Corundum Group Inc. Invests $203,000 in Monolithic Power Systems, Inc. $MPWR

Key Points

• Corundum Group Inc. has invested approximately $203,000 in Monolithic Power Systems, acquiring 277 shares during the second quarter of the year.
• Monolithic Power Systems has reported a 31% year-over-year increase in revenue, totaling $664.57 million, and its earnings per share exceeded analysts' expectations.
• The firm declared a quarterly dividend of $1.56 per share, representing an annualized amount of $6.24 and a dividend yield of 0.7%, to be paid on October 15th.

Corundum Group Inc. acquired a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 277 shares of the semiconductor company's stock, valued at approximately $203,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. WPG Advisers LLC purchased a new stake in Monolithic Power Systems during the 1st quarter valued at $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in Monolithic Power Systems during the 2nd quarter valued at $36,000. SouthState Corp purchased a new stake in Monolithic Power Systems during the 1st quarter valued at $33,000. AdvisorNet Financial Inc raised its holdings in Monolithic Power Systems by 306.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock valued at $48,000 after buying an additional 49 shares during the period. Finally, Meeder Asset Management Inc. raised its holdings in Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock valued at $40,000 after buying an additional 41 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Monolithic Power Systems Stock Performance

MPWR stock opened at $918.83 on Friday. The firm has a market cap of $44.00 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 3.47 and a beta of 1.27. The firm has a 50-day simple moving average of $846.21 and a two-hundred day simple moving average of $717.91. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $954.81.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued 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. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. During the same quarter in the previous year, the firm earned $3.17 earnings per share. The company's 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, equities analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $1.56 per share. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems's payout ratio is presently 16.25%.

Insider Buying and Selling at Monolithic Power Systems

In related news, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the sale, the executive vice president owned 121,605 shares of the company's stock, valued at $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $913.22, for a total value of $2,739,660.00. Following the sale, the chief financial officer directly owned 37,940 shares of the company's stock, valued at $34,647,566.80. This trade represents a 7.33% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 65,702 shares of company stock valued at $53,834,480. Insiders own 3.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on MPWR shares. Rosenblatt Securities restated a "neutral" rating and set a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, August 1st. Oppenheimer restated an "outperform" rating and set a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Monolithic Power Systems in a research note on Saturday, September 27th. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Finally, Needham & Company LLC increased their target price on Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a "buy" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $880.50.

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.

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