7,000 Shares in Monolithic Power Systems, Inc. $MPWR Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• The Virginia Retirement Systems acquired 7,000 shares of Monolithic Power Systems, valued at approximately $5.12 million, positioning themselves as a new investor in the semiconductor company.
• Monolithic Power Systems reported earnings of $4.21 per share, exceeding analysts' expectations, with revenues rising by 31% year-over-year to $664.57 million.
• The company announced a quarterly dividend of $1.56, yielding 0.6%, reflecting a low payout ratio of 16.25% for their dividends.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,000 shares of the semiconductor company's stock, valued at approximately $5,120,000.

Several other large investors have also bought and sold shares of the company. Wedmont Private Capital raised its holdings in Monolithic Power Systems by 1.3% in the second quarter. Wedmont Private Capital now owns 1,068 shares of the semiconductor company's stock worth $802,000 after buying an additional 14 shares during the last quarter. Confluence Wealth Services Inc. raised its holdings in Monolithic Power Systems by 0.9% in the second quarter. Confluence Wealth Services Inc. now owns 2,067 shares of the semiconductor company's stock worth $1,511,000 after buying an additional 19 shares during the last quarter. Beverly Hills Private Wealth LLC raised its holdings in Monolithic Power Systems by 3.2% in the first quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company's stock worth $370,000 after buying an additional 20 shares during the last quarter. Cromwell Holdings LLC raised its holdings in Monolithic Power Systems by 18.7% in the first quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company's stock worth $74,000 after buying an additional 20 shares during the last quarter. Finally, Burney Co. raised its holdings in shares of Monolithic Power Systems by 2.2% during the first quarter. Burney Co. now owns 946 shares of the semiconductor company's stock valued at $549,000 after purchasing an additional 20 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Monolithic Power Systems Trading Up 2.7%

Shares of MPWR stock opened at $1,031.59 on Tuesday. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $1,041.50. The stock has a market cap of $49.40 billion, a P/E ratio of 26.86, a P/E/G ratio of 3.74 and a beta of 1.27. The company has a 50 day simple moving average of $891.60 and a two-hundred day simple moving average of $750.32.

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

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $1.56 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.6%. Monolithic Power Systems's dividend payout ratio is 16.25%.

Insider Activity

In other news, Director Carintia Martinez sold 1,400 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $900.00, for a total value of $1,260,000.00. Following the completion of the sale, the director directly owned 878 shares of the company's stock, valued at $790,200. This represents a 61.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jeff Zhou sold 193 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total transaction of $167,910.00. Following the completion of the sale, the director directly owned 5,611 shares of the company's stock, valued at approximately $4,881,570. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,542 shares of company stock valued at $70,973,777. 3.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MPWR. Weiss Ratings reissued a "hold (c+)" rating on shares of Monolithic Power Systems in a report on Wednesday, October 8th. Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. KeyCorp boosted their price objective on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an "overweight" rating in a report on Tuesday, September 30th. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the company an "outperform" rating in a report on Tuesday, October 14th. Finally, Stifel Nicolaus boosted their price objective on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a "buy" rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $945.00.

Monolithic Power Systems 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.

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