Legacy Wealth Asset Management LLC Invests $390,000 in Monolithic Power Systems, Inc. $MPWR

Key Points

• Legacy Wealth Asset Management LLC invested $390,000 in Monolithic Power Systems, Inc. by acquiring 533 shares in the second quarter.
• Several other large investors, including Price T Rowe Associates and BNP Paribas Financial Markets, have also recently increased their stakes in MPWR, signaling robust institutional interest.
• Monolithic Power Systems reported a quarterly EPS of $4.21, exceeding analyst estimates, and announced a quarterly dividend of $1.56 per share, reflecting a strong financial performance.

Legacy Wealth Asset Management LLC acquired a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 533 shares of the semiconductor company's stock, valued at approximately $390,000.

Several other large investors have also added to or reduced their stakes in MPWR. Price T Rowe Associates Inc. MD raised its position in shares of Monolithic Power Systems by 33.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company's stock valued at $1,180,104,000 after purchasing an additional 506,430 shares during the period. Nuveen LLC bought a new position in Monolithic Power Systems in the 1st quarter valued at about $105,751,000. BNP Paribas Financial Markets increased its holdings in Monolithic Power Systems by 87.9% in the 1st quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company's stock valued at $164,771,000 after buying an additional 132,880 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Monolithic Power Systems by 26.5% in the 1st quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company's stock valued at $365,136,000 after purchasing an additional 132,078 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its holdings in shares of Monolithic Power Systems by 70.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 314,449 shares of the semiconductor company's stock valued at $182,375,000 after purchasing an additional 130,394 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

MPWR has been the topic of several recent research reports. Oppenheimer reiterated an "outperform" rating and set a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Stifel Nicolaus boosted their target price on shares of Monolithic Power Systems from $930.00 to $1,100.00 and gave the company a "buy" rating in a research report on Friday. KeyCorp boosted their target price on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an "overweight" rating in a research report on Tuesday, September 30th. Wolfe Research set a $1,200.00 target price on shares of Monolithic Power Systems and gave the company an "outperform" rating in a report on Tuesday, October 14th. Finally, Rosenblatt Securities reiterated a "neutral" rating and issued a $800.00 target price on shares of Monolithic Power Systems in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $945.00.

Insider Buying and Selling at Monolithic Power Systems

In related news, Director Carintia Martinez sold 1,400 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $900.00, for a total value of $1,260,000.00. Following the transaction, the director owned 878 shares in the company, valued at $790,200. The trade was a 61.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Saria Tseng sold 14,510 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $914.45, for a total transaction of $13,268,669.50. Following the transaction, the executive vice president owned 144,494 shares in the company, valued at $132,132,538.30. This represents a 9.13% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 82,542 shares of company stock worth $70,973,777. 3.40% of the stock is owned by corporate insiders.

Monolithic Power Systems Trading Down 0.3%

MPWR stock opened at $1,028.67 on Wednesday. The firm has a 50 day moving average of $895.37 and a 200-day moving average of $752.25. The firm has a market capitalization of $49.27 billion, a P/E ratio of 26.79, a price-to-earnings-growth ratio of 3.84 and a beta of 1.27. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $1,041.50.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business's quarterly revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the business posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 30th. Monolithic Power Systems's payout ratio is presently 16.25%.

Monolithic Power Systems Company Profile

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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