CacheTech Inc. Invests $258,000 in Monolithic Power Systems, Inc. $MPWR

Key Points

• CacheTech Inc. has acquired a new position in Monolithic Power Systems, Inc., purchasing 456 shares valued at approximately $258,000 in the first quarter.
• Several hedge funds, including Vanguard Group Inc. and Price T Rowe Associates Inc., have increased their stakes in Monolithic Power Systems, indicating strong institutional support with 93.46% of the company owned by institutional investors.
• Monolithic Power Systems recently announced a quarterly dividend of $1.56 per share, which reflects an annualized payout of $6.24 and a dividend yield of 0.8%.

CacheTech Inc. acquired a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 456 shares of the semiconductor company's stock, valued at approximately $258,000.

A number of other hedge funds also recently bought and sold shares of MPWR. George Kaiser Family Foundation acquired a new stake in Monolithic Power Systems in the 1st quarter valued at approximately $233,000. Adams Wealth Management acquired a new stake in Monolithic Power Systems in the 1st quarter valued at approximately $258,000. Raymond James Financial Inc. increased its holdings in Monolithic Power Systems by 3.2% in the 1st quarter. Raymond James Financial Inc. now owns 245,661 shares of the semiconductor company's stock valued at $142,478,000 after purchasing an additional 7,711 shares during the last quarter. Cresset Asset Management LLC increased its holdings in Monolithic Power Systems by 21.1% in the 1st quarter. Cresset Asset Management LLC now owns 619 shares of the semiconductor company's stock valued at $360,000 after purchasing an additional 108 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Monolithic Power Systems by 3.8% in the 1st quarter. American Century Companies Inc. now owns 203,174 shares of the semiconductor company's stock valued at $117,837,000 after purchasing an additional 7,511 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on MPWR shares. Rosenblatt Securities reissued a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a research report on Friday, August 1st. Needham & Company LLC boosted their price target on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a research report on Friday, August 1st. KeyCorp lifted their price objective on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Finally, Citigroup reiterated a "buy" rating and set a $825.00 price target (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $838.09.

Monolithic Power Systems Stock Performance

MPWR stock traded up $34.08 during trading on Friday, reaching $854.82. 221,682 shares of the company were exchanged, compared to its average volume of 801,427. Monolithic Power Systems, Inc. has a 52-week low of $438.86 and a 52-week high of $959.64. The company has a market cap of $40.94 billion, a P/E ratio of 22.21, a PEG ratio of 3.08 and a beta of 1.18. The stock's 50 day moving average price is $753.40 and its 200 day moving average price is $668.61.

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, beating the consensus estimate of $4.12 by $0.09. The company had revenue of $664.57 million for 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 company's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Deming Xiao sold 39,999 shares of the company's 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 transaction, the executive vice president owned 121,605 shares of the company's stock, valued at approximately $94,851,900. This represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Theodore Blegen sold 6,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $750.00, for a total transaction of $4,500,000.00. Following the completion of the sale, the chief financial officer directly owned 46,939 shares of the company's stock, valued at $35,204,250. The trade was a 11.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,599 shares of company stock valued at $38,455,220. Insiders own 3.40% of the company's stock.

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.