Banco Bilbao Vizcaya Argentaria S.A. Sells 12,316 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. significantly reduced its holdings in Monolithic Power Systems, selling 12,316 shares and now owns only 1,147 shares valued at approximately $668,000.
• Despite the sale by Banco Bilbao, other institutional investors such as Vanguard Group Inc. and Invesco Ltd. increased their stakes in Monolithic Power Systems during the same quarter, with Vanguard owning nearly 5.9 million shares worth over $3.4 billion.
• Monolithic Power Systems recently reported a revenue of $664.57 million and earnings per share of $4.21 for the last quarter, exceeding analysts' expectations, and declared a quarterly dividend of $1.56 per share.

Banco Bilbao Vizcaya Argentaria S.A. reduced its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 91.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,147 shares of the semiconductor company's stock after selling 12,316 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Monolithic Power Systems were worth $668,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Monolithic Power Systems by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 5,920,669 shares of the semiconductor company's stock worth $3,433,870,000 after buying an additional 96,395 shares in the last quarter. Invesco Ltd. increased its position in shares of Monolithic Power Systems by 7.5% during the first quarter. Invesco Ltd. now owns 1,249,335 shares of the semiconductor company's stock valued at $724,589,000 after acquiring an additional 86,853 shares during the last quarter. Brown Advisory Inc. lifted its holdings in Monolithic Power Systems by 0.5% during the fourth quarter. Brown Advisory Inc. now owns 986,005 shares of the semiconductor company's stock worth $583,420,000 after acquiring an additional 5,274 shares during the period. GAMMA Investing LLC boosted its position in Monolithic Power Systems by 76,432.3% in the first quarter. GAMMA Investing LLC now owns 778,333 shares of the semiconductor company's stock worth $451,418,000 after purchasing an additional 777,316 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Monolithic Power Systems by 26.5% in the 1st quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company's stock valued at $365,136,000 after purchasing an additional 132,078 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Monolithic Power Systems Price Performance

Shares of MPWR stock opened at $844.00 on Friday. The stock has a market capitalization of $40.42 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 3.14 and a beta of 1.18. The company's fifty day simple moving average is $756.82 and its two-hundred day simple moving average is $670.02. 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 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 company had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same period in the previous year, the business earned $3.17 earnings per share. The firm's quarterly revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

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

Insider Transactions at Monolithic Power Systems

In related news, Director Jeff Zhou sold 400 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the completion of the transaction, the director owned 5,804 shares of the company's stock, valued at approximately $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of the company's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the sale, the chief financial officer directly owned 43,939 shares in the company, valued at $32,954,250. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 49,599 shares of company stock valued at $38,455,220. 3.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Rosenblatt Securities reiterated a "neutral" rating and set a $800.00 target price on shares of Monolithic Power Systems in a research note on Friday, August 1st. Needham & Company LLC lifted their price objective on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Raymond James Financial reissued an "outperform" rating and set a $875.00 target price (up from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Citigroup reaffirmed a "buy" rating and issued a $825.00 price target (up previously from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. Finally, KeyCorp upped their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Monolithic Power Systems currently has an average rating of "Moderate Buy" and an average price target of $838.09.

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.

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