073,290.00. Following the transaction, the chief financial officer directly owned 74,332 shares in the company, valued at $76,147,930.76. This trade represents a 3.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 43,443 shares of company stock valued at $41,703,115. Corporate insiders own 3.40% of the company’s stock.

Analyst Upgrades and Downgrades

MPWR has been the subject of a number of recent research reports. Stifel Nicolaus raised their price objective on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. TD Cowen raised their price target on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a report on Friday, October 31st. Raymond James Financial reaffirmed an “outperform” rating and issued a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Citigroup upped their price target on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Finally, Loop Capital increased their target price on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. One investment 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. According to data from MarketBeat, Monolithic Power Systems presently has an average rating of “Moderate Buy” and a consensus target price of $1,047.27.

Monolithic Power Systems Price Performance

Shares of NASDAQ MPWR opened at $884.65 on Thursday. The business’s 50-day moving average price is $955.87 and its two-hundred day moving average price is $819.44. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,123.38. The company has a market capitalization of $42.38 billion, a P/E ratio of 23.04, a price-to-earnings-growth ratio of 4.08 and a beta of 1.33.

Monolithic Power Systems (NASDAQ:MPWR) last posted its earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share for the quarter, topping the consensus estimate of $4.62 by $0.11. The firm had revenue of $737.18 million during the quarter, compared to analyst estimates of $720.66 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The company’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same period in the previous year, the company earned $4.06 EPS. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, equities analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems’s payout ratio is 15.93%.

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.