Caisse DE Depot ET Placement DU Quebec Sells 40,398 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Caisse DE Depot ET Placement DU Quebec has reduced its ownership in Monolithic Power Systems by 28.9%, selling 40,398 shares, and currently holds approximately 0.21% of the company valued at $57.5 million.
• Several hedge funds have recently adjusted their stakes in Monolithic Power Systems, with Synovus Financial Corp increasing theirs by 37.9% during the same quarter.
• Analysts have provided positive outlooks for Monolithic Power Systems, with price targets being raised by multiple firms, including Stifel Nicolaus, which increased its target from $880 to $930.

Caisse DE Depot ET Placement DU Quebec reduced its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 28.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 99,191 shares of the semiconductor company's stock after selling 40,398 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned about 0.21% of Monolithic Power Systems worth $57,529,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Synovus Financial Corp increased its holdings in Monolithic Power Systems by 37.9% in the 1st quarter. Synovus Financial Corp now owns 6,053 shares of the semiconductor company's stock valued at $3,511,000 after buying an additional 1,665 shares during the period. ICONIQ Capital LLC acquired a new stake in shares of Monolithic Power Systems in the 1st quarter valued at approximately $319,000. Smartleaf Asset Management LLC boosted its stake in shares of Monolithic Power Systems by 14.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 312 shares of the semiconductor company's stock valued at $181,000 after purchasing an additional 40 shares in the last quarter. Bahl & Gaynor Inc. boosted its stake in shares of Monolithic Power Systems by 0.5% in the 1st quarter. Bahl & Gaynor Inc. now owns 5,157 shares of the semiconductor company's stock valued at $2,991,000 after purchasing an additional 25 shares in the last quarter. Finally, AlphaQuest LLC boosted its stake in shares of Monolithic Power Systems by 87.1% in the 1st quarter. AlphaQuest LLC now owns 131 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 61 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Oppenheimer restated an "outperform" rating and issued a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Rosenblatt Securities restated a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a research note on Friday, August 1st. Needham & Company LLC raised 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 note on Friday, August 1st. KeyCorp raised their price target 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. Finally, Citigroup reiterated a "buy" rating and issued a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a report 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, Monolithic Power Systems has a consensus rating of "Moderate Buy" and an average target price of $838.09.

Monolithic Power Systems Stock Down 2.6%

Monolithic Power Systems stock traded down $22.70 during mid-day trading on Friday, hitting $835.76. 568,918 shares of the stock were exchanged, compared to its average volume of 629,545. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $959.64. The firm's fifty day simple moving average is $772.40 and its two-hundred day simple moving average is $675.32. The stock has a market capitalization of $40.02 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 3.11 and a beta of 1.18.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 EPS 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 company had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. During the same period in the prior year, the firm posted $3.17 EPS. The company's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, analysts forecast 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 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 16.25%.

Insider Transactions at Monolithic Power Systems

In other news, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the completion of the sale, the chief financial officer directly owned 43,939 shares in the company, valued at $32,954,250. This represents a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jeff Zhou sold 193 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total transaction of $167,910.00. Following the sale, the director owned 5,611 shares of the company's stock, valued at approximately $4,881,570. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 49,792 shares of company stock worth $38,623,130 over the last three months. 3.40% of the stock is owned by company insiders.

About Monolithic Power Systems

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.