Monolithic Power Systems, Inc. $MPWR Shares Sold by Kovitz Investment Group Partners LLC

Key Points

• Kovitz Investment Group Partners LLC reduced its stake in Monolithic Power Systems by 27.4%, selling 914 shares and bringing its total ownership to 2,426 shares worth approximately $1.4 million.
• Despite Kovitz's sell-off, several other institutional investors significantly increased their holdings, with GAMMA Investing LLC raising its position by 76,432.3% in the same quarter.
• Monolithic Power Systems reported earnings of $4.21 per share, exceeding consensus estimates, and announced a quarterly dividend of $1.56 per share, representing a yield of 0.7%.

Kovitz Investment Group Partners LLC lowered its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 27.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,426 shares of the semiconductor company's stock after selling 914 shares during the quarter. Kovitz Investment Group Partners LLC's holdings in Monolithic Power Systems were worth $1,407,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of MPWR. GAMMA Investing LLC boosted its position in Monolithic Power Systems by 76,432.3% during the first quarter. GAMMA Investing LLC now owns 778,333 shares of the semiconductor company's stock worth $451,418,000 after acquiring an additional 777,316 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Monolithic Power Systems by 16.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,528,301 shares of the semiconductor company's stock valued at $904,297,000 after purchasing an additional 214,395 shares during the last quarter. Siemens Fonds Invest GmbH boosted its holdings in shares of Monolithic Power Systems by 18,567.3% in the 4th quarter. Siemens Fonds Invest GmbH now owns 200,487 shares of the semiconductor company's stock valued at $118,628,000 after purchasing an additional 199,413 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Monolithic Power Systems in the 4th quarter valued at $113,547,000. Finally, Ensign Peak Advisors Inc boosted its holdings in shares of Monolithic Power Systems by 121.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 337,078 shares of the semiconductor company's stock valued at $199,449,000 after purchasing an additional 185,002 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Activity

In other Monolithic Power Systems news, Director Jeff Zhou sold 400 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the completion of the transaction, the director directly owned 5,804 shares of the company's stock, valued at $4,933,400. The trade was a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the transaction, the executive vice president directly 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 disclosure for this sale can be found here. In the last three months, insiders sold 49,599 shares of company stock valued at $38,455,220. Company insiders own 3.40% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Rosenblatt Securities reiterated a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, August 1st. 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 research note on Friday, August 1st. William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. TD Cowen raised their target price on shares of Monolithic Power Systems from $600.00 to $675.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Finally, Raymond James Financial reissued an "outperform" rating and issued a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $838.09.

Monolithic Power Systems Stock Up 2.8%

Shares of MPWR traded up $23.26 during midday trading on Friday, hitting $844.00. The company had a trading volume of 548,822 shares, compared to its average volume of 689,001. The company's 50 day moving average price is $756.82 and its 200 day moving average price is $670.02. The stock has a market cap of $40.42 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 3.14 and a beta of 1.18. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating the consensus estimate 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 business had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. During the same period in the previous year, the business posted $3.17 EPS. The company's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently declared 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 of this dividend was Monday, June 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems's payout ratio is 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.