Voya Investment Management LLC Sells 23,275 Shares of Monolithic Power Systems, Inc. $MPWR

Voya Investment Management LLC reduced its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 11.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 175,229 shares of the semiconductor company’s stock after selling 23,275 shares during the quarter. Voya Investment Management LLC’s holdings in Monolithic Power Systems were worth $101,629,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MPWR. Cim LLC boosted its position in Monolithic Power Systems by 2.0% during the 1st quarter. Cim LLC now owns 1,826 shares of the semiconductor company’s stock worth $1,059,000 after acquiring an additional 36 shares during the last quarter. First Hawaiian Bank lifted its holdings in Monolithic Power Systems by 52.4% during the 1st quarter. First Hawaiian Bank now owns 4,556 shares of the semiconductor company’s stock valued at $2,642,000 after purchasing an additional 1,566 shares during the last quarter. Inspire Investing LLC increased its position in Monolithic Power Systems by 27.4% during the 1st quarter. Inspire Investing LLC now owns 9,065 shares of the semiconductor company’s stock worth $5,258,000 after buying an additional 1,951 shares during the period. Modern Wealth Management LLC increased its position in Monolithic Power Systems by 20.5% during the 1st quarter. Modern Wealth Management LLC now owns 2,891 shares of the semiconductor company’s stock worth $1,677,000 after buying an additional 491 shares during the period. Finally, Strs Ohio bought a new position in shares of Monolithic Power Systems in the first quarter worth $66,118,000. 93.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wells Fargo & Company raised their price target on Monolithic Power Systems from $730.00 to $750.00 and gave the stock 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 note on Wednesday, August 13th. Loop Capital raised their price objective on Monolithic Power Systems from $760.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Stifel Nicolaus lifted their price target on Monolithic Power Systems from $880.00 to $930.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Citigroup reissued a “buy” rating and set a $825.00 price target (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $838.09.

Insider Buying and Selling at Monolithic Power Systems

In other news, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $814.34, for a total transaction of $2,443,020.00. Following the transaction, the chief financial officer directly owned 40,939 shares in the company, valued at approximately $33,338,265.26. This represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Deming Xiao sold 39,999 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president owned 121,605 shares in the company, valued at approximately $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 52,792 shares of company stock valued at $41,066,150 in the last 90 days. Corporate insiders own 3.40% of the company’s stock.

Monolithic Power Systems Trading Down 0.7%

Shares of Monolithic Power Systems stock opened at $834.14 on Friday. The stock has a fifty day simple moving average of $794.18 and a 200 day simple moving average of $686.83. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $954.00. The company has a market capitalization of $39.95 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 3.13 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.09. The firm had revenue of $664.57 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 31.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

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

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.