Monolithic Power Systems director Herbert Chang sells $71,000 in stock
Monolithic Power Systems' Director Herbert Chang sold shares worth $71,000 on August 11, 2026, according to a recent SEC Form 4 filing. Chang traded 50 common stock shares at $1,420 each, reducing his direct beneficial ownership to 565 shares. The stock is currently trading at $1,362.55, marking a 61.65% return over the past year.
Despite being labeled overvalued by InvestingPro, analysts project a 34% upside potential with price targets ranging from $1,575 to $2,100. An InvestingPro tip suggests volatile stock price movements, available exclusively to subscribers. Monolithic Power Systems recently reported robust Q2 2026 earnings, with adjusted earnings per share of $6.50 on $980.6 million in revenue, surpassing market expectations.
These results, which reflected a 22% increase from the first quarter and a 48% surge from the prior year, prompted Wall Street firms like Truist Securities and KeyBanc to raise their price targets to $1,889 and $2,100, respectively. Analysts at Needham also increased their price target to $2,000, highlighting strong growth in the Enterprise Data segment and a positive outlook for 2026.
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