Pier 88 Investment Partners LLC Makes New $739,000 Investment in Monolithic Power Systems, Inc. $MPWR

Pier 88 Investment Partners LLC acquired a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,010 shares of the semiconductor company’s stock, valued at approximately $739,000.

A number of other institutional investors have also recently bought and sold shares of the business. Wedmont Private Capital grew its position in shares of Monolithic Power Systems by 1.3% during the 2nd quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company’s stock worth $802,000 after purchasing an additional 14 shares in the last quarter. Gilbert & Cook Inc. boosted its stake in shares of Monolithic Power Systems by 2.3% in the second quarter. Gilbert & Cook Inc. now owns 655 shares of the semiconductor company’s stock valued at $479,000 after buying an additional 15 shares during the period. Confluence Wealth Services Inc. boosted its stake in shares of Monolithic Power Systems by 0.9% in the second quarter. Confluence Wealth Services Inc. now owns 2,067 shares of the semiconductor company’s stock valued at $1,511,000 after buying an additional 19 shares during the period. NewSquare Capital LLC grew its position in Monolithic Power Systems by 76.0% during the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company’s stock worth $32,000 after buying an additional 19 shares in the last quarter. Finally, Burney Co. increased its stake in Monolithic Power Systems by 2.2% during the 1st quarter. Burney Co. now owns 946 shares of the semiconductor company’s stock worth $549,000 after acquiring an additional 20 shares during the period. Institutional investors own 93.46% of the company’s stock.

Monolithic Power Systems Stock Performance

Monolithic Power Systems stock opened at $958.26 on Friday. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $1,123.38. The stock has a market capitalization of $45.89 billion, a P/E ratio of 24.95, a price-to-earnings-growth ratio of 4.08 and a beta of 1.33. The stock has a fifty day moving average of $943.99 and a 200-day moving average of $800.79.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share for the quarter, beating the consensus estimate of $4.62 by $0.11. The business had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.Monolithic Power Systems’s revenue was up 18.9% compared to the same quarter last year. During the same period last year, the firm posted $4.06 earnings per share. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $1.56 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems’s payout ratio is 15.93%.

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $1,024.43, for a total transaction of $3,073,290.00. Following the sale, the chief financial officer owned 74,332 shares of the company’s stock, valued at approximately $76,147,930.76. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 transaction, the director owned 878 shares of the company’s stock, valued at $790,200. This trade represents a 61.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 44,043 shares of company stock worth $42,209,115 in the last ninety days. Insiders own 3.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on MPWR shares. Loop Capital upped their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Needham & Company LLC raised their price target on Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Oppenheimer reaffirmed 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. Raymond James Financial reiterated an “outperform” rating and set a $875.00 price objective (up from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. Finally, Wolfe Research set a $1,200.00 target price on shares of Monolithic Power Systems and gave the company an “outperform” rating in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,047.27.

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.