Monolithic Power Systems, Inc. $MPWR Stock Position Reduced by Korea Investment CORP

Key Points

• Korea Investment CORP decreased its stake in Monolithic Power Systems by 3.6%, owning 35,396 shares currently valued at $20.53 million.
• Several institutional investors have increased their positions, with Brooklyn Investment Group boosting its holdings by 242.2% in the first quarter.
• Monolithic Power Systems recently reported a 31% year-over-year revenue increase for the quarter, with earnings per share beating estimates at $4.21.

Korea Investment CORP lessened its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 3.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,396 shares of the semiconductor company's stock after selling 1,306 shares during the period. Korea Investment CORP owned about 0.07% of Monolithic Power Systems worth $20,529,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Qtron Investments LLC lifted its holdings in shares of Monolithic Power Systems by 4.8% in the 1st quarter. Qtron Investments LLC now owns 1,343 shares of the semiconductor company's stock worth $779,000 after purchasing an additional 62 shares during the last quarter. Brooklyn Investment Group lifted its holdings in shares of Monolithic Power Systems by 242.2% in the 1st quarter. Brooklyn Investment Group now owns 438 shares of the semiconductor company's stock worth $253,000 after purchasing an additional 310 shares during the last quarter. Versor Investments LP lifted its holdings in shares of Monolithic Power Systems by 62.8% in the 1st quarter. Versor Investments LP now owns 998 shares of the semiconductor company's stock worth $579,000 after purchasing an additional 385 shares during the last quarter. CacheTech Inc. bought a new stake in shares of Monolithic Power Systems in the 1st quarter worth approximately $258,000. Finally, George Kaiser Family Foundation bought a new stake in shares of Monolithic Power Systems in the 1st quarter worth approximately $233,000. Institutional investors own 93.46% of the company's stock.

Insider Activity

In other news, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems 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. This trade represents a 24.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeff Zhou sold 400 shares of Monolithic Power Systems stock in a transaction 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 transaction, the director owned 5,804 shares in the company, valued at approximately $4,933,400. This trade represents a 6.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 49,599 shares of company stock worth $38,455,220. 3.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Needham & Company LLC raised their price target on Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Rosenblatt Securities reissued a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, August 1st. Oppenheimer reissued an "outperform" rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Loop Capital lifted their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Finally, TD Cowen lifted their target price on Monolithic Power Systems from $600.00 to $675.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $838.09.

Monolithic Power Systems Price Performance

Shares of Monolithic Power Systems stock opened at $826.27 on Thursday. The business's fifty day moving average price is $751.36 and its two-hundred day moving average price is $667.29. The company has a market capitalization of $39.57 billion, a P/E ratio of 21.52, a PEG ratio of 3.15 and a beta of 1.18. Monolithic Power Systems, Inc. has a 1-year low of $438.86 and a 1-year high of $959.64.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.09. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The firm had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. During the same quarter in the previous year, the business earned $3.17 EPS. The firm'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. On average, research analysts expect 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 declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $1.56 per share. The ex-dividend date was Monday, June 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.8%. Monolithic Power Systems's dividend payout ratio (DPR) is 16.25%.

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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