Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Sunday, Wall Street Zen reports.
Several other research analysts also recently commented on the company. TD Cowen reduced their price objective on Monolithic Power Systems from $1,850.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, October 19th. Oppenheimer decreased their price objective on Monolithic Power Systems from $1,700.00 to $1,500.00 and set an “outperform” rating on the stock in a report on Friday. Zacks Research cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Needham & Company LLC upped their target price on shares of Monolithic Power Systems from $1,750.00 to $2,000.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Monolithic Power Systems in a report on Wednesday, August 12th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Monolithic Power Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,692.64.
Get Our Latest Stock Report on Monolithic Power Systems
Monolithic Power Systems Trading Up 2.4%
MPWR stock opened at $1,167.27 on Friday. Monolithic Power Systems has a 12-month low of $833.18 and a 12-month high of $1,714.09. The stock has a market cap of $57.36 billion, a price-to-earnings ratio of 68.27 and a beta of 1.68. The business’s 50-day moving average is $1,285.22 and its 200 day moving average is $1,305.36.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced its earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, beating analysts’ consensus estimates of $5.87 by $0.63. The business had revenue of $980.64 million during the quarter, compared to analysts’ expectations of $903.30 million. Monolithic Power Systems had a return on equity of 22.31% and a net margin of 24.41%. The business’s revenue was up 47.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.21 earnings per share. As a group, equities analysts forecast that Monolithic Power Systems will post 23.95 EPS for the current fiscal year.
Insider Activity at Monolithic Power Systems
In other news, Director Kuo Wei Chang sold 50 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $1,281.57, for a total value of $64,078.50. Following the completion of the sale, the director directly owned 515 shares in the company, valued at $660,008.55. This represents a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maurice Sciammas sold 30 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $1,343.94, for a total value of $40,318.20. Following the completion of the sale, the executive vice president directly owned 1,119 shares of the company’s stock, valued at approximately $1,503,868.86. This represents a 2.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 130 shares of company stock worth $175,397. Insiders own 3.60% of the company’s stock.
Institutional Trading of Monolithic Power Systems
Several large investors have recently added to or reduced their stakes in MPWR. Transamerica Financial Advisors LLC purchased a new position in shares of Monolithic Power Systems during the 2nd quarter worth $35,000. Danske Bank A S acquired a new position in shares of Monolithic Power Systems during the 2nd quarter valued at about $36,000. Continuum Advisory LLC acquired a new position in shares of Monolithic Power Systems during the 2nd quarter valued at about $43,000. GK Wealth Management LLC acquired a new position in shares of Monolithic Power Systems during the 3rd quarter valued at about $43,000. Finally, Sunbelt Securities Inc. grew its holdings in shares of Monolithic Power Systems by 233.3% in the first quarter. Sunbelt Securities Inc. now owns 40 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 28 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.
Key Monolithic Power Systems News
Here are the key news stories impacting Monolithic Power Systems this week:
- Positive Sentiment: Analysts expect strong third-quarter results, driven by continued artificial-intelligence data-center demand, improving revenue expectations and growth across several business segments. The outlook builds on the company’s previous quarterly performance, when revenue rose 47.6% year over year and earnings exceeded consensus estimates. Can Healthy Top-Line Growth Benefit Monolithic Power’s Q3 Earnings?
- Positive Sentiment: Wall Street Zen upgraded MPWR to “Buy,” while the stock’s consensus price target was reported at $1,735.50. These recommendations indicate that some analysts see upside from current valuation levels, although the target is not a guarantee of future performance. Monolithic Power Systems Raised to Buy at Wall Street Zen Monolithic Power Systems Has Consensus Target Price of $1,735.50
- Neutral Sentiment: Reported short interest was zero shares, implying no measurable short-squeeze pressure. The figure may reflect a data or reporting anomaly, so it provides limited insight into investor positioning.
- Negative Sentiment: Rosen Law Firm announced an investigation into possible breaches of fiduciary duties by MPWR’s directors and officers. The development could increase legal costs, reputational risk and uncertainty for shareholders. Rosen Law Firm Announces Investigation
- Negative Sentiment: Schubert Jonckheer & Kolbe said it is investigating possible wrongdoing after a 30% stock decline and court rulings allowed key claims in a securities-fraud lawsuit against Monolithic Power, its CEO and former CFO to proceed. This adds an overhang ahead of the earnings report. Schubert Jonckheer Investor Reminder
Monolithic Power Systems Company Profile
Monolithic Power Systems, Inc (NASDAQ: MPWR) is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.
The company’s portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.
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