Greenup Street Wealth Management LLC lifted its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 127.1% during the third quarter, HoldingsChannel reports. The fund owned 3,688 shares of the semiconductor company’s stock after acquiring an additional 2,064 shares during the quarter. Monolithic Power Systems comprises 0.6% of Greenup Street Wealth Management LLC’s holdings, making the stock its 28th biggest position. Greenup Street Wealth Management LLC’s holdings in Monolithic Power Systems were worth $4,969,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in Monolithic Power Systems during the second quarter worth about $7,727,289,000. State Street Corp boosted its holdings in Monolithic Power Systems by 4.3% in the 2nd quarter. State Street Corp now owns 2,282,186 shares of the semiconductor company’s stock valued at $3,159,219,000 after purchasing an additional 93,732 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Monolithic Power Systems by 42.3% in the 2nd quarter. Van ECK Associates Corp now owns 746,237 shares of the semiconductor company’s stock valued at $1,031,568,000 after purchasing an additional 221,666 shares in the last quarter. Bank of America Corp DE acquired a new position in Monolithic Power Systems during the 2nd quarter worth approximately $741,271,000. Finally, Royal Bank of Canada increased its position in Monolithic Power Systems by 168.1% during the 1st quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company’s stock worth $517,557,000 after purchasing an additional 296,788 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Monolithic Power Systems Stock Up 1.1%
Shares of NASDAQ MPWR opened at $1,211.63 on Friday. Monolithic Power Systems, Inc. has a 52 week low of $833.18 and a 52 week high of $1,714.09. The firm has a 50-day moving average price of $1,274.70 and a 200 day moving average price of $1,310.31. The stock has a market capitalization of $59.54 billion, a price-to-earnings ratio of 66.90 and a beta of 1.68.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its earnings results on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share for the quarter, topping the consensus estimate of $7.79 by $0.40. Monolithic Power Systems had a net margin of 23.85% and a return on equity of 25.29%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the business posted $4.73 earnings per share. The firm’s revenue for the quarter was up 63.1% compared to the same quarter last year. Equities research analysts expect that Monolithic Power Systems, Inc. will post 23.95 EPS for the current fiscal year.
Monolithic Power Systems Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 49.05%.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on MPWR shares. Truist Financial increased their target price on Monolithic Power Systems from $1,889.00 to $1,906.00 and gave the stock a “buy” rating in a research note on Friday. Rosenblatt Securities upgraded Monolithic Power Systems from a “neutral” rating to a “buy” rating and lifted their price target for the company from $1,575.00 to $1,700.00 in a research note on Friday. Weiss Ratings raised Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. KeyCorp upped their price objective on Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Arete Research began coverage on Monolithic Power Systems in a research report on Thursday, August 20th. They issued a “buy” rating and a $2,013.00 price objective for the company. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Monolithic Power Systems presently has an average rating of “Moderate Buy” and an average target price of $1,783.77.
Read Our Latest Research Report on MPWR
Insider Activity at Monolithic Power Systems
In related news, Director Kuo Wei Chang sold 50 shares of the firm’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 transaction, the director directly owned 515 shares of the company’s stock, valued at $660,008.55. This trade represents a 8.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Maurice Sciammas sold 30 shares of the firm’s 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 transaction, the executive vice president directly owned 1,119 shares of the company’s stock, valued at $1,503,868.86. The trade was a 2.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 130 shares of company stock worth $175,397 in the last three months. Corporate insiders own 3.60% of the company’s stock.
Key Headlines Impacting Monolithic Power Systems
Here are the key news stories impacting Monolithic Power Systems this week:
- Positive Sentiment: Strong Q3 results: Monolithic Power reported adjusted earnings of $8.19 per share and revenue of approximately $1.20 billion, exceeding consensus estimates of $7.79 per share and $1.16 billion. Revenue increased 63.1% year over year, while earnings rose 73.2%, reflecting powerful demand from enterprise data and artificial-intelligence customers. MPWR Q3 Earnings Surpass Estimates on Enterprise Data Strength
- Positive Sentiment: AI growth outlook improves: Management raised its 2026 enterprise-data growth outlook as AI-related demand accelerates. Capacity expansion and additional opportunities in communications and automotive could support continued revenue growth. The company also issued upbeat fourth-quarter guidance. MPWR Q3 Earnings Call Highlights AI Demand and Capacity Expansion
- Positive Sentiment: Analyst upgrades and targets: Rosenblatt Securities upgraded MPWR to “buy” and raised its target to $1,700 from $1,575. Truist Financial also maintained a “buy” rating and lifted its target to $1,906 from $1,889, signaling substantial expected upside based on the current quotation.
- Neutral Sentiment: Management changes: Tony Balow was appointed chief financial officer and Robert Dean chief accounting officer. The appointments may improve financial oversight, but leadership transitions can create near-term uncertainty. Monolithic Power Systems Announces CFO and CAO Appointments
- Negative Sentiment: Legal and fund-flow risks: Rosen Law Firm announced an investigation into potential fiduciary-duty breaches by MPWR directors and officers; no wrongdoing has been established. Separately, ETFs were reported as net sellers, which could add short-term selling pressure.
Monolithic Power Systems 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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