Monolithic Power Systems, Inc. $MPWR Holdings Lowered by DAVENPORT & Co LLC

DAVENPORT & Co LLC lowered its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 2.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 638 shares of the semiconductor company’s stock after selling 15 shares during the period. DAVENPORT & Co LLC’s holdings in Monolithic Power Systems were worth $467,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MPWR. Brighton Jones LLC raised its holdings in shares of Monolithic Power Systems by 46.0% in the 4th quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock worth $376,000 after purchasing an additional 200 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Monolithic Power Systems by 32.0% in the 1st quarter. GAMMA Investing LLC now owns 1,342 shares of the semiconductor company’s stock worth $778,000 after purchasing an additional 325 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Monolithic Power Systems by 10.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 964 shares of the semiconductor company’s stock worth $559,000 after purchasing an additional 93 shares in the last quarter. CX Institutional bought a new stake in shares of Monolithic Power Systems in the 1st quarter worth approximately $152,000. Finally, Simon Quick Advisors LLC bought a new stake in shares of Monolithic Power Systems in the 1st quarter worth approximately $310,000. 93.46% of the stock is currently owned by institutional investors.

Monolithic Power Systems Price Performance

Monolithic Power Systems stock opened at $904.44 on Monday. The firm’s 50 day simple moving average is $867.96 and its 200-day simple moving average is $731.35. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $990.25. The company has a market cap of $43.31 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 3.37 and a beta of 1.27.

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

Monolithic Power Systems Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently commented on MPWR shares. Loop Capital boosted their target price on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. KeyCorp boosted their target price on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Tuesday, September 30th. Stifel Nicolaus lifted their target price on shares of 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 reissued an “outperform” rating and issued a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Finally, William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and an average price target of $880.50.

Insider Activity

In related news, CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction that occurred 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 directly owned 37,940 shares of the company’s stock, valued at approximately $34,647,566.80. The trade was a 7.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Deming Xiao sold 39,999 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the transaction, the executive vice president directly owned 121,605 shares in the company, valued at $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,702 shares of company stock valued at $53,834,480 in the last three months. 3.40% of the stock is currently owned by insiders.

About Monolithic Power Systems

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.