Nordea Investment Management AB Boosts Stake in Monolithic Power Systems, Inc. $MPWR

Key Points

• Nordea Investment Management AB increased its stake in Monolithic Power Systems by 10.3% in Q2, now holding a total of 4,236 shares valued at approximately $3.11 million.
• Insider transactions included CFO Theodore Blegen selling 3,000 shares for $2.25 million and EVP Deming Xiao selling 39,999 shares for $31.20 million, representing significant declines in their respective holdings.
• Monolithic Power Systems reported a 31% increase in revenue year-over-year, with quarterly earnings of $4.21 per share, beating expectations and reflecting strong growth in the semiconductor sector.

Nordea Investment Management AB raised its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,236 shares of the semiconductor company's stock after acquiring an additional 397 shares during the period. Nordea Investment Management AB's holdings in Monolithic Power Systems were worth $3,114,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MPWR. Wealth Enhancement Advisory Services LLC increased 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 worth $2,157,000 after acquiring an additional 438 shares in the last quarter. OneDigital Investment Advisors LLC acquired a new position in shares of Monolithic Power Systems during the 1st quarter valued at about $204,000. Jackson Wealth Management LLC grew its holdings in shares of Monolithic Power Systems by 29.5% in the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock valued at $1,680,000 after purchasing an additional 659 shares during the period. DAVENPORT & Co LLC grew its holdings in shares of Monolithic Power Systems by 52.6% in the first quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock valued at $379,000 after purchasing an additional 225 shares during the period. Finally, Clear Creek Financial Management LLC purchased a new stake in shares of Monolithic Power Systems in the first quarter valued at about $405,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Monolithic Power Systems

In related news, CFO Theodore Blegen sold 3,000 shares of Monolithic Power Systems stock in a transaction on Friday, August 1st. The shares were sold at an average price of $750.00, for a total value of $2,250,000.00. Following the transaction, the chief financial officer directly owned 43,939 shares in the company, valued at $32,954,250. This trade represents a 6.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 transaction of $31,199,220.00. Following the completion of the transaction, the executive vice president owned 121,605 shares in the company, valued at approximately $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,542 shares of company stock worth $70,973,777 over the last quarter. 3.40% of the stock is currently owned by corporate insiders.

Monolithic Power Systems Trading Down 0.3%

Shares of MPWR opened at $1,028.67 on Wednesday. The firm has a market cap of $49.26 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 3.84 and a beta of 1.27. The company's 50 day simple moving average is $895.37 and its 200-day simple moving average is $752.25. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $1,041.50.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share 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 firm had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. During the same period last year, the firm posted $3.17 EPS. Monolithic Power Systems's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio (DPR) is 16.25%.

Analysts Set New Price Targets

A number of research firms have commented on MPWR. Raymond James Financial reaffirmed an "outperform" rating and issued a $875.00 target price (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Needham & Company LLC raised their target price on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a "buy" rating in a report on Monday, September 29th. Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Weiss Ratings reissued a "hold (c+)" rating on shares of Monolithic Power Systems in a report on Wednesday, October 8th. Finally, KeyCorp raised their target price on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $945.00.

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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