Monolithic Power Systems (NASDAQ:MPWR) Reaches New 12-Month High – Here’s What Happened

Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) hit a new 52-week high on Friday . The stock traded as high as $954.81 and last traded at $943.75, with a volume of 89037 shares. The stock had previously closed at $930.51.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MPWR shares. Citigroup increased their price objective on Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a “buy” rating in a report on Friday. Stifel Nicolaus boosted their price target on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Oppenheimer restated an “outperform” rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. Finally, Wells Fargo & Company boosted their target price on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $880.50.

Monolithic Power Systems Stock Down 1.3%

The stock has a market cap of $44.00 billion, a P/E ratio of 23.93, a P/E/G ratio of 3.42 and a beta of 1.27. The firm has a 50 day moving average price of $846.21 and a 200 day moving average price of $718.53.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.09. The company had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The firm’s revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the company posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $1.56 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems’s dividend payout ratio is 16.25%.

Insider Activity

In related news, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the transaction, the chief financial officer owned 37,940 shares in the company, valued at approximately $34,647,566.80. The trade was a 7.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Carintia Martinez sold 1,400 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the completion of the transaction, the director directly owned 878 shares of the company’s stock, valued at $790,200. This represents a 61.46% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 65,702 shares of company stock worth $53,834,480. 3.40% of the stock is currently owned by insiders.

Institutional Trading of Monolithic Power Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Monolithic Power Systems during the second quarter valued at approximately $438,014,000. Price T Rowe Associates Inc. MD boosted its position in shares of Monolithic Power Systems by 33.1% during 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 acquiring an additional 506,430 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Monolithic Power Systems by 36.1% during the second quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company’s stock valued at $626,592,000 after acquiring an additional 227,159 shares in the last quarter. Nuveen LLC bought a new stake in Monolithic Power Systems in the 1st quarter valued at $105,751,000. Finally, Rafferty Asset Management LLC increased its holdings in Monolithic Power Systems by 36.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 529,124 shares of the semiconductor company’s stock valued at $386,991,000 after acquiring an additional 140,269 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

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.