Monolithic Power Systems, Inc. $MPWR Shares Sold by American Century Companies Inc.

American Century Companies Inc. cut its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWRFree Report) by 10.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 181,926 shares of the semiconductor company’s stock after selling 21,248 shares during the quarter. American Century Companies Inc. owned 0.38% of Monolithic Power Systems worth $133,062,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its position in Monolithic Power Systems by 33.1% during the first 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 last quarter. JPMorgan Chase & Co. raised its stake in Monolithic Power Systems by 36.1% in the second quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company’s stock valued at $626,592,000 after buying an additional 227,159 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Monolithic Power Systems during the 1st quarter worth approximately $105,751,000. BNP Paribas Financial Markets boosted its position in shares of Monolithic Power Systems by 87.9% in the 1st quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company’s stock valued at $164,771,000 after purchasing an additional 132,880 shares during the period. Finally, T. Rowe Price Investment Management Inc. boosted its stake in Monolithic Power Systems by 70.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 314,449 shares of the semiconductor company’s stock worth $182,375,000 after purchasing an additional 130,394 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Needham & Company LLC boosted their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. KeyCorp increased their target price on Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Stifel Nicolaus boosted their target price on Monolithic Power Systems from $930.00 to $1,100.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Raymond James Financial reaffirmed an “outperform” rating and issued a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, William Blair raised shares of Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,047.27.

Read Our Latest Stock Report on MPWR

Insider Activity

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 27,966 shares of Monolithic Power Systems stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $881.66, for a total transaction of $24,656,503.56. Following the transaction, the executive vice president directly owned 148,306 shares in the company, valued at approximately $130,755,467.96. The trade was a 15.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Saria Tseng sold 1,300 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $1,087.62, for a total transaction of $1,413,906.00. Following the sale, the executive vice president directly owned 126,354 shares in the company, valued at approximately $137,425,137.48. This trade represents a 1.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 78,543 shares of company stock worth $72,568,073 in the last quarter. Insiders own 3.40% of the company’s stock.

Monolithic Power Systems Stock Up 2.4%

Shares of Monolithic Power Systems stock opened at $892.97 on Tuesday. The firm has a market cap of $42.78 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 4.08 and a beta of 1.33. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $1,123.38. The business has a fifty day simple moving average of $957.84 and a 200-day simple moving average of $825.88.

Monolithic Power Systems (NASDAQ:MPWRGet Free Report) last announced its quarterly earnings data 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 company had revenue of $737.18 million during the quarter, compared to the consensus estimate of $720.66 million. During the same quarter in the prior year, the firm earned $4.06 EPS. The company’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. Analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.56 per share. The ex-dividend date was Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems’s payout ratio is currently 15.93%.

Monolithic Power Systems Company 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.

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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