Panagora Asset Management Inc. Grows Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Panagora Asset Management Inc. increased its stake in Monolithic Power Systems, Inc. by 37.0%, now owning approximately 0.20% of the company worth $54.8 million after purchasing an additional 25,533 shares.
• Monolithic Power Systems reported $4.21 earnings per share for the last quarter, exceeding analysts' expectations, with a revenue growth of 31.0% year-over-year, amounting to $664.57 million.
• The company recently declared a quarterly dividend of $1.56 per share, representing an annualized dividend yield of 0.7% and a payout ratio of 16.25%.

Panagora Asset Management Inc. lifted its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 37.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 94,479 shares of the semiconductor company's stock after purchasing an additional 25,533 shares during the period. Panagora Asset Management Inc. owned about 0.20% of Monolithic Power Systems worth $54,796,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. WPG Advisers LLC purchased a new stake in shares of Monolithic Power Systems in the 1st quarter worth approximately $27,000. Fourth Dimension Wealth LLC purchased a new stake in shares of Monolithic Power Systems in the 4th quarter worth approximately $29,000. SouthState Corp purchased a new stake in shares of Monolithic Power Systems in the 1st quarter worth approximately $33,000. Itau Unibanco Holding S.A. lifted its position 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 worth $35,000 after purchasing an additional 51 shares during the period. Finally, Meeder Asset Management Inc. lifted its position 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 worth $40,000 after purchasing an additional 41 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insider Buying and Selling

In other Monolithic Power Systems news, 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 completion of the transaction, the director owned 5,804 shares of the company's stock, valued at approximately $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Theodore Blegen sold 6,000 shares of Monolithic Power Systems stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $750.00, for a total transaction of $4,500,000.00. Following the completion of the transaction, the chief financial officer directly owned 46,939 shares of the company's stock, valued at $35,204,250. The trade was a 11.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 52,792 shares of company stock valued at $41,066,150 over the last 90 days. Insiders own 3.40% of the company's stock.

Monolithic Power Systems Trading Up 0.9%

Shares of NASDAQ MPWR traded up $7.35 during midday trading on Thursday, reaching $834.91. The company had a trading volume of 86,275 shares, compared to its average volume of 783,988. The business's 50-day simple moving average is $779.50 and its 200 day simple moving average is $678.26. The stock has a market cap of $39.98 billion, a P/E ratio of 21.75, a P/E/G ratio of 3.11 and a beta of 1.23. 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 (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $648.74 million. During the same quarter last year, the company posted $3.17 earnings per share. The firm's revenue was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 30th. Monolithic Power Systems's dividend payout ratio (DPR) is 16.25%.

Analysts Set New Price Targets

MPWR has been the subject of several research reports. William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Rosenblatt Securities reiterated a "neutral" rating and set a $800.00 price objective on shares of Monolithic Power Systems in a research note on Friday, August 1st. Needham & Company LLC boosted 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 note on Friday, August 1st. Wells Fargo & Company boosted 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 note on Friday, August 1st. Finally, Loop Capital raised their price target on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Monolithic Power Systems currently has a consensus rating of "Moderate Buy" and an average price target of $838.09.

Monolithic Power Systems Company 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.