Boomfish Wealth Group LLC Makes New Investment in Monolithic Power Systems, Inc. $MPWR

Key Points

• Boomfish Wealth Group LLC acquired 1,212 shares of Monolithic Power Systems, Inc. valued at approximately $886,000 during the second quarter, indicating growing interest from institutional investors in the semiconductor sector.
• Monolithic Power Systems recently saw significant insider trading, including the sale of 14,510 shares by EVP Saria Tseng, which marked a 9.13% decrease in her holdings.
• Analysts have raised price targets for Monolithic Power Systems, with Citigroup increasing its target from $825.00 to $1,100.00, reflecting strong investor confidence and a "buy" rating for the stock.

Boomfish Wealth Group LLC bought a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,212 shares of the semiconductor company's stock, valued at approximately $886,000.

Other institutional investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its holdings in shares of 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 worth $1,180,104,000 after acquiring an additional 506,430 shares during the last quarter. Nuveen LLC acquired a new position in Monolithic Power Systems in the first quarter valued at $105,751,000. BNP Paribas Financial Markets increased its stake 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. increased its stake in Monolithic Power Systems by 26.5% in the first 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 last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in Monolithic Power Systems by 70.8% in 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 purchasing an additional 130,394 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Monolithic Power Systems

In other news, EVP Saria Tseng sold 14,510 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $914.45, for a total transaction of $13,268,669.50. Following the sale, the executive vice president directly owned 144,494 shares in the company, valued at approximately $132,132,538.30. This represents a 9.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carintia Martinez sold 1,400 shares of the business's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $900.00, for a total value of $1,260,000.00. Following the transaction, the director owned 878 shares of the company's stock, valued at $790,200. This trade represents a 61.46% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 65,702 shares of company stock worth $53,834,480. Corporate insiders own 3.40% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on MPWR shares. Loop Capital upped their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Citigroup upped their price target on 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. Needham & Company LLC lifted their price objective on Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a "buy" rating in a research note on Monday, September 29th. Stifel Nicolaus lifted their price objective on Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, Wells Fargo & Company lifted their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a research note 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, Monolithic Power Systems currently has an average rating of "Moderate Buy" and a consensus target price of $880.50.

Monolithic Power Systems Stock Up 3.7%

NASDAQ:MPWR opened at $980.90 on Thursday. The business's 50 day moving average is $860.23 and its two-hundred day moving average is $725.26. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $986.63. The company has a market cap of $46.98 billion, a PE ratio of 25.54, a P/E/G ratio of 3.52 and a beta of 1.27.

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, topping analysts' consensus estimates of $4.12 by $0.09. The business had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business's quarterly revenue was up 31.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS 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 given a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio is presently 16.25%.

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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