Strs Ohio Takes $66.12 Million Position in Monolithic Power Systems, Inc. $MPWR

Strs Ohio acquired a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) during the first quarter, Holdings Channel reports. The institutional investor acquired 114,000 shares of the semiconductor company’s stock, valued at approximately $66,118,000.

A number of other hedge funds have also recently added to or reduced their stakes in MPWR. Brighton Jones LLC increased its holdings in Monolithic Power Systems by 46.0% in the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock worth $376,000 after buying an additional 200 shares during the last quarter. Cetera Investment Advisers increased its holdings in Monolithic Power Systems by 19.6% in the fourth quarter. Cetera Investment Advisers now owns 8,938 shares of the semiconductor company’s stock worth $5,288,000 after buying an additional 1,465 shares during the last quarter. Lazard Asset Management LLC increased its holdings in Monolithic Power Systems by 15.7% in the fourth quarter. Lazard Asset Management LLC now owns 39,835 shares of the semiconductor company’s stock worth $23,569,000 after buying an additional 5,392 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Monolithic Power Systems by 91.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,134 shares of the semiconductor company’s stock worth $10,269,000 after purchasing an additional 8,183 shares during the period. Finally, Numerai GP LLC bought a new stake in Monolithic Power Systems during the fourth quarter worth approximately $728,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Monolithic Power Systems Stock Performance

Shares of Monolithic Power Systems stock opened at $855.18 on Thursday. The business’s 50 day simple moving average is $791.05 and its 200 day simple moving average is $684.28. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $954.00. The firm has a market cap of $40.95 billion, a PE ratio of 22.27, a P/E/G ratio of 3.20 and a beta of 1.23.

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

Monolithic Power Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a dividend of $1.56 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems’s payout ratio is presently 16.25%.

Insider Buying and Selling

In related news, CFO Theodore Blegen sold 6,000 shares of the business’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $750.00, for a total value of $4,500,000.00. Following the completion of the sale, the chief financial officer directly owned 46,939 shares in the company, valued at $35,204,250. The trade was a 11.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Deming Xiao sold 39,999 shares of the business’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the sale, the executive vice president owned 121,605 shares of the company’s stock, valued at $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,792 shares of company stock valued at $41,066,150. 3.40% of the stock is owned by insiders.

Analyst Ratings Changes

MPWR has been the subject of several research reports. Rosenblatt Securities reissued a “neutral” rating and issued a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, August 1st. Wells Fargo & Company increased their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the company an “equal weight” rating in a research report on Friday, August 1st. William Blair raised Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. Needham & Company LLC raised their target price on Monolithic Power Systems from $800.00 to $820.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $875.00 target price (up from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Monolithic Power Systems currently has an average rating of “Moderate Buy” and an average price target of $838.09.

Monolithic Power Systems Company 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.