Representative Michael Guest (R-Mississippi) recently bought shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR). In a filing disclosed on November 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Monolithic Power Systems stock on October 20th. The trade occurred in the Representative’s “TR – D1” account.
Monolithic Power Systems Trading Up 2.4%
MPWR stock traded up $20.62 during midday trading on Monday, reaching $892.97. The company had a trading volume of 1,113,017 shares, compared to its average volume of 743,638. The company has a 50 day moving average of $956.97 and a two-hundred day moving average of $824.09. The company has a market capitalization of $42.78 billion, a P/E ratio of 23.25, a PEG ratio of 4.08 and a beta of 1.33. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year 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 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 for the quarter, compared to the consensus estimate of $720.66 million. During the same period in the prior year, the business posted $4.06 earnings per share. Monolithic Power Systems’s revenue for the quarter was up 18.9% compared to the same quarter last year. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Announces Dividend
Analyst Upgrades and Downgrades
MPWR has been the subject of several research reports. Cowen reissued a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, October 31st. TD Cowen boosted their target price on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Raymond James Financial restated an “outperform” rating and set a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. Citigroup lifted their price objective on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, Needham & Company LLC upped their price objective on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,047.27.
Check Out Our Latest Stock Report on MPWR
Insiders Place Their Bets
In other news, EVP Saria Tseng sold 14,510 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $914.45, for a total transaction of $13,268,669.50. Following the completion of the transaction, the executive vice president directly owned 144,494 shares in the company, valued at $132,132,538.30. The trade was a 9.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the transaction, the chief financial officer directly owned 37,940 shares in the company, valued at $34,647,566.80. This trade represents a 7.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 78,543 shares of company stock valued at $72,568,073. Corporate insiders own 3.40% of the company’s stock.
Institutional Trading of Monolithic Power Systems
A number of institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in Monolithic Power Systems during the 2nd quarter worth $438,014,000. Price T Rowe Associates Inc. MD increased its stake in shares of Monolithic Power Systems by 33.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock worth $1,180,104,000 after purchasing an additional 506,430 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Monolithic Power Systems by 36.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company’s stock worth $626,592,000 after purchasing an additional 227,159 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in Monolithic Power Systems during the 3rd quarter valued at approximately $197,260,000. Finally, Nuveen LLC acquired a new stake in Monolithic Power Systems in the 1st quarter valued at approximately $105,751,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.
About Representative Guest
Michael Guest (Republican Party) is a member of the U.S. House, representing Mississippi’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.
Guest (Republican Party) ran for re-election to the U.S. House to represent Mississippi’s 3rd Congressional District. He won in the general election on November 5, 2024.
Guest received his bachelor’s degree from Mississippi State University in 1992. He received his J.D. from the University of Mississippi in 1995. He served as an assistant district attorney for Madison and Rankin counties in Mississippi from 1995 to 2007. He was elected district attorney of these counties in 2007. In 2018, Guest defeated Michael Evans (D) to replace outgoing incumbent Gregg Harper (R).
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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