Monolithic Power Systems Inc. said interim Chief Financial Officer Robert W. Dean II sold 32 shares of common stock on Aug. 24 to cover tax withholding obligations tied to the vesting of restricted stock units.
The sale, valued at $41,527, was executed at prices ranging from $1,296.07 to $1,298.01 per share. Dean also transferred 5 shares the same day, leaving him with 7,094 directly held shares and an additional 65 held indirectly.
The transactions follow Monolithic Power’s Q2 2026 results, which showed adjusted earnings of $6.50 per share and total revenue of $980.6 million. Revenue increased 22% sequentially and 48% year-over-year, driven by strong performance in the Corporate Data segment.
Analysts highlighted the segment’s growth, with KeyBanc noting a year-over-year increase of more than 160% and Needham raising its fiscal 2026 revenue growth forecast for the segment to over 130% annually. Truist Securities, KeyBanc, and Needham also adjusted their price targets for Monolithic Power’s stock to $1,889, $2,100, and $2,000, respectively.
The company, based in West Palm Beach, Florida, designs and manufactures power solutions for the industrial, communications, and computing markets.
