Valley National Advisers Inc. Sells 2,302 Shares of Monolithic Power Systems, Inc. $MPWR

Valley National Advisers Inc. reduced its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 98.1% during the third quarter, Holdings Channel.com reports. The firm owned 45 shares of the semiconductor company’s stock after selling 2,302 shares during the quarter. Valley National Advisers Inc.’s holdings in Monolithic Power Systems were worth $60,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Transamerica Financial Advisors LLC bought a new position in shares of Monolithic Power Systems in the second quarter worth about $35,000. Danske Bank A S purchased a new position in shares of Monolithic Power Systems during the 2nd quarter valued at about $36,000. Continuum Advisory LLC purchased a new position in shares of Monolithic Power Systems during the 2nd quarter valued at about $43,000. GK Wealth Management LLC bought a new position in shares of Monolithic Power Systems during the 3rd quarter valued at approximately $43,000. Finally, Sunbelt Securities Inc. grew its stake in shares of Monolithic Power Systems by 233.3% during the 1st quarter. Sunbelt Securities Inc. now owns 40 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 28 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Monolithic Power Systems News Roundup

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

• Positive Sentiment: Analysts expect strong third-quarter results, driven by continued artificial-intelligence data-center demand, improving revenue expectations and growth across several business segments. The outlook builds on the company’s previous quarterly performance, when revenue rose 47.6% year over year and earnings exceeded consensus estimates. Can Healthy Top-Line Growth Benefit Monolithic Power’s Q3 Earnings?
• Positive Sentiment: Wall Street Zen upgraded MPWR to “Buy,” while the stock’s consensus price target was reported at $1,735.50. These recommendations indicate that some analysts see upside from current valuation levels, although the target is not a guarantee of future performance. Monolithic Power Systems Raised to Buy at Wall Street Zen Monolithic Power Systems Has Consensus Target Price of $1,735.50
• Neutral Sentiment: Reported short interest was zero shares, implying no measurable short-squeeze pressure. The figure may reflect a data or reporting anomaly, so it provides limited insight into investor positioning.
• Negative Sentiment: Rosen Law Firm announced an investigation into possible breaches of fiduciary duties by MPWR’s directors and officers. The development could increase legal costs, reputational risk and uncertainty for shareholders. Rosen Law Firm Announces Investigation
• Negative Sentiment: Schubert Jonckheer & Kolbe said it is investigating possible wrongdoing after a 30% stock decline and court rulings allowed key claims in a securities-fraud lawsuit against Monolithic Power, its CEO and former CFO to proceed. This adds an overhang ahead of the earnings report. Schubert Jonckheer Investor Reminder

Insider Buying and Selling at Monolithic Power Systems

In other news, Director Kuo Wei Chang sold 50 shares of the business’s stock in a transaction on Monday, August 24th. The shares were 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 of the company’s stock, valued at approximately $660,008.55. The trade was a 8.85% 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 hyperlink. Also, EVP Maurice Sciammas sold 30 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $1,343.94, for a total transaction of $40,318.20. Following the transaction, the executive vice president owned 1,119 shares of the company’s stock, valued at approximately $1,503,868.86. This represents a 2.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 130 shares of company stock worth $175,397 in the last three months. Insiders own 3.60% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on MPWR. KeyCorp lifted their price target on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Zacks Research cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Truist Financial raised their price objective on shares of Monolithic Power Systems from $1,805.00 to $1,889.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wells Fargo & Company lowered 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 research note on Tuesday, October 20th. Finally, Arete Research assumed coverage on shares of Monolithic Power Systems in a research note on Thursday, August 20th. They set a “buy” rating and a $2,013.00 target price on the stock. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,692.64.

Monolithic Power Systems Trading Up 2.4%

NASDAQ:MPWR opened at $1,167.27 on Tuesday. The stock has a 50-day moving average price of $1,285.22 and a 200 day moving average price of $1,305.36. The stock has a market capitalization of $57.36 billion, a P/E ratio of 71.57 and a beta of 1.68. Monolithic Power Systems, Inc. has a 12-month low of $833.18 and a 12-month high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, topping analysts’ consensus estimates of $5.87 by $0.63. Monolithic Power Systems had a return on equity of 22.31% and a net margin of 24.41%. The company had revenue of $980.64 million for the quarter, compared to analysts’ expectations of $903.30 million. During the same period in the previous year, the firm earned $4.21 EPS. The firm’s revenue was up 47.6% compared to the same quarter last year. On average, research analysts predict that Monolithic Power Systems, Inc. will post 23.95 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $2.00 per share. The ex-dividend date was Wednesday, September 30th. This represents a $8.00 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 49.05%.

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.