Monolithic Power Systems CFO Sells Shares Worth $4,500,000 Dollars

Core Insights - Theodore Blegen, EVP and CFO of Monolithic Power Systems, executed an open market sale of 6,000 shares valued at $4.5 million on July 2, 2025, which is significantly larger than his typical trading activity [1][3][11] Group 1: Transaction Details - The transaction involved the sale of 6,000 shares, with a total value of $4.5 million, reported on July 2, 2025 [2] - Post-transaction, Blegen retains 46,939 shares, valued at approximately $34.8 million [5] - The sale occurred at a price 7.02% above the 50-day moving average and 9.95% above the 200-day moving average as of July 10, 2025 [4] Group 2: Company Overview - Monolithic Power Systems has a market capitalization of $35.45 billion, trailing twelve-month revenue of $2.21 billion, and a net income of $1.79 billion [7] - The company specializes in semiconductor-based power electronics solutions, including DC to DC integrated circuits, serving various markets such as computing, automotive, and consumer electronics [8][10] Group 3: Insider Trading Context - Blegen's recent sale is more than three times his median trade size of 1,884 shares, indicating an unusually large transaction [3] - This sale marks Blegen's first reported trade in 140 days, contrasting with his historical average of 14.8 trades per year, suggesting a lower trading frequency recently [6] - The timing of the sale aligns with a previous pause in trading activity, which may have been influenced by stock price fluctuations [11][14] Group 4: Market Performance - Monolithic Power Systems has consistently surpassed analysts' consensus targets for over three years, despite a recent stock price drop due to modest guidance targets [13] - The stock has seen a 24% price increase year-to-date, and it is currently valued at 19.5 times earnings, indicating reasonable valuation [14]