QRG Capital Management Inc. Sells 95 Shares of Monolithic Power Systems, Inc. $MPWR

QRG Capital Management Inc. cut its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,959 shares of the semiconductor company’s stock after selling 95 shares during the period. QRG Capital Management Inc.’s holdings in Monolithic Power Systems were worth $5,089,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Corundum Group Inc. bought a new position in shares of Monolithic Power Systems during the 2nd quarter worth approximately $203,000. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Monolithic Power Systems by 6.3% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 272,047 shares of the semiconductor company’s stock worth $198,970,000 after buying an additional 16,019 shares in the last quarter. Jackson Wealth Management LLC boosted its holdings in shares of Monolithic Power Systems by 1.2% during the 2nd quarter. Jackson Wealth Management LLC now owns 2,930 shares of the semiconductor company’s stock worth $2,143,000 after buying an additional 34 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Monolithic Power Systems by 4.0% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,763 shares of the semiconductor company’s stock worth $56,874,000 after buying an additional 2,989 shares in the last quarter. Finally, J2 Capital Management Inc bought a new position in shares of Monolithic Power Systems during the 2nd quarter worth approximately $571,000. 93.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MPWR has been the topic of a number of recent research reports. Wells Fargo & Company increased their target price on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Loop Capital increased their price target on Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Saturday, September 27th. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $880.50.

Monolithic Power Systems Price Performance

NASDAQ:MPWR opened at $918.83 on Monday. The business has a 50 day moving average of $846.21 and a 200 day moving average of $719.29. The company has a market capitalization of $44.00 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 3.42 and a beta of 1.27. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $954.81.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $0.09. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $664.57 million for the quarter, compared to analysts’ expectations of $648.74 million. During the same period in the previous year, the firm earned $3.17 EPS. The business’s quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $1.56 dividend. This represents a $6.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Monolithic Power Systems’s dividend payout ratio is presently 16.25%.

Insider Buying and Selling

In related news, Director Carintia Martinez sold 1,400 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $900.00, for a total value of $1,260,000.00. Following the sale, the director directly owned 878 shares of the company’s stock, valued at $790,200. This represents a 61.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the transaction, the executive vice president directly owned 121,605 shares of the company’s stock, valued at approximately $94,851,900. This represents a 24.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,702 shares of company stock valued at $53,834,480 over the last 90 days. 3.40% of the stock is currently owned by company insiders.

Monolithic Power Systems Profile

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.