MetLife Investment Management LLC Has $8.38 Million Stake in Monolithic Power Systems, Inc. $MPWR

Key Points

• MetLife Investment Management LLC reduced its stake in Monolithic Power Systems by 3.3%, now holding 14,453 shares valued at approximately $8.38 million.
• Monolithic Power Systems reported a 31% year-over-year increase in revenue, with earnings per share of $4.21, exceeding analyst estimates.
• The company recently announced a quarterly dividend of $1.56 per share, representing an annual yield of 0.7%, with a payout ratio of 16.25%.

MetLife Investment Management LLC decreased its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 3.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,453 shares of the semiconductor company's stock after selling 497 shares during the quarter. MetLife Investment Management LLC's holdings in Monolithic Power Systems were worth $8,382,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MPWR. Fourth Dimension Wealth LLC acquired a new stake in shares of Monolithic Power Systems during the 4th quarter valued at $29,000. SouthState Corp acquired a new stake in shares of Monolithic Power Systems during the 1st quarter valued at $33,000. Itau Unibanco Holding S.A. lifted its holdings in Monolithic Power Systems by 637.5% during the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock worth $35,000 after buying an additional 51 shares during the period. Meeder Asset Management Inc. lifted its holdings in Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after buying an additional 41 shares during the period. Finally, Global Financial Private Client LLC lifted its holdings in Monolithic Power Systems by 265.0% during the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after buying an additional 53 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Monolithic Power Systems Price Performance

Shares of Monolithic Power Systems stock opened at $850.64 on Wednesday. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $959.64. The firm has a market capitalization of $40.74 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 3.12 and a beta of 1.18. The business has a 50-day simple moving average of $762.64 and a 200 day simple moving average of $672.15.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating analysts' consensus estimates of $4.12 by $0.09. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.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 company posted $3.17 EPS. The firm's revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 30th. Monolithic Power Systems's payout ratio is currently 16.25%.

Analysts Set New Price Targets

Several research analysts have commented on MPWR shares. Loop Capital lifted their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Oppenheimer reaffirmed an "outperform" rating and set a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. William Blair raised Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. KeyCorp lifted their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Finally, Rosenblatt Securities reissued a "neutral" rating and issued a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Monolithic Power Systems presently has a consensus rating of "Moderate Buy" and an average target price of $838.09.

Insiders Place Their Bets

In other Monolithic Power Systems news, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction that occurred 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 approximately $94,851,900. The trade was a 24.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $750.00, for a total value of $2,250,000.00. Following the sale, the chief financial officer directly owned 43,939 shares of the company's stock, valued at $32,954,250. This represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,599 shares of company stock valued at $38,455,220. Corporate insiders own 3.40% of the company's stock.

Monolithic Power Systems 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.