DekaBank Deutsche Girozentrale lifted its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 0.2% in the second quarter, Holdings Channel.com reports. The fund owned 190,443 shares of the semiconductor company’s stock after purchasing an additional 398 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Monolithic Power Systems were worth $138,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also added to or reduced their stakes in MPWR. WPG Advisers LLC purchased a new position in Monolithic Power Systems during the 1st quarter valued at about $27,000. SouthState Corp purchased a new position in Monolithic Power Systems during the 1st quarter valued at about $33,000. Strategic Investment Solutions Inc. IL purchased a new position in Monolithic Power Systems during the 2nd quarter valued at about $36,000. Meeder Asset Management Inc. grew its holdings in Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 41 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in Monolithic Power Systems by 306.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company’s stock valued at $48,000 after buying an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on MPWR. Wolfe Research set a $1,200.00 target price on Monolithic Power Systems and gave the company an “outperform” rating in a report on Tuesday, October 14th. Wells Fargo & Company lifted their target price on Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a report on Monday. Oppenheimer reaffirmed an “outperform” rating and set a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Raymond James Financial reaffirmed an “outperform” rating and issued a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Finally, Citigroup lifted their price target on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $945.00.
Insider Activity
In other Monolithic Power Systems news, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the transaction, the executive vice president directly owned 121,605 shares of the company’s stock, valued at approximately $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the transaction, the chief financial officer directly owned 43,939 shares in the company, valued at $32,954,250. This trade represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 82,542 shares of company stock valued at $70,973,777. Insiders own 3.40% of the company’s stock.
Monolithic Power Systems Trading Up 2.7%
Shares of MPWR opened at $1,031.59 on Tuesday. The company has a market cap of $49.40 billion, a PE ratio of 26.86, a price-to-earnings-growth ratio of 3.74 and a beta of 1.27. The stock has a 50-day moving average price of $891.60 and a 200-day moving average price of $750.32. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,041.50.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.09. The firm had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The company’s revenue for the quarter was up 31.0% on a year-over-year basis. During the same quarter last year, the company posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.
Monolithic Power Systems Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $1.56 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.6%. Monolithic Power Systems’s dividend payout ratio (DPR) is 16.25%.
About Monolithic Power Systems
Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.
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