A director at Monolithic Power Systems Inc. sold 50 ordinary shares for $64,078 on August 24, 2026, at $1,281.57 per share, according to regulatory filings. The transaction reduced Herbert Chang’s direct holdings to 515 shares.
The stock closed at $1,304.15 on the same day, valuing the company at $63.2 billion. Monolithic Power’s shares have surged 56.7% over the past year, outperforming broader semiconductor benchmarks.
Second-quarter results showed adjusted net profit of $6.50 per share on revenue of $980.6 million, a 22% increase from the prior quarter and a 48% rise year-over-year. Analysts noted strong growth in the Corporate Data segment, which expanded more than 160% year-over-year.
Truist Securities raised its price target to $1,889 while maintaining a buy rating. KeyBanc increased its target to $2,100, citing robust Corporate Data growth, while Needham set a $2,000 target, highlighting a 45% quarterly revenue jump in the segment and management’s upward revision to fiscal 2026 growth guidance to over 130% annually.
