Monolithic Power Systems, Inc. $MPWR Shares Purchased by KLP Kapitalforvaltning AS

Key Points

• KLP Kapitalforvaltning AS increased its stake in Monolithic Power Systems by 2.1% in Q2, owning 17,100 shares valued at approximately $12.5 million.
• Institutional and hedge funds hold 93.46% of Monolithic Power Systems' stock, indicating significant investor interest in the company.
• Monolithic Power Systems announced a quarterly dividend of $1.56, with an annualized yield of 0.6%, to be paid on October 15th to shareholders of record as of September 30th.

KLP Kapitalforvaltning AS boosted its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 2.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,100 shares of the semiconductor company's stock after purchasing an additional 350 shares during the quarter. KLP Kapitalforvaltning AS's holdings in Monolithic Power Systems were worth $12,529,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in Monolithic Power Systems by 13.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock valued at $2,157,000 after buying an additional 438 shares during the period. OneDigital Investment Advisors LLC purchased a new stake in Monolithic Power Systems in the 1st quarter valued at about $204,000. Praxis Investment Management Inc. purchased a new stake in Monolithic Power Systems in the 1st quarter valued at about $980,000. Jackson Wealth Management LLC grew its holdings in Monolithic Power Systems by 29.5% in the 1st quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock valued at $1,680,000 after buying an additional 659 shares during the period. Finally, DAVENPORT & Co LLC grew its holdings in Monolithic Power Systems by 52.6% in the 1st quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock valued at $379,000 after buying an additional 225 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Buying and Selling

In other Monolithic Power Systems news, Director Jeff Zhou sold 400 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total value of $340,000.00. Following the transaction, the director directly owned 5,804 shares of the company's stock, valued at $4,933,400. This represents a 6.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 value of $2,739,660.00. Following the completion of the transaction, the chief financial officer directly owned 37,940 shares in the company, valued at approximately $34,647,566.80. The trade was a 7.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,702 shares of company stock worth $53,834,480 over the last 90 days. 3.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have commented on MPWR shares. Rosenblatt Securities restated a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, August 1st. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. Wells Fargo & Company boosted their target price on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Raymond James Financial reiterated an "outperform" rating and set a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Finally, KeyCorp boosted their target price on Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an "overweight" rating in a report on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $880.50.

Monolithic Power Systems Stock Up 3.7%

NASDAQ MPWR opened at $980.90 on Thursday. The stock has a market cap of $46.98 billion, a PE ratio of 25.54, a P/E/G ratio of 3.52 and a beta of 1.27. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $986.63. The business has a 50 day moving average price of $860.23 and a two-hundred day moving average price of $725.26.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings results 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 analysts' expectations of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.Monolithic Power Systems's quarterly revenue was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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

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.

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