Monolithic Power Systems, Inc. $MPWR Stock Bought by Vise Technologies Inc.

Vise Technologies Inc. boosted its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 66.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 2,587 shares of the semiconductor company’s stock after buying an additional 1,035 shares during the period. Vise Technologies Inc.’s holdings in Monolithic Power Systems were worth $3,485,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Monolithic Power Systems in the 2nd quarter worth $7,727,289,000. State Street Corp grew its position in shares of Monolithic Power Systems by 4.3% during the 2nd quarter. State Street Corp now owns 2,282,186 shares of the semiconductor company’s stock worth $3,159,219,000 after buying an additional 93,732 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of Monolithic Power Systems by 42.3% during the second quarter. Van ECK Associates Corp now owns 746,237 shares of the semiconductor company’s stock valued at $1,031,568,000 after buying an additional 221,666 shares during the period. Bank of America Corp DE purchased a new position in shares of Monolithic Power Systems during the second quarter valued at $741,271,000. Finally, Royal Bank of Canada increased its stake in shares of Monolithic Power Systems by 168.1% during the first quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company’s stock valued at $517,557,000 after buying an additional 296,788 shares during the period. 93.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Monolithic Power Systems news, Director Kuo Wei Chang sold 50 shares of Monolithic Power Systems stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $1,281.57, for a total value of $64,078.50. Following the transaction, the director owned 515 shares in the company, valued at $660,008.55. The trade was a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on MPWR. Raymond James Financial restated an “outperform” rating on shares of Monolithic Power Systems in a report on Wednesday, August 12th. Wells Fargo & Company dropped their target price on shares of Monolithic Power Systems from $1,800.00 to $1,550.00 and set an “overweight” rating on the stock in a report on Tuesday, October 20th. TD Cowen reissued a “buy” rating on shares of Monolithic Power Systems in a research report on Friday. Arete Research began coverage on shares of Monolithic Power Systems in a research report on Thursday, August 20th. They set a “buy” rating and a $2,013.00 target price on the stock. Finally, Oppenheimer reduced their price target on shares of Monolithic Power Systems from $1,700.00 to $1,500.00 and set an “outperform” rating for the company in a report on Friday, October 23rd. Fourteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,783.77.

Monolithic Power Systems Stock Up 6.8%

Monolithic Power Systems stock opened at $1,328.30 on Wednesday. The firm has a market cap of $65.27 billion, a P/E ratio of 73.35 and a beta of 1.71. The business has a fifty day moving average of $1,274.12 and a two-hundred day moving average of $1,313.34. Monolithic Power Systems, Inc. has a twelve month low of $833.18 and a twelve month high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.79 by $0.40. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.16 billion. Monolithic Power Systems had a return on equity of 25.23% and a net margin of 23.85%. The business’s revenue was up 63.1% compared to the same quarter last year. During the same period last year, the business posted $4.73 EPS. Equities analysts expect that Monolithic Power Systems, Inc. will post 24.23 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $8.00 dividend on an annualized basis and a yield of 0.6%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 44.17%.

Monolithic Power Systems News Roundup

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: MPWR’s third-quarter earnings and revenue beat estimates, with results supported by demand for AI infrastructure and communications products. The company also raised growth expectations and is expanding capacity. MPWR Q3 Earnings Beat on AI Infrastructure and Communications Demand
• Positive Sentiment: AI-related momentum is also reflected in the company’s Enterprise Data business, with sales reportedly surging 164.6% and demand for power modules increasing. Rising earnings estimates and capacity investment add to the growth case. MPWR’s AI Power Boom Accelerates as Enterprise Data Sales Surge 164.6%
• Positive Sentiment: Monolithic Power ranked seventh on a list of large-cap technology stocks backed by billionaire investors, which may reinforce investor interest, though the ranking itself is not a company-specific catalyst. 25 Billionaire Investors Back This Large Cap Tech Stock: Is It a Buy?
• Negative Sentiment: Rosen Law Firm announced an investigation into potential fiduciary-duty breaches by company directors and officers. The announcement does not establish wrongdoing, but it could create a near-term headline overhang. Rosen Law Firm Announces Investigation
• Negative Sentiment: Valuation remains a risk: MPWR recently fell despite strong AI demand and rising estimates, and its premium multiple and operating risks may limit upside. Growing reliance on data-center demand also increases exposure to that market’s cycles. MPWR Fell 15.9% in the Past Month. Is the Weakness a Buying Chance?

Monolithic Power Systems Profile

Monolithic Power Systems, Inc (NASDAQ: MPWR) is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.

The company’s portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.