Advisors Asset Management Inc. Decreases Stake in Monolithic Power Systems, Inc. $MPWR

Key Points

• Advisors Asset Management Inc. has reduced its stake in Monolithic Power Systems by 21.1%, owning 7,075 shares after selling 1,893 shares in the first quarter.
• Monolithic Power Systems reported a quarterly earnings per share of $4.21, exceeding estimates, with a revenue of $664.57 million, a 31.0% year-over-year increase.
• The company announced a quarterly dividend of $1.56 per share, reflecting a 0.7% yield and a dividend payout ratio of 16.25%.

Advisors Asset Management Inc. lowered its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 21.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 7,075 shares of the semiconductor company's stock after selling 1,893 shares during the quarter. Advisors Asset Management Inc.'s holdings in Monolithic Power Systems were worth $4,103,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Monolithic Power Systems by 13.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock worth $2,157,000 after acquiring an additional 438 shares during the period. OneDigital Investment Advisors LLC acquired a new stake in shares of Monolithic Power Systems during the 1st quarter valued at approximately $204,000. Praxis Investment Management Inc. acquired a new stake in shares of Monolithic Power Systems during the 1st quarter valued at approximately $980,000. Jackson Wealth Management LLC raised its position in shares of Monolithic Power Systems by 29.5% during the 1st quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock valued at $1,680,000 after acquiring an additional 659 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its position in Monolithic Power Systems by 52.6% in the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock worth $379,000 after buying an additional 225 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Monolithic Power Systems Stock Up 2.1%

Shares of MPWR stock opened at $865.86 on Friday. The stock has a 50-day simple moving average of $784.36 and a 200 day simple moving average of $680.60. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $954.00. The stock has a market capitalization of $41.47 billion, a P/E ratio of 22.55, a P/E/G ratio of 3.16 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.09. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same quarter last year, the business posted $3.17 earnings per share. The company's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate 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 announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a dividend of $1.56 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.24 annualized dividend and a yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is currently 16.25%.

Insider Activity at Monolithic Power Systems

In related news, Director Jeff Zhou sold 400 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total value of $340,000.00. Following the completion of the transaction, the director owned 5,804 shares in the company, valued at $4,933,400. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Deming Xiao sold 39,999 shares of the 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 transaction, 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 position. The disclosure for this sale can be found here. Insiders sold 52,792 shares of company stock valued at $41,066,150 over the last 90 days. 3.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MPWR. Needham & Company LLC raised their price target on Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a report on Friday, August 1st. Wells Fargo & Company raised their price target on Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a report on Friday, August 1st. KeyCorp raised their price target on Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Oppenheimer reissued an "outperform" rating and set a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Finally, William Blair raised Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. One 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 stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $838.09.

About Monolithic Power Systems

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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