Jennison Associates LLC Has $54.01 Million Position in Monolithic Power Systems, Inc. $MPWR

Jennison Associates LLC cut its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 20.1% in the first quarter, HoldingsChannel.com reports. The fund owned 49,394 shares of the semiconductor company’s stock after selling 12,434 shares during the period. Jennison Associates LLC’s holdings in Monolithic Power Systems were worth $54,005,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. California Public Employees Retirement System raised its holdings in Monolithic Power Systems by 88.2% in the first quarter. California Public Employees Retirement System now owns 159,658 shares of the semiconductor company’s stock worth $174,562,000 after purchasing an additional 74,822 shares during the period. Quadrant Private Wealth Management LLC acquired a new position in shares of Monolithic Power Systems in the 1st quarter valued at $200,000. Heartland Bank & Trust Co grew its holdings in shares of Monolithic Power Systems by 3.2% in the 1st quarter. Heartland Bank & Trust Co now owns 578 shares of the semiconductor company’s stock valued at $632,000 after buying an additional 18 shares during the period. Catalyst Capital Advisors LLC increased its position in shares of Monolithic Power Systems by 23.1% in the 1st quarter. Catalyst Capital Advisors LLC now owns 2,215 shares of the semiconductor company’s stock valued at $2,422,000 after buying an additional 415 shares in the last quarter. Finally, Forty three Eighteen Advisors LLC increased its position in shares of Monolithic Power Systems by 4.6% in the 1st quarter. Forty three Eighteen Advisors LLC now owns 1,499 shares of the semiconductor company’s stock valued at $1,639,000 after buying an additional 66 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Monolithic Power Systems news, Director Jeff Zhou sold 486 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $1,680.00, for a total value of $816,480.00. Following the transaction, the director directly owned 3,800 shares in the company, valued at $6,384,000. The trade was a 11.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Maurice Sciammas sold 30 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,351.61, for a total transaction of $40,548.30. Following the completion of the transaction, the executive vice president directly owned 1,149 shares in the company, valued at $1,552,999.89. The trade was a 2.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 69,370 shares of company stock worth $112,702,503 in the last quarter. Company insiders own 3.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on MPWR shares. Citigroup reiterated a “buy” rating on shares of Monolithic Power Systems in a research note on Friday, May 1st. Needham & Company LLC raised their target price on shares of Monolithic Power Systems from $1,300.00 to $1,750.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Truist Financial set a $1,805.00 target price on shares of Monolithic Power Systems in a report on Friday, May 1st. Weiss Ratings raised shares of Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $1,800.00 price target on shares of Monolithic Power Systems in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Monolithic Power Systems has an average rating of “Moderate Buy” and a consensus price target of $1,599.17.

Monolithic Power Systems News Summary

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: KeyCorp reiterated an Overweight rating on Monolithic Power Systems and set a $2,000 price target, signaling confidence in the semiconductor company’s long-term growth prospects.
• Positive Sentiment: The firm’s new forecasts call for strong earnings growth, including FY2026 EPS of $21.05 versus the current consensus of $20.23, and FY2027 EPS of $29.54, suggesting analysts see room for continued outperformance.
• Positive Sentiment: KeyCorp also raised quarterly estimates across 2026 and 2027, with EPS projected to climb from $4.92 in Q2 2026 to $8.61 in Q4 2027, reinforcing expectations for sustained profit expansion.
• Positive Sentiment: Separately, coverage commentary noted Monolithic Power Systems has a history of beating earnings estimates, which could keep investor sentiment constructive ahead of the next report. Will Monolithic (MPWR) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Brokerage sentiment remains broadly supportive, with the stock carrying an average rating of Moderate Buy from analysts.

Monolithic Power Systems Price Performance

Shares of NASDAQ MPWR opened at $1,312.00 on Monday. The business’s 50 day moving average price is $1,486.13 and its two-hundred day moving average price is $1,288.70. The company has a market cap of $64.46 billion, a PE ratio of 94.59, a price-to-earnings-growth ratio of 2.33 and a beta of 1.71. Monolithic Power Systems, Inc. has a twelve month low of $702.32 and a twelve month high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $5.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.90 by $0.20. Monolithic Power Systems had a return on equity of 19.58% and a net margin of 22.84%.The company had revenue of $804.19 million during the quarter, compared to analysts’ expectations of $781.93 million. During the same period last year, the firm posted $4.04 earnings per share. The business’s revenue was up 26.1% on a year-over-year basis. As a group, research analysts anticipate that Monolithic Power Systems, Inc. will post 20.26 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, June 30th. Monolithic Power Systems’s dividend payout ratio is 57.68%.

About Monolithic Power Systems

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC‑DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC‑DC power solutions.