Monolithic Power Systems, Inc. $MPWR Shares Newly Purchased by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC acquired a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 939 shares of the semiconductor company’s stock, valued at approximately $1,265,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. bought a new position in Monolithic Power Systems during the 2nd quarter worth approximately $7,727,289,000. State Street Corp increased its stake in Monolithic Power Systems by 4.3% in the 2nd quarter. State Street Corp now owns 2,282,186 shares of the semiconductor company’s stock worth $3,159,219,000 after purchasing an additional 93,732 shares during the period. Van ECK Associates Corp lifted its position in Monolithic Power Systems by 42.3% in the second quarter. Van ECK Associates Corp now owns 746,237 shares of the semiconductor company’s stock valued at $1,031,568,000 after purchasing an additional 221,666 shares during the last quarter. Bank of America Corp DE bought a new stake in Monolithic Power Systems in the second quarter valued at approximately $741,271,000. Finally, Royal Bank of Canada lifted its position in Monolithic Power Systems by 168.1% in the first quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company’s stock valued at $517,557,000 after purchasing an additional 296,788 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Insider Activity at Monolithic Power Systems

In other news, Director Kuo Wei Chang sold 50 shares of Monolithic Power Systems stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $1,281.57, for a total transaction of $64,078.50. Following the sale, the director owned 515 shares of the company’s stock, valued at approximately $660,008.55. The trade was a 8.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.60% of the company’s stock.

Wall Street Analyst Weigh In

MPWR has been the subject of a number of analyst reports. Rosenblatt Securities raised Monolithic Power Systems from a “neutral” rating to a “buy” rating and increased their price objective for the company from $1,575.00 to $1,700.00 in a research note on Friday, October 30th. Zacks Research raised shares of Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a research note on Monday. Raymond James Financial reiterated an “outperform” rating on shares of Monolithic Power Systems in a report on Wednesday, August 12th. Weiss Ratings raised shares of Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Finally, Wells Fargo & Company dropped their price target on shares of Monolithic Power Systems from $1,800.00 to $1,550.00 and set an “overweight” rating for the company in a research report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Monolithic Power Systems presently has an average rating of “Buy” and a consensus target price of $1,783.77.

Check Out Our Latest Research Report on MPWR

Key Stories Impacting Monolithic Power Systems

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

  • Positive Sentiment: Zacks Research upgraded MPWR from “hold” to “strong buy.” Zacks Research recommendations
  • Positive Sentiment: Recent coverage highlighted a quarterly earnings beat, driven by demand for AI infrastructure and communications products. The company reported $8.19 in earnings per share against a $7.79 estimate, and revenue of $1.20 billion versus expectations of $1.16 billion. MPWR Q3 earnings beat
  • Positive Sentiment: AI-related enterprise data sales and demand for power modules are supporting growth, while capacity expansion could help the company meet demand. AI power demand and enterprise data sales
  • Neutral Sentiment: An article ranked Monolithic Power seventh among large-cap technology stocks reportedly backed by billionaire investors, though such rankings alone do not establish near-term buying demand. Large-cap technology stocks backed by billionaires
  • Negative Sentiment: Rosen Law Firm says it is investigating potential fiduciary-duty breaches by company directors and officers. The notice reports an investigation, not a finding of wrongdoing, but may add uncertainty for investors. Rosen Law Firm investigation notice
  • Negative Sentiment: Analyst commentary notes that MPWR has recently declined despite AI demand and rising earnings estimates, citing its premium valuation and operating risks as reasons for caution. Valuation and operating risks

Monolithic Power Systems Stock Down 5.1%

Shares of Monolithic Power Systems stock opened at $1,261.08 on Thursday. The company has a market cap of $61.97 billion, a PE ratio of 69.87 and a beta of 1.71. The business has a 50 day moving average of $1,273.25 and a 200 day moving average of $1,314.60. Monolithic Power Systems, Inc. has a 52 week low of $833.18 and a 52 week high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share for the quarter, beating the consensus estimate of $7.79 by $0.40. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Monolithic Power Systems had a net margin of 23.85% and a return on equity of 25.23%. The firm’s revenue for the quarter was up 63.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.73 earnings per share. On average, research analysts anticipate that Monolithic Power Systems, Inc. will post 24.23 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 44.17%.

About Monolithic Power Systems

(Free Report)

Monolithic Power Systems, Inc (NASDAQ: MPWR) is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.

The company’s portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.

See Also

Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

Receive News & Ratings for Monolithic Power Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monolithic Power Systems and related companies with MarketBeat.com's FREE daily email newsletter.