Monolithic Power Systems, Inc. (NASDAQ:MPWR) Receives $1,047.27 Consensus PT from Brokerages

by · The Cerbat Gem

Monolithic Power Systems, Inc. (NASDAQ:MPWR – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen research firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $1,047.2727.

MPWR has been the subject of a number of analyst reports. Needham & Company LLC upped their target price on Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a report on Monday, September 29th. KeyCorp upped their price objective on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. William Blair upgraded shares of Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. Rosenblatt Securities raised their target price on shares of Monolithic Power Systems from $800.00 to $950.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Wednesday, October 8th.

Check Out Our Latest Stock Analysis on MPWR

Insider Activity at Monolithic Power Systems

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the company’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 transaction of $3,073,290.00. Following the transaction, the chief financial officer owned 74,332 shares in the company, valued at approximately $76,147,930.76. This represents a 3.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Saria Tseng sold 20,000 shares of Monolithic Power Systems stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $926.47, for a total transaction of $18,529,400.00. Following the sale, the executive vice president owned 187,331 shares of the company’s stock, valued at $173,556,551.57. The trade was a 9.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 99,426 shares of company stock worth $92,135,674 in the last quarter. 3.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Monolithic Power Systems

A number of large investors have recently bought and sold shares of MPWR. Vanguard Group Inc. lifted its stake in Monolithic Power Systems by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 6,074,033 shares of the semiconductor company’s stock valued at $5,591,998,000 after acquiring an additional 134,087 shares during the period. State Street Corp grew its stake in shares of Monolithic Power Systems by 0.7% during the 3rd quarter. State Street Corp now owns 2,134,704 shares of the semiconductor company’s stock worth $1,968,578,000 after purchasing an additional 14,670 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Monolithic Power Systems by 33.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock worth $1,180,104,000 after purchasing an additional 506,430 shares during the period. Invesco Ltd. increased its holdings in shares of Monolithic Power Systems by 7.5% during the 1st quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock valued at $724,589,000 after purchasing an additional 86,853 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Monolithic Power Systems by 0.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 863,228 shares of the semiconductor company’s stock valued at $794,723,000 after purchasing an additional 6,503 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Monolithic Power Systems Trading Up 0.0%

Shares of Monolithic Power Systems stock opened at $928.35 on Friday. The stock’s fifty day moving average price is $960.28 and its 200-day moving average price is $833.51. The firm has a market cap of $44.47 billion, a P/E ratio of 24.18, a P/E/G ratio of 4.08 and a beta of 1.33. Monolithic Power Systems has a 12 month low of $438.86 and a 12 month high of $1,123.38.

Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued 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 company had revenue of $737.18 million for the quarter, compared to analysts’ expectations of $720.66 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm’s quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the business earned $4.06 EPS. Monolithic Power Systems has set its Q4 2025 guidance at EPS. Analysts forecast that Monolithic Power Systems will post 13.2 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a $1.56 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio (DPR) is 15.93%.

About Monolithic Power Systems

(Get 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.

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