Lazard Asset Management LLC trimmed its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 82.3% in the first quarter, HoldingsChannel.com reports. The firm owned 4,210 shares of the semiconductor company’s stock after selling 19,573 shares during the quarter. Lazard Asset Management LLC’s holdings in Monolithic Power Systems were worth $4,603,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac bought a new stake in Monolithic Power Systems in the fourth quarter worth about $3,983,000. Merit Financial Group LLC grew its stake in shares of Monolithic Power Systems by 183.9% in the 4th quarter. Merit Financial Group LLC now owns 2,757 shares of the semiconductor company’s stock worth $2,499,000 after purchasing an additional 1,786 shares during the last quarter. Mirabaud Asset Management Ltd bought a new stake in shares of Monolithic Power Systems in the 4th quarter worth approximately $4,424,000. B. Metzler seel. Sohn & Co. AG lifted its stake in Monolithic Power Systems by 45.9% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 2,448 shares of the semiconductor company’s stock valued at $2,219,000 after purchasing an additional 770 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Monolithic Power Systems by 37.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 90,070 shares of the semiconductor company’s stock worth $81,636,000 after buying an additional 24,657 shares in the last quarter. 93.46% of the stock is owned by institutional investors.
Key Monolithic Power Systems News
Here are the key news stories impacting Monolithic Power Systems this week:
- Positive Sentiment: Q2 results exceeded expectations: Monolithic Power reported adjusted earnings of $6.50 per share versus the $5.87 analyst consensus, while revenue reached $980.64 million, up 47.6% year over year and well above the $903.30 million estimate. Monolithic Power Systems Q2 earnings report
- Positive Sentiment: AI and data-center demand is accelerating: Enterprise Data revenue surged 164.3%, and management highlighted expanding AI infrastructure demand, capacity investments and broader power-management solutions as key growth drivers. MPWR Q2 earnings call highlights
- Positive Sentiment: Strong third-quarter outlook: Management projected approximately $1.14 billion to $1.16 billion in third-quarter sales, substantially above the roughly $980 million consensus estimate, reinforcing expectations for continued growth and operating leverage. Monolithic Power beats Q2 earnings estimates
- Positive Sentiment: Analysts raised targets: KeyCorp increased its target to $2,100 with an overweight rating, Truist raised its target to $1,889 with a buy rating, and Wells Fargo lifted its target to $1,800 with an overweight rating. Analyst forecasts after strong Q2 results
- Neutral Sentiment: Rosenblatt reaffirmed a neutral rating, although it raised its price target to $1,575, suggesting some analysts believe much of the near-term improvement is already reflected in the valuation. Rosenblatt rating
- Negative Sentiment: Valuation remains a risk: MPWR has risen sharply over the past year and trades at a high earnings multiple, leaving the stock vulnerable to profit-taking if AI demand, margins or future guidance fail to meet elevated expectations. MPWR valuation analysis
Monolithic Power Systems Stock Up 8.3%
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $6.50 earnings per share for the quarter, beating the consensus estimate of $5.87 by $0.63. The firm had revenue of $980.64 million for the quarter, compared to analyst estimates of $903.30 million. Monolithic Power Systems had a return on equity of 22.78% and a net margin of 24.41%.Monolithic Power Systems’s quarterly revenue was up 47.6% on a year-over-year basis. During the same period in the previous year, the firm earned $4.21 earnings per share. Analysts expect that Monolithic Power Systems, Inc. will post 20.2 EPS for the current fiscal year.
Monolithic Power Systems Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Monolithic Power Systems’s payout ratio is 57.68%.
Insider Buying and Selling
In related news, EVP Saria Tseng sold 7,565 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $1,700.00, for a total transaction of $12,860,500.00. Following the completion of the sale, the executive vice president directly owned 144,218 shares in the company, valued at approximately $245,170,600. This trade represents a 4.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jeff Zhou sold 1,014 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $1,587.06, for a total transaction of $1,609,278.84. Following the transaction, the director directly owned 4,786 shares in the company, valued at $7,595,669.16. The trade was a 17.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 69,370 shares of company stock worth $112,702,503 over the last ninety days. 3.60% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
MPWR has been the topic of several recent research reports. Stifel Nicolaus lifted their price target on shares of Monolithic Power Systems from $1,300.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Zacks Research raised Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 18th. TD Cowen boosted their target price on Monolithic Power Systems from $1,550.00 to $1,850.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Citigroup reaffirmed a “buy” rating on shares of Monolithic Power Systems in a report on Friday, May 1st. Finally, Wells Fargo & Company increased their price target on Monolithic Power Systems from $1,700.00 to $1,800.00 and gave the company an “overweight” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,705.82.
Read Our Latest Research Report on MPWR
About Monolithic Power Systems
Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.
MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.
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