Candriam S.C.A. Has $44.46 Million Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• Candriam S.C.A. increased its stake in Monolithic Power Systems by 50.9%, holding 76,651 shares valued at approximately $44.46 million.
• Monolithic Power Systems reported $4.21 EPS for the quarter, exceeding estimates, with revenue of $664.57 million, marking a 31% year-over-year increase.
• The company recently announced a quarterly dividend of $1.56 per share, contributing to an annualized dividend yield of 0.7%.

Candriam S.C.A. boosted its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 50.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,651 shares of the semiconductor company's stock after acquiring an additional 25,859 shares during the quarter. Candriam S.C.A. owned about 0.16% of Monolithic Power Systems worth $44,456,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Beverly Hills Private Wealth LLC raised its position in Monolithic Power Systems by 3.2% in the first quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company's stock worth $370,000 after acquiring an additional 20 shares in the last quarter. Cromwell Holdings LLC raised its position in Monolithic Power Systems by 18.7% in the first quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company's stock worth $74,000 after acquiring an additional 20 shares in the last quarter. Burney Co. raised its position in Monolithic Power Systems by 2.2% in the first quarter. Burney Co. now owns 946 shares of the semiconductor company's stock worth $549,000 after acquiring an additional 20 shares in the last quarter. Horizon Investments LLC raised its position in Monolithic Power Systems by 3.3% in the first quarter. Horizon Investments LLC now owns 688 shares of the semiconductor company's stock worth $399,000 after acquiring an additional 22 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in Monolithic Power Systems by 2.9% in the first quarter. Kestra Private Wealth Services LLC now owns 897 shares of the semiconductor company's stock worth $520,000 after acquiring an additional 25 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Theodore Blegen sold 6,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $750.00, for a total value of $4,500,000.00. Following the completion of the sale, the chief financial officer owned 46,939 shares of the company's stock, valued at approximately $35,204,250. The trade was a 11.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Deming Xiao sold 39,999 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the transaction, the executive vice president owned 121,605 shares in the company, valued at $94,851,900. This represents a 24.75% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 49,599 shares of company stock worth $38,455,220 in the last 90 days. Company insiders own 3.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on MPWR shares. Oppenheimer reiterated an "outperform" rating and issued a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Wells Fargo & Company raised their target price on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. Citigroup reiterated a "buy" rating and issued a $825.00 target price (up from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. Finally, Needham & Company LLC raised their target price on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average target price of $838.09.

Monolithic Power Systems Stock Down 1.4%

Shares of MPWR traded down $11.8470 during trading hours on Monday, reaching $832.1530. The company's stock had a trading volume of 102,583 shares, compared to its average volume of 799,142. The firm has a market cap of $39.85 billion, a price-to-earnings ratio of 21.71, a P/E/G ratio of 3.14 and a beta of 1.18. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $959.64. The company has a 50 day moving average of $756.82 and a two-hundred day moving average of $670.08.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its 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 company had revenue of $664.57 million for 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 firm's quarterly revenue was up 31.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.17 EPS. 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 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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

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.