456 Monolithic Power Systems, Inc. $MPWR Shares Sold by XML Financial LLC
by Danessa Lincoln · The Markets DailyXML Financial LLC lessened its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 41.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 645 shares of the semiconductor company’s stock after selling 456 shares during the period. XML Financial LLC’s holdings in Monolithic Power Systems were worth $869,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new position in Monolithic Power Systems in the second quarter valued at approximately $7,727,289,000. State Street Corp increased its position in shares of Monolithic Power Systems by 4.3% during the 2nd quarter. State Street Corp now owns 2,282,186 shares of the semiconductor company’s stock worth $3,159,219,000 after purchasing an additional 93,732 shares during the last quarter. Van ECK Associates Corp increased its position in shares of Monolithic Power Systems by 42.3% during the 2nd quarter. Van ECK Associates Corp now owns 746,237 shares of the semiconductor company’s stock worth $1,031,568,000 after purchasing an additional 221,666 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Monolithic Power Systems during the 2nd quarter worth approximately $741,271,000. Finally, Royal Bank of Canada raised its stake in shares of Monolithic Power Systems by 168.1% during the 1st quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company’s stock worth $517,557,000 after purchasing an additional 296,788 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.
Insider Buying and Selling at Monolithic Power Systems
In related news, Director Kuo Wei Chang sold 50 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $1,281.57, for a total value of $64,078.50. Following the sale, the director owned 515 shares in the company, valued at approximately $660,008.55. This represents a 8.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.60% of the company’s stock.
Analysts Set New Price Targets
MPWR has been the subject of several recent analyst reports. TD Cowen reissued a “buy” rating on shares of Monolithic Power Systems in a report on Friday. Oppenheimer decreased their target price on shares of Monolithic Power Systems from $1,700.00 to $1,500.00 and set an “outperform” rating for the company in a research note on Friday, October 23rd. Arete Research assumed coverage on shares of Monolithic Power Systems in a report on Thursday, August 20th. They set a “buy” rating and a $2,013.00 target price on the stock. KeyCorp upped their price target on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research report on Friday. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,783.77.
Check Out Our Latest Research Report on Monolithic Power Systems
Key Stories Impacting Monolithic Power Systems
Here are the key news stories impacting Monolithic Power Systems this week:
- Positive Sentiment: MPWR’s third-quarter earnings and revenue beat estimates, with results supported by demand for AI infrastructure and communications products. The company also raised growth expectations and is expanding capacity. MPWR Q3 Earnings Beat on AI Infrastructure and Communications Demand
- Positive Sentiment: AI-related momentum is also reflected in the company’s Enterprise Data business, with sales reportedly surging 164.6% and demand for power modules increasing. Rising earnings estimates and capacity investment add to the growth case. MPWR’s AI Power Boom Accelerates as Enterprise Data Sales Surge 164.6%
- Positive Sentiment: Monolithic Power ranked seventh on a list of large-cap technology stocks backed by billionaire investors, which may reinforce investor interest, though the ranking itself is not a company-specific catalyst. 25 Billionaire Investors Back This Large Cap Tech Stock: Is It a Buy?
- Negative Sentiment: Rosen Law Firm announced an investigation into potential fiduciary-duty breaches by company directors and officers. The announcement does not establish wrongdoing, but it could create a near-term headline overhang. Rosen Law Firm Announces Investigation
- Negative Sentiment: Valuation remains a risk: MPWR recently fell despite strong AI demand and rising estimates, and its premium multiple and operating risks may limit upside. Growing reliance on data-center demand also increases exposure to that market’s cycles. MPWR Fell 15.9% in the Past Month. Is the Weakness a Buying Chance?
Monolithic Power Systems Stock Performance
Monolithic Power Systems stock opened at $1,328.30 on Wednesday. Monolithic Power Systems, Inc. has a 52 week low of $833.18 and a 52 week high of $1,714.09. The stock has a market capitalization of $65.27 billion, a P/E ratio of 73.35 and a beta of 1.71. The stock has a 50-day simple moving average of $1,274.12 and a 200 day simple moving average of $1,313.34.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share for the quarter, topping analysts’ consensus estimates of $7.79 by $0.40. Monolithic Power Systems had a return on equity of 25.23% and a net margin of 23.85%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the business earned $4.73 earnings per share. The business’s revenue was up 63.1% compared to the same quarter last year. Research analysts forecast that Monolithic Power Systems, Inc. will post 24.23 earnings per share for the current year.
Monolithic Power Systems Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $2.00 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.6%. Monolithic Power Systems’s payout ratio is presently 44.17%.
About Monolithic Power Systems
Monolithic Power Systems, Inc (NASDAQ: MPWR) is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.
The company’s portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.
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