Alliancebernstein L.P. Has $189.90 Million Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• AllianceBernstein L.P. reduced its stake in Monolithic Power Systems by 4.6%, now holding 327,418 shares valued at approximately $189.9 million.
• Several analysts have raised their price targets for Monolithic Power Systems, with KeyCorp now at $950.00 and Stifel Nicolaus at $930.00, indicating a positive outlook for the stock.
• The company reported a strong 31.0% increase in quarterly revenue year-over-year, with earnings per share of $4.21, beating expectations by $0.09.

Alliancebernstein L.P. decreased its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 4.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 327,418 shares of the semiconductor company's stock after selling 15,784 shares during the quarter. Alliancebernstein L.P. owned approximately 0.68% of Monolithic Power Systems worth $189,896,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Alyeska Investment Group L.P. raised its stake in Monolithic Power Systems by 49.6% during the first quarter. Alyeska Investment Group L.P. now owns 287,149 shares of the semiconductor company's stock worth $166,541,000 after acquiring an additional 95,249 shares during the period. Amundi increased its stake in shares of Monolithic Power Systems by 14.6% in the first quarter. Amundi now owns 105,612 shares of the semiconductor company's stock valued at $56,376,000 after purchasing an additional 13,424 shares during the period. Adage Capital Partners GP L.L.C. increased its stake in shares of Monolithic Power Systems by 24.0% in the first quarter. Adage Capital Partners GP L.L.C. now owns 116,100 shares of the semiconductor company's stock valued at $67,336,000 after purchasing an additional 22,500 shares during the period. Perbak Capital Partners LLP acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at approximately $330,000. Finally, EP Wealth Advisors LLC increased its stake in shares of Monolithic Power Systems by 5.3% in the first quarter. EP Wealth Advisors LLC now owns 499 shares of the semiconductor company's stock valued at $289,000 after purchasing an additional 25 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Buying and Selling

In related news, Director Jeff Zhou sold 400 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total value of $340,000.00. Following the completion of the transaction, the director owned 5,804 shares of the company's stock, valued at approximately $4,933,400. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the firm'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 transaction, the executive vice president directly owned 121,605 shares of the company's stock, valued at $94,851,900. This represents a 24.75% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 52,792 shares of company stock valued at $41,066,150. Company insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Up 0.7%

NASDAQ:MPWR traded up $5.77 during trading hours on Wednesday, reaching $863.64. 175,887 shares of the company's stock were exchanged, compared to its average volume of 775,892. The company has a market capitalization of $41.36 billion, a P/E ratio of 22.60, a price-to-earnings-growth ratio of 3.22 and a beta of 1.23. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $954.00. The business's 50-day simple moving average is $789.24 and its two-hundred day simple moving average is $683.09.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its 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 net margin of 73.17% and a return on equity of 19.14%. The firm's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same period last year, the firm posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate 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 disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $1.56 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.24 dividend on an annualized basis and a yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is currently 16.25%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Needham & Company LLC raised their price target on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Stifel Nicolaus raised 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. KeyCorp raised their price target on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Oppenheimer restated an "outperform" rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Finally, Rosenblatt Securities restated a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a research note on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $838.09.

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.