Police & Firemen s Retirement System of New Jersey Acquires 212 Shares of Monolithic Power Systems, Inc. $MPWR

Police & Firemen s Retirement System of New Jersey raised its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 3.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,024 shares of the semiconductor company’s stock after buying an additional 212 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Monolithic Power Systems were worth $5,137,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of Monolithic Power Systems by 46.0% during the fourth 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. Alps Advisors Inc. increased its holdings in shares of Monolithic Power Systems by 40.4% in the 1st quarter. Alps Advisors Inc. now owns 556 shares of the semiconductor company’s stock worth $322,000 after buying an additional 160 shares during the last quarter. Cerity Partners LLC raised its position in shares of Monolithic Power Systems by 29.6% during the 1st quarter. Cerity Partners LLC now owns 4,743 shares of the semiconductor company’s stock valued at $2,751,000 after buying an additional 1,083 shares in the last quarter. CWM LLC raised its position in shares of Monolithic Power Systems by 79.0% during the 1st quarter. CWM LLC now owns 2,434 shares of the semiconductor company’s stock valued at $1,412,000 after buying an additional 1,074 shares in the last quarter. Finally, Signaturefd LLC grew its position in Monolithic Power Systems by 18.2% in the first quarter. Signaturefd LLC now owns 669 shares of the semiconductor company’s stock worth $388,000 after acquiring an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Activity

In related news, Director Jeff Zhou sold 193 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total transaction of $167,910.00. Following the completion of the transaction, the director owned 5,611 shares in the company, valued at $4,881,570. This represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction 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 completion of the sale, the chief financial officer owned 37,940 shares in the company, valued at approximately $34,647,566.80. This trade represents a 7.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 43,443 shares of company stock valued at $41,703,115. 3.40% of the stock is owned by insiders.

Monolithic Power Systems Stock Down 0.4%

Shares of Monolithic Power Systems stock opened at $920.19 on Friday. The company’s fifty day simple moving average is $954.65 and its two-hundred day simple moving average is $812.22. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,123.38. The firm has a market cap of $44.08 billion, a PE ratio of 23.96, a price-to-earnings-growth ratio of 4.08 and a beta of 1.33.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last issued its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, beating the consensus estimate of $4.62 by $0.11. The firm had revenue of $737.18 million during 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 quarterly revenue was up 18.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.06 earnings per share. Monolithic Power Systems has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal 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 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems’s payout ratio is 15.93%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. TD Cowen lifted their price target on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Cowen reiterated a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, October 31st. Wells Fargo & Company boosted their price objective 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. Rosenblatt Securities increased their target price on shares of Monolithic Power Systems from $800.00 to $950.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, Wolfe Research set a $1,200.00 price target on shares of Monolithic Power Systems and gave the company an “outperform” rating in a research report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,047.27.

View Our Latest Analysis on Monolithic Power Systems

Monolithic Power Systems Company Profile

(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.

See Also

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

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