Goldman Sachs Group Inc. Raises Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Goldman Sachs Group Inc. increased its stake in Monolithic Power Systems by 14.7%, holding a total of 298,514 shares valued at $173.1 million.
• Several hedge funds have also bolstered their investments in Monolithic Power Systems, with notable increases from Wealth Enhancement Advisory Services LLC and Jackson Wealth Management LLC during the first quarter.
• Analysts have largely upgraded their ratings on Monolithic Power Systems, leading to a stronger outlook with a price target increase to approximately $838.09 on average.

Goldman Sachs Group Inc. lifted its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 14.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 298,514 shares of the semiconductor company's stock after acquiring an additional 38,294 shares during the period. Goldman Sachs Group Inc. owned 0.62% of Monolithic Power Systems worth $173,133,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Beverly Hills Private Wealth LLC boosted its stake in Monolithic Power Systems by 3.2% in the 1st 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 boosted 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 acquiring an additional 20 shares during the last quarter. Burney Co. grew its stake in Monolithic Power Systems by 2.2% during the first quarter. Burney Co. now owns 946 shares of the semiconductor company's stock valued at $549,000 after acquiring an additional 20 shares in the last quarter. Horizon Investments LLC increased its holdings in Monolithic Power Systems by 3.3% in the 1st quarter. Horizon Investments LLC now owns 688 shares of the semiconductor company's stock valued at $399,000 after acquiring an additional 22 shares during the last quarter. Finally, Kestra Private Wealth Services LLC lifted its stake in Monolithic Power Systems by 2.9% in the 1st 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 in the last quarter. Institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

MPWR has been the topic of several research reports. KeyCorp lifted their target price on Monolithic Power Systems from $940.00 to $950.00 and gave the stock an "overweight" rating 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. Wells Fargo & Company upped their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Rosenblatt Securities reiterated a "neutral" rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, Stifel Nicolaus raised their target price on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average price target of $838.09.

Insider Transactions at Monolithic Power Systems

In other news, EVP Deming Xiao sold 39,999 shares of the company's stock in a transaction dated 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 transaction, the executive vice president directly owned 121,605 shares in the company, valued at approximately $94,851,900. This represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jeff Zhou sold 193 shares of Monolithic Power Systems stock in a transaction dated Wednesday, August 27th. The shares were 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 $4,881,570. The trade was a 3.33% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 52,792 shares of company stock worth $41,066,150. 3.40% of the stock is currently owned by company insiders.

Monolithic Power Systems Stock Performance

MPWR stock traded down $6.24 during mid-day trading on Friday, reaching $834.14. 329,688 shares of the stock traded hands, compared to its average volume of 471,037. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $954.00. The stock has a market capitalization of $39.95 billion, a PE ratio of 21.72, a PEG ratio of 3.13 and a beta of 1.23. The business has a 50-day moving average price of $794.18 and a two-hundred day moving average price of $686.94.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, topping 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 firm had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. During the same period in the previous year, the company earned $3.17 EPS. The firm's revenue for the quarter was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently announced 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 of this dividend 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 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.