Meiji Yasuda Asset Management Co Ltd. Has $2.94 Million Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Meiji Yasuda Asset Management Co Ltd. increased its holdings in Monolithic Power Systems by 30.1%, owning 5,068 shares valued at approximately $2.94 million after acquiring 1,174 shares in the first quarter.
• Recent price target upgrades from several analysts have resulted in a consensus ratings of "Moderate Buy" and an average target price of $838.09 for the company’s stock.
• Monolithic Power Systems reported earnings of $4.21 per share for the last quarter, exceeding expectations and showcasing a 31.0% increase in revenue compared to the previous year.

Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 30.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,068 shares of the semiconductor company's stock after purchasing an additional 1,174 shares during the period. Meiji Yasuda Asset Management Co Ltd.'s holdings in Monolithic Power Systems were worth $2,939,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Fred Alger Management LLC grew its position in shares of Monolithic Power Systems by 8.1% during the 1st quarter. Fred Alger Management LLC now owns 18,808 shares of the semiconductor company's stock valued at $10,938,000 after buying an additional 1,415 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Monolithic Power Systems by 14.7% during the first quarter. Goldman Sachs Group Inc. now owns 298,514 shares of the semiconductor company's stock valued at $173,133,000 after purchasing an additional 38,294 shares during the last quarter. Kestra Investment Management LLC bought a new position in shares of Monolithic Power Systems during the first quarter valued at approximately $103,000. Dynamic Technology Lab Private Ltd raised its position in shares of Monolithic Power Systems by 47.2% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 730 shares of the semiconductor company's stock worth $423,000 after purchasing an additional 234 shares during the period. Finally, UniSuper Management Pty Ltd lifted its holdings in shares of Monolithic Power Systems by 3.7% in the 1st quarter. UniSuper Management Pty Ltd now owns 11,242 shares of the semiconductor company's stock worth $6,520,000 after purchasing an additional 400 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Transactions at Monolithic Power Systems

In other news, EVP Deming Xiao sold 39,999 shares of the company's stock in a transaction on 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 directly owned 121,605 shares of the company's stock, valued at $94,851,900. This represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jeff Zhou sold 193 shares of Monolithic Power Systems stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total value of $167,910.00. Following the completion of the transaction, the director directly owned 5,611 shares in the company, valued at $4,881,570. This represents a 3.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,792 shares of company stock valued at $41,066,150 over the last three months. Company insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Down 0.7%

Monolithic Power Systems stock traded down $6.24 during midday trading on Friday, hitting $834.14. The company's stock had a trading volume of 329,688 shares, compared to its average volume of 471,037. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $954.00. The company has a market capitalization of $39.95 billion, a PE ratio of 21.72, a price-to-earnings-growth ratio of 3.13 and a beta of 1.23. The stock's 50-day moving average price is $794.18 and its 200-day moving average price is $686.94.

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 (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.09. The company had revenue of $664.57 million for the quarter, compared to analysts' expectations 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 revenue was up 31.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Rosenblatt Securities restated a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research note on Friday, August 1st. Needham & Company LLC increased their price objective on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Raymond James Financial reiterated an "outperform" rating and issued a $875.00 price objective (up from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Citigroup reiterated a "buy" rating and set a $825.00 price target (up previously from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Finally, William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and a consensus price target of $838.09.

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.