Monolithic Power Systems (NASDAQ:MPWR) Reaches New 52-Week High – Time to Buy?

Monolithic Power Systems, Inc. (NASDAQ:MPWR) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $990.00 and last traded at $982.62, with a volume of 15901 shares changing hands. The stock had previously closed at $979.25.

Analysts Set New Price Targets

Several equities analysts have issued reports on MPWR shares. Needham & Company LLC boosted their price target on Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a “buy” rating in a research note on Monday, September 29th. KeyCorp boosted their price objective on Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. William Blair upgraded Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. Citigroup boosted their price objective on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Finally, Stifel Nicolaus boosted their price objective on Monolithic Power Systems from $880.00 to $930.00 and gave the company a “buy” rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $880.50.

Monolithic Power Systems Price Performance

The company has a fifty day moving average of $867.96 and a 200-day moving average of $730.45. The firm has a market cap of $43.31 billion, a P/E ratio of 23.55, a P/E/G ratio of 3.37 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) 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 business had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. During the same quarter in the prior year, the company posted $3.17 earnings per share. Monolithic Power Systems’s revenue 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 expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $1.56 per share. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 annualized dividend and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio is 16.25%.

Insider Buying and Selling 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 on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total value of $2,739,660.00. Following the completion of the transaction, the chief financial officer owned 37,940 shares in the company, valued at $34,647,566.80. This represents a 7.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carintia Martinez sold 1,400 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $900.00, for a total value of $1,260,000.00. Following the completion of the transaction, the director owned 878 shares of the company’s stock, valued at $790,200. This trade represents a 61.46% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,702 shares of company stock valued at $53,834,480 in the last three months. Insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Fortress Financial Solutions LLC grew its stake in Monolithic Power Systems by 1.7% in the 2nd quarter. Fortress Financial Solutions LLC now owns 709 shares of the semiconductor company’s stock valued at $518,000 after purchasing an additional 12 shares during the period. Wedmont Private Capital grew its stake in Monolithic Power Systems by 1.3% in the 2nd quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company’s stock valued at $802,000 after purchasing an additional 14 shares during the period. Gilbert & Cook Inc. grew its stake in Monolithic Power Systems by 2.3% in the 2nd quarter. Gilbert & Cook Inc. now owns 655 shares of the semiconductor company’s stock valued at $479,000 after purchasing an additional 15 shares during the period. EP Wealth Advisors LLC grew its stake in Monolithic Power Systems by 3.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 516 shares of the semiconductor company’s stock valued at $378,000 after purchasing an additional 17 shares during the period. Finally, Confluence Wealth Services Inc. lifted its position in shares of Monolithic Power Systems by 0.9% during the 2nd quarter. Confluence Wealth Services Inc. now owns 2,067 shares of the semiconductor company’s stock valued at $1,511,000 after buying an additional 19 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

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.