Canada Pension Plan Investment Board Has $33.26 Million Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Canada Pension Plan Investment Board reduced its stake in Monolithic Power Systems by 63.0%, now owning 57,342 shares valued at $33.26 million.
• Insider sales included Director Jeff Zhou selling 193 shares and CFO Theodore Blegen selling 3,000 shares, indicating a decrease in their ownership positions.
• Shares of Monolithic Power Systems saw a decline of 2.6% recently, despite the company reporting a strong 31.0% year-over-year revenue growth in its last quarterly earnings.

Canada Pension Plan Investment Board decreased its stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 63.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,342 shares of the semiconductor company's stock after selling 97,831 shares during the quarter. Canada Pension Plan Investment Board owned 0.12% of Monolithic Power Systems worth $33,257,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Beverly Hills Private Wealth LLC raised its position in shares of Monolithic Power Systems by 3.2% during the first quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company's stock worth $370,000 after purchasing an additional 20 shares during the period. Cromwell Holdings LLC raised its position in shares of Monolithic Power Systems by 18.7% during the first quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company's stock worth $74,000 after purchasing an additional 20 shares during the period. Burney Co. raised its position in shares of Monolithic Power Systems by 2.2% during the first quarter. Burney Co. now owns 946 shares of the semiconductor company's stock worth $549,000 after purchasing an additional 20 shares during the period. Horizon Investments LLC raised its position in shares of Monolithic Power Systems by 3.3% during the first quarter. Horizon Investments LLC now owns 688 shares of the semiconductor company's stock worth $399,000 after purchasing an additional 22 shares during the period. Finally, Kestra Private Wealth Services LLC raised its position in shares of Monolithic Power Systems by 2.9% during the first quarter. Kestra Private Wealth Services LLC now owns 897 shares of the semiconductor company's stock worth $520,000 after purchasing an additional 25 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on MPWR shares. Loop Capital raised their price target on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Wells Fargo & Company raised their price target on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a research report on Friday, August 1st. Oppenheimer reiterated an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Raymond James Financial reiterated an "outperform" rating and set a $875.00 price objective (up from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Finally, Rosenblatt Securities reiterated a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, Monolithic Power Systems presently has an average rating of "Moderate Buy" and an average price target of $838.09.

Monolithic Power Systems Price Performance

MPWR stock traded up $20.55 during mid-day trading on Thursday, reaching $848.11. The company had a trading volume of 424,542 shares, compared to its average volume of 786,026. The stock has a 50 day simple moving average of $779.50 and a two-hundred day simple moving average of $678.26. The company has a market capitalization of $40.62 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 3.11 and a beta of 1.23. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $664.57 million during the quarter, compared to the consensus estimate 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 revenue was up 31.0% compared to the same quarter last year. During the same period last year, the company earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 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 that occurred on Tuesday, September 2nd. The stock was sold at an average price of $814.34, for a total value of $2,443,020.00. Following the completion of the sale, the chief financial officer directly owned 40,939 shares of the company's stock, valued at $33,338,265.26. This trade represents a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Deming Xiao sold 39,999 shares of the firm'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 value of $31,199,220.00. Following the completion of the sale, the executive vice president directly owned 121,605 shares of the company's stock, valued at approximately $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. Insiders sold a total of 52,792 shares of company stock valued at $41,066,150 over the last three months. 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.