Geneva Partners LLC Makes New Investment in Monolithic Power Systems, Inc. $MPWR

Key Points

• Geneva Partners LLC initiated a position in Monolithic Power Systems during the third quarter, buying 2,421 shares valued at approximately $3.26 million. Institutional investors collectively own 93.46% of the company.
• MPWR reported strong quarterly results, with revenue up 47.6% year over year and EPS of $6.50, exceeding analyst expectations. Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a target price of $1,692.64.
• Insiders sold 130 shares worth roughly $175,397 over the past 90 days, while investor groups have announced investigations into possible fiduciary-duty and securities-law violations, adding legal uncertainty to the stock.

Geneva Partners LLC purchased a new position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,421 shares of the semiconductor company's stock, valued at approximately $3,262,000.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Monolithic Power Systems in the 2nd quarter valued at about $7,727,289,000. State Street Corp grew its position in Monolithic Power Systems by 4.3% during the 2nd quarter. State Street Corp now owns 2,282,186 shares of the semiconductor company's stock worth $3,159,219,000 after acquiring an additional 93,732 shares during the last quarter. Van ECK Associates Corp increased its stake in Monolithic Power Systems by 42.3% in the 2nd quarter. Van ECK Associates Corp now owns 746,237 shares of the semiconductor company's stock worth $1,031,568,000 after purchasing an additional 221,666 shares during the period. Bank of America Corp DE purchased a new position in Monolithic Power Systems in the 2nd quarter worth approximately $741,271,000. Finally, Royal Bank of Canada increased its stake in Monolithic Power Systems by 168.1% in the 1st quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company's stock worth $517,557,000 after purchasing an additional 296,788 shares during the period. 93.46% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Monolithic Power Systems news, EVP Maurice Sciammas sold 30 shares of the business's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $1,343.94, for a total transaction of $40,318.20. Following the transaction, the executive vice president directly owned 1,119 shares of the company's stock, valued at approximately $1,503,868.86. The trade was a 2.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kuo Wei Chang sold 50 shares of the company's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $1,281.57, for a total transaction of $64,078.50. Following the completion of the transaction, the director owned 515 shares of the company's stock, valued at $660,008.55. This trade represents a 8.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 130 shares of company stock valued at $175,397. 3.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have weighed in on MPWR shares. KeyCorp boosted their price objective on Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Raymond James Financial restated an "outperform" rating on shares of Monolithic Power Systems in a report on Wednesday, August 12th. Weiss Ratings raised shares of Monolithic Power Systems from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 8th. Wall Street Zen upgraded shares of Monolithic Power Systems from a "hold" rating to a "buy" rating in a report on Sunday. Finally, Zacks Research lowered shares of Monolithic Power Systems from a "strong-buy" rating to a "hold" rating in a report on Friday, October 2nd. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Monolithic Power Systems presently has an average rating of "Moderate Buy" and a consensus target price of $1,692.64.

Monolithic Power Systems News Summary

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: Analysts expect strong third-quarter results, driven by continued artificial-intelligence data-center demand, improving revenue expectations and growth across several business segments. The outlook builds on the company’s previous quarterly performance, when revenue rose 47.6% year over year and earnings exceeded consensus estimates. Can Healthy Top-Line Growth Benefit Monolithic Power’s Q3 Earnings?
• Positive Sentiment: Wall Street Zen upgraded MPWR to “Buy,” while the stock’s consensus price target was reported at $1,735.50. These recommendations indicate that some analysts see upside from current valuation levels, although the target is not a guarantee of future performance. Monolithic Power Systems Raised to Buy at Wall Street Zen Monolithic Power Systems Has Consensus Target Price of $1,735.50
• Neutral Sentiment: Reported short interest was zero shares, implying no measurable short-squeeze pressure. The figure may reflect a data or reporting anomaly, so it provides limited insight into investor positioning.
• Negative Sentiment: Rosen Law Firm announced an investigation into possible breaches of fiduciary duties by MPWR’s directors and officers. The development could increase legal costs, reputational risk and uncertainty for shareholders. Rosen Law Firm Announces Investigation
• Negative Sentiment: Schubert Jonckheer & Kolbe said it is investigating possible wrongdoing after a 30% stock decline and court rulings allowed key claims in a securities-fraud lawsuit against Monolithic Power, its CEO and former CFO to proceed. This adds an overhang ahead of the earnings report. Schubert Jonckheer Investor Reminder

Monolithic Power Systems Price Performance

Shares of NASDAQ:MPWR opened at $1,167.27 on Tuesday. The stock's 50-day moving average is $1,285.22 and its 200 day moving average is $1,305.36. The company has a market cap of $57.36 billion, a PE ratio of 71.57 and a beta of 1.68. Monolithic Power Systems, Inc. has a 1 year low of $833.18 and a 1 year high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $6.50 earnings per share for the quarter, topping the consensus estimate of $5.87 by $0.63. The business had revenue of $980.64 million during the quarter, compared to analysts' expectations of $903.30 million. Monolithic Power Systems had a return on equity of 22.31% and a net margin of 24.41%. The business's revenue was up 47.6% on a year-over-year basis. During the same quarter last year, the business posted $4.21 EPS. Analysts expect that Monolithic Power Systems, Inc. will post 23.95 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 30th. Monolithic Power Systems's dividend payout ratio is currently 49.05%.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc NASDAQ: MPWR is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.

The company's portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.

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