Monolithic Power Systems, Inc. $MPWR Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments Co. Ltd. increased its stake in Monolithic Power Systems by 4.0%, owning 77,763 shares worth approximately $56.87 million as of the last quarter.
• Insider transactions show EVP Deming Xiao sold nearly 40,000 shares worth over $31 million, representing a 24.75% decrease in his position.
• Monolithic Power Systems reported strong earnings with $4.21 EPS for the last quarter, beating estimates, and its quarterly revenue increased by 31.0% year-over-year.

Mirae Asset Global Investments Co. Ltd. boosted its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 4.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,763 shares of the semiconductor company's stock after acquiring an additional 2,989 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.16% of Monolithic Power Systems worth $56,874,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MPWR. WPG Advisers LLC acquired a new stake in Monolithic Power Systems in the first quarter valued at approximately $27,000. SouthState Corp acquired a new stake in Monolithic Power Systems in the first quarter valued at approximately $33,000. Strategic Investment Solutions Inc. IL purchased a new position in Monolithic Power Systems in the second quarter valued at approximately $36,000. Meeder Asset Management Inc. increased its stake in Monolithic Power Systems by 146.4% in the first quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 41 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its stake in 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 purchasing an additional 49 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Transactions at Monolithic Power Systems

In related news, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction on Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the transaction, the executive vice president directly owned 121,605 shares in the company, valued at $94,851,900. This trade represents a 24.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction 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 transaction, the chief financial officer owned 37,940 shares in the company, valued at approximately $34,647,566.80. This trade represents 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 quarter. 3.40% of the stock is currently owned by corporate insiders.

Monolithic Power Systems Price Performance

Shares of Monolithic Power Systems stock opened at $930.51 on Friday. The firm's fifty day simple moving average is $842.12 and its 200-day simple moving average is $715.87. The stock has a market capitalization of $44.56 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 3.41 and a beta of 1.27. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced 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 net margin of 73.17% and a return on equity of 19.14%. The business had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.74 million. During the same period in the previous year, the company posted $3.17 EPS. The company's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors 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 yield of 0.7%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio (DPR) is 16.25%.

Analysts Set New Price Targets

Several equities analysts have commented on MPWR shares. Needham & Company LLC increased their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a "buy" rating in a research note on Monday. Stifel Nicolaus increased their price target on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Rosenblatt Securities reiterated a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a research note on Friday, August 1st. Raymond James Financial reiterated an "outperform" rating and issued a $875.00 price target (up from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. Finally, Wells Fargo & Company increased their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $853.00.

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.

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