Hills Bank & Trust Co Grows Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Hills Bank & Trust Co grew its position in Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 27.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 564 shares of the semiconductor company’s stock after acquiring an additional 123 shares during the quarter. Hills Bank & Trust Co’s holdings in Monolithic Power Systems were worth $412,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wedmont Private Capital raised its stake in shares of Monolithic Power Systems by 1.3% in the second quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company’s stock valued at $802,000 after acquiring an additional 14 shares during the period. Confluence Wealth Services Inc. raised 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 acquiring an additional 19 shares during the period. Beverly Hills Private Wealth LLC raised its stake in shares of Monolithic Power Systems by 3.2% in the first quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company’s stock valued at $370,000 after acquiring an additional 20 shares during the period. Cromwell Holdings LLC raised its stake in shares of Monolithic Power Systems by 18.7% in the first quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 20 shares during the period. Finally, Burney Co. raised its stake in shares of Monolithic Power Systems by 2.2% in the first quarter. Burney Co. now owns 946 shares of the semiconductor company’s stock valued at $549,000 after acquiring an additional 20 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $814.34, for a total transaction of $2,443,020.00. Following the transaction, the chief financial officer owned 40,939 shares of the company’s stock, valued at approximately $33,338,265.26. This trade represents a 6.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jeff Zhou sold 400 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the transaction, the director directly owned 5,804 shares in the company, valued at $4,933,400. This trade represents a 6.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 40,843 shares of company stock worth $38,938,463. Company insiders own 3.40% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on MPWR shares. TD Cowen increased their target price on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Friday. Needham & Company LLC raised their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Cowen reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research note on Friday. Citigroup raised their price target on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Finally, 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. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,033.64.

Get Our Latest Stock Report on Monolithic Power Systems

Monolithic Power Systems Price Performance

MPWR stock opened at $1,005.00 on Friday. The company has a market capitalization of $48.13 billion, a PE ratio of 26.17, a P/E/G ratio of 4.08 and a beta of 1.27. The firm’s 50-day moving average is $931.40 and its 200 day moving average is $784.80. 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:MPWRGet Free Report) last posted its earnings results on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, beating analysts’ consensus estimates of $4.62 by $0.11. The business had revenue of $737.18 million for the quarter, compared to the consensus estimate of $720.66 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter last year, the firm posted $4.06 EPS. Monolithic Power Systems has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $1.56 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a yield of 0.6%. Monolithic Power Systems’s dividend payout ratio (DPR) is 16.25%.

About Monolithic Power Systems

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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