Russell Investments Group Ltd. Buys 5,734 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Russell Investments Group Ltd. increased its stake in Monolithic Power Systems by 21.5% in Q1, owning 32,428 shares valued at approximately $18.8 million by the end of the quarter.
• Monolithic Power Systems reported earnings of $4.21 per share for the last quarter, exceeding analysts' expectations, with revenue rising 31% year-over-year to $664.57 million.
• Recent analyst reports have given Monolithic Power Systems a generally positive outlook, with an average target price of $838.09 and multiple firms raising their ratings and price targets.

Russell Investments Group Ltd. grew its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 21.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,428 shares of the semiconductor company's stock after purchasing an additional 5,734 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.07% of Monolithic Power Systems worth $18,808,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MPWR. Fourth Dimension Wealth LLC bought a new position in shares of Monolithic Power Systems in the 4th quarter valued at about $29,000. SouthState Corp bought a new position in shares of Monolithic Power Systems in the 1st quarter valued at about $33,000. Itau Unibanco Holding S.A. boosted its stake in shares of Monolithic Power Systems by 637.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock valued at $35,000 after purchasing an additional 51 shares during the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Monolithic Power Systems by 146.4% in the 1st 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, Global Financial Private Client LLC boosted its stake in shares of Monolithic Power Systems by 265.0% in the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock valued at $42,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

MPWR has been the subject of a number of recent analyst reports. TD Cowen upped their price objective on Monolithic Power Systems from $600.00 to $675.00 and gave the company a "buy" rating in a report on Friday, May 2nd. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. Raymond James Financial reiterated an "outperform" rating and issued a $875.00 price objective (up previously from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Oppenheimer reiterated an "outperform" rating and issued a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Finally, Rosenblatt Securities reissued a "neutral" rating and set a $800.00 price target on shares of Monolithic Power Systems in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Monolithic Power Systems has an average rating of "Moderate Buy" and a consensus price target of $838.09.

Insider Activity

In other news, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the sale, the executive vice president directly owned 121,605 shares in the company, valued at $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jeff Zhou sold 400 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the completion of the transaction, the director directly 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 disclosure for this sale can be found here. Insiders have sold a total of 49,599 shares of company stock worth $38,455,220 over the last three months. Corporate insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Performance

NASDAQ MPWR traded up $28.6450 during trading hours on Friday, reaching $849.3850. 157,268 shares of the company's stock were exchanged, compared to its average volume of 800,909. The company's 50-day moving average is $753.40 and its two-hundred day moving average is $668.61. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $959.64. The company has a market capitalization of $40.68 billion, a price-to-earnings ratio of 22.14, a price-to-earnings-growth ratio of 3.08 and a beta of 1.18.

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 analysts' consensus estimates of $4.12 by $0.09. The company had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The company's quarterly revenue was up 31.0% compared to the same quarter last year. During the same period in the previous year, the company posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Research analysts predict 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 issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, June 30th. Monolithic Power Systems's payout ratio 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.