Monolithic Power Systems, Inc. $MPWR Shares Sold by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC has reduced its stake in Monolithic Power Systems, Inc. by 17.4%, owning approximately 73,237 shares worth $41.36 million after selling 15,396 shares.
• Monolithic Power Systems reported earnings of $4.21 EPS for the most recent quarter, exceeding expectations and showing a 31.0% increase in revenue compared to the previous year.
• Several brokerage firms have raised their target prices for Monolithic Power Systems, with a consensus rating of "Moderate Buy" and an average target price of $838.09.

AQR Capital Management LLC decreased its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 17.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,237 shares of the semiconductor company's stock after selling 15,396 shares during the period. AQR Capital Management LLC owned 0.15% of Monolithic Power Systems worth $41,359,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MPWR. WPG Advisers LLC purchased a new stake in shares of Monolithic Power Systems in the 1st quarter valued at approximately $27,000. Fourth Dimension Wealth LLC purchased a new position in shares of Monolithic Power Systems during the 4th quarter worth approximately $29,000. SouthState Corp purchased a new position in shares of Monolithic Power Systems during the 1st quarter worth approximately $33,000. Meeder Asset Management Inc. boosted its position in shares of Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 41 shares during the period. Finally, Global Financial Private Client LLC boosted its position in shares of Monolithic Power Systems by 265.0% during the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after purchasing an additional 53 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MPWR shares. Raymond James Financial reaffirmed an "outperform" rating and set a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Rosenblatt Securities reaffirmed a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, August 1st. Loop Capital increased their price objective on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Stifel Nicolaus lifted their price objective on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Oppenheimer restated an "outperform" rating and issued a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $838.09.

Monolithic Power Systems Stock Down 1.2%

MPWR stock traded down $9.70 during midday trading on Friday, hitting $830.69. The company's stock had a trading volume of 66,333 shares, compared to its average volume of 774,175. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $954.00. The firm has a market capitalization of $39.78 billion, a P/E ratio of 21.61, a PEG ratio of 3.19 and a beta of 1.23. The firm has a 50-day simple moving average of $792.68 and a 200-day simple moving average of $685.57.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share 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 for the quarter, compared to analyst estimates of $648.74 million. During the same period last year, the business earned $3.17 EPS. The company's 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 expect 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio (DPR) is presently 16.25%.

Insider Activity

In other news, CFO Theodore Blegen sold 3,000 shares of the firm's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $814.34, for a total value of $2,443,020.00. Following the sale, the chief financial officer directly owned 40,939 shares in the company, valued at approximately $33,338,265.26. This trade represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Deming Xiao sold 39,999 shares of the firm's stock in a transaction 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 in the company, valued at $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,792 shares of company stock worth $41,066,150. 3.40% of the stock is currently owned by corporate insiders.

Monolithic Power Systems Company 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.