Monolithic Power Systems, Inc. $MPWR Holdings Lifted by New York State Teachers Retirement System

Key Points

• The New York State Teachers Retirement System increased its stake in Monolithic Power Systems by 4.6%, now owning 39,705 shares worth approximately $29 million.
• Insider trading activity revealed that Director Jeff Zhou sold 193 shares for about $167,910, while CFO Theodore Blegen sold 3,000 shares worth approximately $2.74 million.
• Monolithic Power Systems reported a quarterly EPS of $4.21, exceeding analysts' expectations, and has set a forecast for 13.2 EPS for the fiscal year.

New York State Teachers Retirement System grew its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 4.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,705 shares of the semiconductor company's stock after purchasing an additional 1,743 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of Monolithic Power Systems worth $29,039,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WPG Advisers LLC bought a new position in Monolithic Power Systems in the 1st quarter worth about $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Monolithic Power Systems in the second quarter valued at approximately $36,000. SouthState Corp bought a new position in shares of Monolithic Power Systems in the first quarter valued at approximately $33,000. AdvisorNet Financial Inc boosted its holdings in shares of Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock valued at $48,000 after acquiring an additional 49 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in shares of Monolithic Power Systems in the second quarter valued at approximately $48,000. Institutional investors own 93.46% of the company's stock.

Insider Activity

In related news, Director Jeff Zhou sold 193 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total value of $167,910.00. Following the completion of the sale, the director owned 5,611 shares in the company, valued at approximately $4,881,570. This represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the completion of the sale, the chief financial officer owned 37,940 shares of the company's stock, valued at approximately $34,647,566.80. This trade represents a 7.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,542 shares of company stock worth $70,973,777 in the last quarter. Insiders own 3.40% of the company's stock.

Monolithic Power Systems Price Performance

MPWR stock opened at $1,004.65 on Friday. The firm has a market cap of $48.11 billion, a PE ratio of 26.16, a P/E/G ratio of 3.83 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. The firm has a 50 day simple moving average of $886.92 and a 200 day simple moving average of $743.66.

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

Monolithic Power Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a $1.56 dividend. This represents a $6.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio is 16.25%.

Wall Street Analysts Forecast Growth

MPWR has been the subject of several recent analyst reports. Weiss Ratings reiterated a "hold (c+)" rating on shares of Monolithic Power Systems in a report on Wednesday, October 8th. Wolfe Research set a $1,200.00 price objective on shares of Monolithic Power Systems and gave the company an "outperform" rating in a report on Tuesday. Wells Fargo & Company increased their target price on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Stifel Nicolaus increased 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 note on Friday. Finally, Citigroup increased their target price on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a "buy" rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $925.00.

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.

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