Empirical Finance LLC Purchases 112 Shares of Monolithic Power Systems, Inc. $MPWR

Empirical Finance LLC boosted its position in Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 8.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,391 shares of the semiconductor company’s stock after purchasing an additional 112 shares during the quarter. Empirical Finance LLC’s holdings in Monolithic Power Systems were worth $1,017,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. WPG Advisers LLC bought a new position in shares of Monolithic Power Systems in the first quarter worth $27,000. NewSquare Capital LLC grew its position in 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 buying an additional 19 shares in the last quarter. SouthState Corp purchased a new position in Monolithic Power Systems during the first quarter worth about $33,000. Strategic Investment Solutions Inc. IL bought a new position in Monolithic Power Systems in the 2nd quarter worth about $36,000. Finally, Meeder Asset Management Inc. raised its holdings in shares of Monolithic Power Systems by 146.4% in the 1st 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 in the last quarter. 93.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MPWR has been the subject of several recent analyst reports. Raymond James Financial reissued an “outperform” rating and set a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Needham & Company LLC boosted their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Rosenblatt Securities raised their price objective on shares of Monolithic Power Systems from $800.00 to $950.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Stifel Nicolaus upped their target price on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, TD Cowen increased their target price on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Friday, October 31st. 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,047.27.

Check Out Our Latest Report on MPWR

Insider Buying and Selling

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total value of $2,739,660.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Saria Tseng sold 14,510 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $914.45, for a total value of $13,268,669.50. Following the sale, the executive vice president directly owned 144,494 shares of the company’s stock, valued at approximately $132,132,538.30. This trade represents a 9.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 78,443 shares of company stock valued at $72,480,676 in the last 90 days. 3.40% of the stock is owned by insiders.

Monolithic Power Systems Stock Performance

MPWR stock opened at $857.19 on Friday. The firm has a market cap of $41.07 billion, a P/E ratio of 22.32, a P/E/G ratio of 4.08 and a beta of 1.33. The firm’s fifty day moving average is $956.21 and its 200 day moving average is $819.70. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $1,123.38.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last posted its quarterly 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. 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 the consensus estimate of $720.66 million. During the same period in the previous year, the firm posted $4.06 earnings per share. 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. As a group, analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

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

About Monolithic Power Systems

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding MPWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report).

Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

Receive News & Ratings for Monolithic Power Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monolithic Power Systems and related companies with MarketBeat.com's FREE daily email newsletter.