APG Asset Management N.V. Decreases Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• APG Asset Management N.V. reduced its stake in Monolithic Power Systems, Inc. by 3.3%, now holding approximately 27,607 shares valued at $14,823,000.
• Monolithic Power Systems reported quarterly earnings of $4.21 EPS, surpassing analysts' expectations, with a revenue increase of 31.0% year-over-year.
• Insider trading activity included CFO Theodore Blegen and EVP Deming Xiao selling a combined total of over $33 million in company shares, indicating a significant decrease in their respective positions.

APG Asset Management N.V. cut its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 3.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,607 shares of the semiconductor company's stock after selling 928 shares during the quarter. APG Asset Management N.V. owned approximately 0.06% of Monolithic Power Systems worth $14,823,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MPWR. GAMMA Investing LLC lifted its stake in Monolithic Power Systems by 76,432.3% in the 1st quarter. GAMMA Investing LLC now owns 778,333 shares of the semiconductor company's stock valued at $451,418,000 after buying an additional 777,316 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Monolithic Power Systems by 33.1% in the 1st 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 acquiring an additional 506,430 shares during the last quarter. Siemens Fonds Invest GmbH lifted its stake in Monolithic Power Systems by 18,567.3% in the 4th quarter. Siemens Fonds Invest GmbH now owns 200,487 shares of the semiconductor company's stock worth $118,628,000 after purchasing an additional 199,413 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in Monolithic Power Systems in the 4th quarter worth approximately $113,547,000. Finally, Ensign Peak Advisors Inc lifted its stake in Monolithic Power Systems by 121.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 337,078 shares of the semiconductor company's stock worth $199,449,000 after purchasing an additional 185,002 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Monolithic Power Systems

In related news, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $750.00, for a total value of $2,250,000.00. Following the completion of the sale, the chief financial officer owned 43,939 shares in the company, valued at approximately $32,954,250. This trade represents a 6.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the sale, 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 49,599 shares of company stock worth $38,455,220 in the last 90 days. Insiders own 3.40% of the company's stock.

Monolithic Power Systems Price Performance

Shares of NASDAQ MPWR opened at $844.00 on Monday. The company has a 50 day simple moving average of $756.82 and a 200-day simple moving average of $670.08. The company has a market capitalization of $40.42 billion, a P/E ratio of 21.98, a P/E/G ratio of 3.14 and a beta of 1.18. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $959.64.

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

Monolithic Power Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a dividend of $1.56 per share. The ex-dividend date was Monday, June 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is currently 16.25%.

Analyst Upgrades and Downgrades

MPWR has been the topic of a number of research reports. Wells Fargo & Company raised their target price 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. Rosenblatt Securities reissued a "neutral" rating and issued a $800.00 target price on shares of Monolithic Power Systems in a research note on Friday, August 1st. Citigroup reissued a "buy" rating and issued a $825.00 target price (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. Needham & Company LLC raised their target price on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $838.09.

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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