Resona Asset Management Co. Ltd. Has $59.19 Million Stake in Monolithic Power Systems, Inc. $MPWR

Resona Asset Management Co. Ltd. trimmed its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 0.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,793 shares of the semiconductor company’s stock after selling 744 shares during the period. Resona Asset Management Co. Ltd. owned 0.17% of Monolithic Power Systems worth $59,185,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in MPWR. WPG Advisers LLC acquired a new position in Monolithic Power Systems during the first quarter worth $27,000. NewSquare Capital LLC increased its holdings in shares of Monolithic Power Systems by 76.0% in the second quarter. NewSquare Capital LLC now owns 44 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 19 shares during the last quarter. SouthState Corp acquired a new position in shares of Monolithic Power Systems in the first quarter valued at $33,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Monolithic Power Systems in the second quarter valued at $36,000. Finally, Meeder Asset Management Inc. increased its holdings in shares of Monolithic Power Systems by 146.4% in the first quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 41 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Carintia Martinez sold 1,400 shares of the company’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the completion of the sale, the director 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $1,024.43, for a total transaction of $3,073,290.00. Following the sale, the chief financial officer directly owned 74,332 shares of the company’s stock, valued at $76,147,930.76. This represents a 3.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 43,843 shares of company stock worth $42,011,753. 3.40% of the stock is owned by company insiders.

Monolithic Power Systems Stock Up 4.4%

Shares of NASDAQ:MPWR opened at $1,000.15 on Thursday. The company’s 50 day moving average price is $939.55 and its two-hundred day moving average price is $794.52. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,123.38. The firm has a market cap of $47.90 billion, a PE ratio of 26.05, a PEG ratio of 4.08 and a beta of 1.27.

Monolithic Power Systems (NASDAQ:MPWR) last announced its earnings results on Thursday, October 30th. The semiconductor company reported $4.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.62 by $0.11. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. During the same quarter in the prior year, the business posted $4.06 EPS. The business’s revenue was up 18.9% compared to the same quarter last year. Monolithic Power Systems has set its Q4 2025 guidance at EPS. On average, research analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given 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 yield of 0.6%. Monolithic Power Systems’s dividend payout ratio is currently 15.93%.

Analyst Upgrades and Downgrades

Several research firms have commented on MPWR. Rosenblatt Securities upped their price objective on shares of Monolithic Power Systems from $800.00 to $950.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Wells Fargo & Company upped their price objective on shares of Monolithic Power Systems from $750.00 to $970.00 and gave the company an “equal weight” rating in a report on Monday, October 20th. William Blair upgraded shares of Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the company an “outperform” rating in a report on Tuesday, October 14th. Finally, Stifel Nicolaus upped their price objective on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,047.27.

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.