Assetmark Inc. Raises Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Assetmark Inc. boosted its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 4.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 20,581 shares of the semiconductor company’s stock after acquiring an additional 969 shares during the period. Assetmark Inc.’s holdings in Monolithic Power Systems were worth $15,053,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Keybank National Association OH increased its position in shares of Monolithic Power Systems by 7.4% during the 2nd quarter. Keybank National Association OH now owns 1,845 shares of the semiconductor company’s stock valued at $1,349,000 after purchasing an additional 127 shares during the last quarter. Emerald Advisers LLC increased its position in shares of Monolithic Power Systems by 1.8% during the 2nd quarter. Emerald Advisers LLC now owns 1,526 shares of the semiconductor company’s stock valued at $1,116,000 after purchasing an additional 27 shares during the last quarter. World Investment Advisors increased its position in shares of Monolithic Power Systems by 0.7% during the 2nd quarter. World Investment Advisors now owns 4,056 shares of the semiconductor company’s stock valued at $2,966,000 after purchasing an additional 28 shares during the last quarter. Whalen Wealth Management Inc. increased its position in shares of Monolithic Power Systems by 155.4% during the 2nd quarter. Whalen Wealth Management Inc. now owns 2,010 shares of the semiconductor company’s stock valued at $1,470,000 after purchasing an additional 1,223 shares during the last quarter. Finally, Jennison Associates LLC increased its position in shares of Monolithic Power Systems by 21.7% during the 2nd quarter. Jennison Associates LLC now owns 50,684 shares of the semiconductor company’s stock valued at $37,069,000 after purchasing an additional 9,045 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insiders Place Their Bets

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $814.34, for a total value of $2,443,020.00. Following the completion of the transaction, the chief financial officer directly owned 40,939 shares in the company, valued at $33,338,265.26. This represents a 6.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Saria Tseng sold 14,510 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $914.45, for a total value of $13,268,669.50. Following the completion of the transaction, the executive vice president owned 144,494 shares of the company’s stock, valued at $132,132,538.30. The trade was a 9.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 40,843 shares of company stock valued at $38,938,463. 3.40% of the stock is owned by company insiders.

Monolithic Power Systems Trading Down 7.6%

Monolithic Power Systems stock opened at $1,005.00 on Friday. The firm has a 50 day moving average of $931.40 and a 200 day moving average of $783.13. The firm has a market capitalization of $48.13 billion, a price-to-earnings ratio of 26.17, a P/E/G ratio of 4.08 and a beta of 1.27. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,123.38.

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

Monolithic Power Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $1.56 dividend. This represents a $6.24 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio is presently 16.25%.

Wall Street Analyst Weigh In

MPWR has been the subject of several research reports. KeyCorp upped their price target on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Friday. Oppenheimer reaffirmed an “outperform” rating and set a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Cowen reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research report on Friday. Rosenblatt Securities increased their target price on shares of Monolithic Power Systems from $800.00 to $950.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Wells Fargo & Company increased their target price on shares of Monolithic Power Systems from $750.00 to $970.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,033.64.

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.