OMERS ADMINISTRATION Corp Grows Stock Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• OMERS ADMINISTRATION Corp increased its stake in Monolithic Power Systems by 16.4%, acquiring an additional 592 shares, bringing its total holdings to 4,207 shares valued at approximately $2.44 million.
• The semiconductor company reported earnings of $4.21 per share for its last quarter, exceeding estimates, and achieved a 31% year-over-year revenue growth of $664.57 million.
• Monolithic Power Systems has recently disclosed a quarterly dividend of $1.56 per share, which translates to an annualized dividend yield of 0.7%.

OMERS ADMINISTRATION Corp increased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 16.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,207 shares of the semiconductor company's stock after acquiring an additional 592 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Monolithic Power Systems were worth $2,440,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fourth Dimension Wealth LLC acquired a new stake in Monolithic Power Systems during the 4th quarter worth $29,000. SouthState Corp acquired a new stake in Monolithic Power Systems during the 1st quarter worth $33,000. Itau Unibanco Holding S.A. raised its stake in Monolithic Power Systems by 637.5% during the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 51 shares in the last quarter. Meeder Asset Management Inc. raised its stake in Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 41 shares in the last quarter. Finally, Global Financial Private Client LLC raised its stake in Monolithic Power Systems by 265.0% during the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after acquiring an additional 53 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Needham & Company LLC raised their price objective on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. KeyCorp raised their price objective on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Citigroup reissued a "buy" rating and set a $825.00 price objective (up from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Wells Fargo & Company raised their price objective on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the stock an "equal weight" rating in a research report on Friday, August 1st. Finally, Oppenheimer reissued an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Monolithic Power Systems has an average rating of "Moderate Buy" and an average target price of $838.09.

Insider Activity

In other news, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the sale, the executive vice president owned 121,605 shares of the company's stock, valued at $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeff Zhou sold 193 shares of the business's stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total transaction of $167,910.00. Following the sale, the director directly owned 5,611 shares in the company, valued at approximately $4,881,570. This represents a 3.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,792 shares of company stock valued at $41,066,150 over the last quarter. Corporate insiders own 3.40% of the company's stock.

Monolithic Power Systems Trading Up 2.5%

Shares of NASDAQ:MPWR traded up $20.55 during midday trading on Thursday, hitting $848.11. The stock had a trading volume of 424,542 shares, compared to its average volume of 490,993. The company has a market capitalization of $40.62 billion, a PE ratio of 22.09, a P/E/G ratio of 3.08 and a beta of 1.23. The stock has a 50 day moving average price of $781.76 and a two-hundred day moving average price of $679.39. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $954.00.

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, beating the consensus estimate of $4.12 by $0.09. The business had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business's quarterly revenue was up 31.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $1.56 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. Monolithic Power Systems's payout ratio is presently 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.