A director at Monolithic Power Systems Inc. sold 50 shares of common stock on Aug. 24 for a total of $64,078, according to regulatory filings.
Herbert Chang, a director at the company, disposed of the shares at $1,281.57 apiece, leaving him with a direct holding of 515 shares. The stock was trading at $1,304.15 at the time of the transaction.
Monolithic Power Systems, which has a market capitalization of $63.2 billion, has seen its shares surge 56.7% over the past year. The company reported adjusted earnings of $6.50 per share in the second quarter of 2026, exceeding Wall Street expectations, and revenue of $980.6 million—a 22% increase from the prior quarter and a 48% rise year-over-year.
Management raised its full-year outlook for enterprise data growth, citing strong demand across its portfolio. Analysts have also upgraded their price targets following the results. Truist Securities lifted its target to $1,889 while maintaining a Buy rating, KeyBanc increased its target to $2,100 with an Overweight rating, and Needham raised its target to $2,000, noting a 45% quarter-over-quarter revenue increase in the Enterprise Data segment and a raised fiscal 2026 growth projection of more than 130% year-over-year for the segment.
