Insider Selling: Monolithic Power Systems (NASDAQ:MPWR) CFO Sells $3,073,290.00 in Stock

Monolithic Power Systems, Inc. (NASDAQ:MPWR) CFO Theodore Blegen sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $1,024.43, for a total value of $3,073,290.00. Following the completion of the sale, the chief financial officer directly owned 74,332 shares of the company’s stock, valued at $76,147,930.76. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Theodore Blegen also recently made the following trade(s):

• On Wednesday, October 1st, Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock. The shares were sold at an average price of $913.22, for a total value of $2,739,660.00.
• On Tuesday, September 2nd, Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock. The stock was sold at an average price of $814.34, for a total value of $2,443,020.00.

Monolithic Power Systems Stock Down 4.2%

NASDAQ MPWR opened at $958.07 on Friday. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $1,123.38. The firm has a market capitalization of $45.88 billion, a price-to-earnings ratio of 24.95, a PEG ratio of 4.08 and a beta of 1.33. The company has a fifty day moving average of $941.54 and a two-hundred day moving average of $795.65.

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. The firm had revenue of $737.18 million during the quarter, compared to analyst estimates of $720.66 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business’s revenue was up 18.9% on a year-over-year basis. During the same quarter last year, the business earned $4.06 EPS. Monolithic Power Systems has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid 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 dividend yield of 0.7%. Monolithic Power Systems’s dividend payout ratio is currently 15.93%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MPWR shares. 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 note on Monday, September 29th. Cowen reiterated a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, October 31st. Wolfe Research set a $1,200.00 target price on shares of Monolithic Power Systems and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research note on Wednesday, October 8th. Finally, KeyCorp lifted their price objective on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company an “overweight” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,047.27.

Hedge Funds Weigh In On Monolithic Power Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. OneDigital Investment Advisors LLC acquired a new stake in shares of Monolithic Power Systems in the 1st quarter valued at about $204,000. BLB&B Advisors LLC lifted its stake in Monolithic Power Systems by 9.1% in the second quarter. BLB&B Advisors LLC now owns 9,205 shares of the semiconductor company’s stock valued at $6,732,000 after buying an additional 768 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in Monolithic Power Systems by 52.6% in the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company’s stock valued at $379,000 after buying an additional 225 shares during the last quarter. Banco Santander S.A. acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at approximately $818,000. Finally, Level Four Advisory Services LLC grew its position in shares of Monolithic Power Systems by 9.7% during the first quarter. Level Four Advisory Services LLC now owns 9,332 shares of the semiconductor company’s stock worth $5,413,000 after acquiring an additional 823 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

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.