Allspring Global Investments Holdings LLC Sells 16,315 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Allspring Global Investments Holdings LLC reduced its stake in Monolithic Power Systems by 8.9%, selling 16,315 shares, but it still owns 166,842 shares valued at approximately $124.6 million.
• Monolithic Power Systems reported a strong quarterly earnings performance, with EPS at $4.21, exceeding expectations and showing a 31% increase in year-over-year revenue.
• The company announced a quarterly dividend of $1.56 per share, scheduled to be paid on October 15th, representing an annualized yield of 0.6%.

Allspring Global Investments Holdings LLC lowered its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 8.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 166,842 shares of the semiconductor company's stock after selling 16,315 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.35% of Monolithic Power Systems worth $124,626,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MPWR. Price T Rowe Associates Inc. MD lifted its position in Monolithic Power Systems by 33.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company's stock valued at $1,180,104,000 after purchasing an additional 506,430 shares during the last quarter. Nuveen LLC bought a new stake in Monolithic Power Systems in the first quarter valued at approximately $105,751,000. BNP Paribas Financial Markets lifted its position in Monolithic Power Systems by 87.9% in the first quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company's stock valued at $164,771,000 after purchasing an additional 132,880 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Monolithic Power Systems by 26.5% during the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company's stock valued at $365,136,000 after acquiring an additional 132,078 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in shares of Monolithic Power Systems by 70.8% during the first quarter. T. Rowe Price Investment Management Inc. now owns 314,449 shares of the semiconductor company's stock valued at $182,375,000 after acquiring an additional 130,394 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Insider Activity

In other news, EVP Deming Xiao sold 39,999 shares of the firm's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the transaction, the executive vice president directly owned 121,605 shares in the company, valued at $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeff Zhou sold 400 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total value of $340,000.00. Following the transaction, the director owned 5,804 shares of the company's stock, valued at $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,702 shares of company stock valued at $53,834,480. 3.40% of the stock is currently owned by insiders.

Monolithic Power Systems Stock Up 8.5%

Shares of MPWR stock opened at $981.67 on Tuesday. The stock has a market cap of $47.01 billion, a price-to-earnings ratio of 25.56, a PEG ratio of 3.37 and a beta of 1.27. The business's fifty day moving average is $870.99 and its 200 day moving average is $734.16. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $990.67.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, topping 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 company had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.74 million. During the same period in the prior year, the firm earned $3.17 earnings per share. The firm's revenue for the quarter was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities research analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $1.56 per share. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.6%. Monolithic Power Systems's dividend payout ratio (DPR) is presently 16.25%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MPWR. Oppenheimer restated an "outperform" rating and set a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. KeyCorp upped their target price on Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an "overweight" rating in a report on Tuesday, September 30th. Citigroup upped their target price on Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a "buy" rating in a report on Friday, October 3rd. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. Finally, Raymond James Financial restated an "outperform" rating and set a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Monolithic Power Systems has a consensus rating of "Moderate Buy" and a consensus target price of $880.50.

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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