Skandinaviska Enskilda Banken AB publ Sells 9,564 Shares of Monolithic Power Systems, Inc. $MPWR

by · The Cerbat Gem

Skandinaviska Enskilda Banken AB publ reduced its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 34.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,494 shares of the semiconductor company’s stock after selling 9,564 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Monolithic Power Systems were worth $13,530,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. BLB&B Advisors LLC boosted 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 worth $6,732,000 after buying an additional 768 shares in the last quarter. Banco Santander S.A. bought a new stake in shares of Monolithic Power Systems in the 1st quarter worth approximately $818,000. Level Four Advisory Services LLC boosted its stake in shares of Monolithic Power Systems by 9.7% in the 1st quarter. Level Four Advisory Services LLC now owns 9,332 shares of the semiconductor company’s stock valued at $5,413,000 after purchasing an additional 823 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Monolithic Power Systems by 26.3% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 99,173 shares of the semiconductor company’s stock valued at $57,518,000 after purchasing an additional 20,625 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Monolithic Power Systems by 6.4% during the 1st quarter. Deutsche Bank AG now owns 169,196 shares of the semiconductor company’s stock valued at $98,130,000 after purchasing an additional 10,158 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Monolithic Power Systems news, EVP Saria Tseng sold 20,000 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $926.47, for a total value of $18,529,400.00. Following the completion of the transaction, the executive vice president directly owned 187,331 shares in the company, valued at approximately $173,556,551.57. This represents a 9.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maurice Sciammas sold 3,976 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $895.23, for a total transaction of $3,559,434.48. Following the completion of the sale, the executive vice president directly owned 144,330 shares of the company’s stock, valued at approximately $129,208,545.90. This represents a 2.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 102,426 shares of company stock worth $94,578,694. Insiders own 3.40% of the company’s stock.

Monolithic Power Systems Trading Up 0.2%

Monolithic Power Systems stock opened at $926.60 on Friday. The firm has a market cap of $44.39 billion, a P/E ratio of 24.13, a P/E/G ratio of 4.08 and a beta of 1.33. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $1,123.38. The firm has a 50-day moving average of $960.16 and a 200-day moving average of $831.29.

Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last released its quarterly 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. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $737.18 million during the quarter, compared to analyst estimates of $720.66 million. During the same quarter in the prior year, the company posted $4.06 EPS. Monolithic Power Systems’s quarterly revenue was up 18.9% compared to the same quarter last year. Monolithic Power Systems has set its Q4 2025 guidance at EPS. Research analysts forecast 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. Investors of record on Tuesday, September 30th were issued a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio is currently 15.93%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MPWR. Cowen reissued a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, October 31st. Citigroup lifted their price objective on Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Stifel Nicolaus increased their target price on Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, October 17th. Wells Fargo & Company raised their price target on Monolithic Power Systems from $750.00 to $970.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Finally, Wolfe Research set a $1,200.00 price objective on 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 issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,047.27.

Read Our Latest Stock Report on MPWR

Monolithic Power Systems 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.

Further Reading

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