Allianz Asset Management GmbH Has $80.86 Million Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• Allianz Asset Management GmbH increased its stake in Monolithic Power Systems, Inc. by 33.3% in the second quarter, owning approximately 110,552 shares valued at $80.86 million.
• Monolithic Power Systems reported earnings per share of $4.21 for the last quarter, surpassing analysts' estimates by $0.09, with a revenue increase of 31.0% year-over-year.
• The company recently announced a quarterly dividend of $1.56, translating to an annualized dividend of $6.24 and a yield of 0.6%.

Allianz Asset Management GmbH increased its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 33.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 110,552 shares of the semiconductor company's stock after purchasing an additional 27,589 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.23% of Monolithic Power Systems worth $80,856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted 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 purchasing an additional 438 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new stake in Monolithic Power Systems in the 1st quarter worth approximately $204,000. Praxis Investment Management Inc. acquired a new stake in Monolithic Power Systems in the 1st quarter worth approximately $980,000. Jackson Wealth Management LLC lifted its holdings in Monolithic Power Systems by 29.5% in the 1st quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock worth $1,680,000 after purchasing an additional 659 shares during the last quarter. Finally, DAVENPORT & Co LLC lifted its holdings in Monolithic Power Systems by 52.6% in the 1st quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock worth $379,000 after purchasing an additional 225 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Monolithic Power Systems Trading Up 1.9%

Shares of NASDAQ MPWR opened at $1,026.83 on Friday. The business has a fifty day simple moving average of $882.91 and a 200 day simple moving average of $740.74. The firm has a market capitalization of $49.17 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 3.76 and a beta of 1.27. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $1,041.50.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued 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. The business had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.Monolithic Power Systems's revenue was up 31.0% on a year-over-year basis. During the same period in the prior year, the company posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

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

Insiders Place Their Bets

In related news, CFO Theodore Blegen sold 3,000 shares of the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total value of $2,739,660.00. Following the completion of the transaction, the chief financial officer directly owned 37,940 shares in the company, valued at approximately $34,647,566.80. This represents a 7.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Saria Tseng sold 14,510 shares of the company's stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $914.45, for a total value of $13,268,669.50. Following the completion of the transaction, the executive vice president owned 144,494 shares of the company's stock, valued at $132,132,538.30. The trade was a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,702 shares of company stock valued at $53,834,480 in the last ninety days. 3.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on MPWR. Needham & Company LLC lifted their price target on Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a "buy" rating in a research report on Monday, September 29th. Citigroup raised their price objective on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a "buy" rating in a research note on Friday, October 3rd. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the stock an "outperform" rating in a research note on Tuesday. Wells Fargo & Company raised their price objective on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Finally, Stifel Nicolaus raised their price objective on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $909.55.

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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