Novem Group Lowers Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Novem Group has reduced its stake in Monolithic Power Systems by 24.8%, owning 1,322 shares worth approximately $967,000 after selling 435 shares during Q2.
• The semiconductor company's recent earnings showed a significant increase, with a reported earnings per share of $4.21, beating estimates, and a quarterly revenue growth of 31% year-over-year.
• Monolithic Power Systems recently announced a quarterly dividend of $1.56 per share, representing an annual yield of 0.7%, and the company has a payout ratio of 16.25%.

Novem Group decreased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 24.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,322 shares of the semiconductor company's stock after selling 435 shares during the quarter. Novem Group's holdings in Monolithic Power Systems were worth $967,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. WPG Advisers LLC purchased a new position in shares of Monolithic Power Systems in the first quarter worth $27,000. SouthState Corp purchased a new position in shares of Monolithic Power Systems in the first quarter worth $33,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Monolithic Power Systems in the second quarter worth $36,000. Meeder Asset Management Inc. raised its stake in shares of Monolithic Power Systems by 146.4% in the first quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 41 shares during the last quarter. Finally, Global Financial Private Client LLC raised its stake in shares of Monolithic Power Systems by 265.0% in the first quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Monolithic Power Systems Stock Performance

NASDAQ MPWR opened at $887.55 on Friday. The company has a market capitalization of $42.50 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 3.32 and a beta of 1.23. The business's fifty day moving average is $826.61 and its 200 day moving average is $707.23. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released 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. The company had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.Monolithic Power Systems's quarterly revenue was up 31.0% compared to the same quarter last year. During the same period in the previous year, the business earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $1.56 per share. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 annualized dividend and a yield of 0.7%. Monolithic Power Systems's payout ratio is 16.25%.

Wall Street Analyst Weigh In

MPWR has been the subject of several recent analyst reports. Raymond James Financial restated an "outperform" rating and issued a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. Needham & Company LLC lifted their price objective on Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Wells Fargo & Company lifted their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. KeyCorp lifted their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, Oppenheimer reaffirmed 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. One equities research 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 company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $838.09.

Insider Activity at Monolithic Power Systems

In other news, Director Jeff Zhou sold 400 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total value of $340,000.00. Following the transaction, the director directly owned 5,804 shares in the company, valued at $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Saria Tseng sold 14,510 shares of the business's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $914.45, for a total value of $13,268,669.50. Following the completion of the transaction, the executive vice president owned 144,494 shares in the company, valued at $132,132,538.30. The trade was a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 68,702 shares of company stock valued at $55,594,820 in the last ninety days. Corporate insiders own 3.40% of the company's stock.

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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