Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 7.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,743 shares of the semiconductor company’s stock after acquiring an additional 806 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Monolithic Power Systems were worth $8,589,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Monolithic Power Systems by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 5,920,669 shares of the semiconductor company’s stock worth $3,433,870,000 after purchasing an additional 96,395 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Monolithic Power Systems by 33.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company’s stock worth $1,180,104,000 after buying an additional 506,430 shares in the last quarter. Invesco Ltd. increased its stake in shares of Monolithic Power Systems by 7.5% during the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company’s stock worth $724,589,000 after buying an additional 86,853 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Monolithic Power Systems by 26.5% during the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company’s stock worth $365,136,000 after buying an additional 132,078 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its holdings in Monolithic Power Systems by 6.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 485,388 shares of the semiconductor company’s stock valued at $355,003,000 after acquiring an additional 27,837 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have commented on MPWR. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Loop Capital boosted their target price on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Rosenblatt Securities lifted their price target on Monolithic Power Systems from $800.00 to $950.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Monolithic Power Systems in a research report on Wednesday, October 8th. Finally, Cowen reissued a “buy” rating on shares of Monolithic Power Systems in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,047.27.
Insider Buying and Selling
In other news, Director Jeff Zhou sold 193 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total value of $167,910.00. Following the transaction, the director owned 5,611 shares of the company’s stock, valued at approximately $4,881,570. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction on 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 transaction, the director owned 878 shares in the company, valued at approximately $790,200. This trade represents a 61.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 43,443 shares of company stock worth $41,703,115. 3.40% of the stock is currently owned by insiders.
Monolithic Power Systems Stock Down 0.4%
NASDAQ:MPWR opened at $920.19 on Monday. The company has a market capitalization of $44.08 billion, a PE ratio of 23.96, a P/E/G ratio of 4.08 and a beta of 1.33. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $1,123.38. The stock’s 50 day moving average price is $954.65 and its 200 day moving average price is $815.35.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $720.66 million. During the same quarter in the prior year, the firm earned $4.06 EPS. Monolithic Power Systems’s revenue for the quarter was up 18.9% on a year-over-year basis. Monolithic Power Systems has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.
Monolithic Power Systems Announces Dividend
The business also recently disclosed 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 yield of 0.7%. Monolithic Power Systems’s dividend payout ratio is currently 15.93%.
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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