Harfst & Associates Inc. Purchases 165 Shares of Monolithic Power Systems, Inc. $MPWR

Harfst & Associates Inc. boosted its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,436 shares of the semiconductor company’s stock after buying an additional 165 shares during the quarter. Harfst & Associates Inc.’s holdings in Monolithic Power Systems were worth $2,513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its stake in Monolithic Power Systems by 33.1% in 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. lifted its stake in shares of Monolithic Power Systems by 36.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 856,725 shares of the semiconductor company’s stock valued at $626,592,000 after acquiring an additional 227,159 shares during the last quarter. Nuveen LLC purchased a new stake in Monolithic Power Systems during the 1st quarter valued at about $105,751,000. BNP Paribas Financial Markets increased its stake in 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 worth $164,771,000 after purchasing an additional 132,880 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its position in Monolithic Power Systems by 70.8% in the first quarter. T. Rowe Price Investment Management Inc. now owns 314,449 shares of the semiconductor company’s stock valued at $182,375,000 after purchasing an additional 130,394 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Monolithic Power Systems Stock Performance

Shares of NASDAQ MPWR opened at $924.95 on Thursday. The company has a 50 day simple moving average of $959.82 and a two-hundred day simple moving average of $828.46. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $1,123.38. The company has a market capitalization of $44.31 billion, a price-to-earnings ratio of 24.09, a P/E/G ratio of 4.08 and a beta of 1.33.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $720.66 million. During the same quarter in the prior year, the business posted $4.06 EPS. The firm’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. On average, 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 company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $1.56 dividend. This represents a $6.24 annualized dividend 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%.

Insider Activity

In other news, Director Kuo Wei Herbert Chang sold 100 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $896.97, for a total value of $89,697.00. Following the completion of the transaction, the director owned 426 shares in the company, valued at $382,109.22. The trade was a 19.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $1,024.43, for a total value of $3,073,290.00. Following the completion of the sale, the chief financial officer owned 74,332 shares of the company’s stock, valued at $76,147,930.76. The trade was a 3.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 82,426 shares of company stock worth $76,049,294. Corporate insiders own 3.40% of the company’s stock.

Wall Street Analysts Forecast Growth

MPWR has been the topic of several recent analyst reports. Wolfe Research set a $1,200.00 target price on shares of Monolithic Power Systems and gave the stock an “outperform” rating in a report on Tuesday, October 14th. KeyCorp upped their price objective on shares of Monolithic Power Systems from $1,250.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. William Blair upgraded Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. Cowen reaffirmed a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, October 31st. Finally, Citigroup boosted their price target on shares of Monolithic Power Systems from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,047.27.

About Monolithic Power Systems

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.