Monolithic Power Systems, Inc. $MPWR Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Monolithic Power Systems by 36.3%, owning 23,351 shares valued at approximately $13.5 million as of the latest quarter.
• Insider transactions revealed that CFO Theodore Blegen and EVP Deming Xiao sold significant shares of the company, indicating a 6.83% and 24.75% decrease in their respective holdings.
• Monolithic Power Systems recently reported earnings of $4.21 per share for the last quarter, exceeding expectations, and announced a quarterly dividend of $1.56 per share to be paid on October 15.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 36.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,351 shares of the semiconductor company's stock after buying an additional 6,217 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Monolithic Power Systems were worth $13,541,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Monolithic Power Systems by 13.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock worth $2,157,000 after buying an additional 438 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new stake in Monolithic Power Systems in the first quarter valued at approximately $204,000. Praxis Investment Management Inc. purchased a new stake in Monolithic Power Systems in the first quarter valued at approximately $980,000. Jackson Wealth Management LLC grew its holdings in Monolithic Power Systems by 29.5% in the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock valued at $1,680,000 after purchasing an additional 659 shares during the period. Finally, DAVENPORT & Co LLC grew its holdings in Monolithic Power Systems by 52.6% in the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock valued at $379,000 after purchasing an additional 225 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Monolithic Power Systems

In other news, Director Jeff Zhou sold 400 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the transaction, the director directly owned 5,804 shares of the company's stock, valued at approximately $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. 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 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 transaction, the executive vice president directly owned 121,605 shares in the company, valued at approximately $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. Over the last three months, insiders have sold 52,792 shares of company stock valued at $41,066,150. Corporate insiders own 3.40% of the company's stock.

Monolithic Power Systems Trading Down 0.7%

MPWR traded down $6.24 during trading on Friday, hitting $834.14. 329,688 shares of the company's stock were exchanged, compared to its average volume of 471,037. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $954.00. The stock has a 50 day moving average price of $794.18 and a 200 day moving average price of $686.94. The firm has a market cap of $39.95 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 3.13 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released 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. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The company had revenue of $664.57 million during the quarter, compared to the consensus estimate of $648.74 million. During the same period in the previous year, the firm earned $3.17 earnings per share. Monolithic Power Systems's revenue for the quarter was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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

Analyst Upgrades and Downgrades

MPWR has been the subject of a number of recent analyst reports. KeyCorp boosted their target price on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Raymond James Financial restated an "outperform" rating and issued a $875.00 target price (up from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Needham & Company LLC boosted their target price on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a report on Friday, August 1st. Rosenblatt Securities reiterated a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research note on Friday, August 1st. Finally, Citigroup reiterated a "buy" rating and set a $825.00 price objective (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $838.09.

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.