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Theodore Blegen, Executive Vice President and CFO of Monolithic Power Systems Inc (NASDAQ:MPWR), sold 2,260 shares of common stock on October 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, which totaled $2.74 million, occurred at prices ranging from $902.61 to $917.17. The transaction comes as MPWR trades near its 52-week high of $954, with the stock showing remarkable strength with a 56% gain over the past six months. According to InvestingPro analysis, the company currently appears overvalued based on its Fair Value estimates.
The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted by Blegen on February 26, 2025. Following the sales, Blegen directly owns 37,940 shares of Monolithic Power Systems Inc. Blegen also indirectly owns 5,331 shares through an Irrevocable Trust FBO Theodore F. Blegen and another 5,331 shares through an Irrevocable Trust FBO Sarah N. Blegen. With a market capitalization of $44 billion and an "GREAT" Financial Health score from InvestingPro, MPWR maintains strong fundamentals, including a solid current ratio of 5.0 and minimal debt levels. Discover 16 additional exclusive ProTips and comprehensive analysis in the Pro Research Report.
In other recent news, Monolithic Power Systems reported a record revenue of $664.6 million for Q2 2025, surpassing forecasts and achieving an earnings per share of $4.21, which exceeded the anticipated $4.11. The company also declared a quarterly dividend of $1.56 per common share, set to be paid on October 15, 2025, to shareholders of record as of September 30, 2025. In terms of analyst activity, KeyBanc Capital Markets raised its price target for Monolithic Power Systems to $1,050, maintaining an Overweight rating. This adjustment was attributed to Monolithic Power’s significant market share gains in Nvidia’s Blackwell Ultra AI chips. Additionally, Needham analyst Quinn Bolton increased the price target to $1,025, following discussions with company executives about multiple growth drivers. These developments reflect a positive sentiment from analysts regarding Monolithic Power Systems’ market position and future prospects.
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