HighTower Advisors LLC Decreases Stock Holdings in Monolithic Power Systems, Inc. $MPWR

HighTower Advisors LLC lowered its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 33.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,136 shares of the semiconductor company’s stock after selling 2,070 shares during the quarter. HighTower Advisors LLC’s holdings in Monolithic Power Systems were worth $2,399,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fourth Dimension Wealth LLC acquired a new position in Monolithic Power Systems in the 4th quarter worth approximately $29,000. SouthState Corp acquired a new position in Monolithic Power Systems in the 1st quarter worth approximately $33,000. Itau Unibanco Holding S.A. increased its holdings in Monolithic Power Systems by 637.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company’s stock worth $35,000 after buying an additional 51 shares during the period. Meeder Asset Management Inc. increased its holdings in Monolithic Power Systems by 146.4% in the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company’s stock worth $40,000 after buying an additional 41 shares during the period. Finally, Global Financial Private Client LLC increased its holdings in Monolithic Power Systems by 265.0% in the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company’s stock worth $42,000 after buying an additional 53 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Monolithic Power Systems Stock Up 2.8%

Shares of NASDAQ:MPWR opened at $844.00 on Friday. The stock’s fifty day simple moving average is $756.82 and its 200-day simple moving average is $669.90. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $959.64. The company has a market capitalization of $40.42 billion, a P/E ratio of 21.98, a P/E/G ratio of 3.06 and a beta of 1.18.

Monolithic Power Systems (NASDAQ:MPWR) last released its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.09. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The firm had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. During the same period in the prior year, the business posted $3.17 earnings per share. The firm’s revenue for the quarter was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a dividend of $1.56 per share. The ex-dividend date was Monday, June 30th. This represents a $6.24 annualized dividend and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio is currently 16.25%.

Insider Activity

In other news, Director Jeff Zhou sold 400 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total value of $340,000.00. Following the completion of the sale, the director owned 5,804 shares in the company, valued at approximately $4,933,400. This trade represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $750.00, for a total value of $2,250,000.00. Following the completion of the sale, the chief financial officer owned 43,939 shares of the company’s stock, valued at approximately $32,954,250. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,599 shares of company stock worth $38,455,220. 3.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MPWR. KeyCorp raised their price objective on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Loop Capital raised their price objective on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. William Blair upgraded Monolithic Power Systems to a “strong-buy” rating in a research note on Wednesday, August 13th. Citigroup restated a “buy” rating and set a $825.00 target price (up previously from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. Finally, Wells Fargo & Company boosted their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Monolithic Power Systems currently has an average rating of “Moderate Buy” and an average target price of $838.09.

Monolithic Power Systems Company Profile

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.