Perpetual Ltd Lowers Stock Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• Perpetual Ltd reduced its holdings in Monolithic Power Systems by 14.9%, now owning 5,561 shares valued at approximately $4 million.
• Monolithic Power Systems reported strong quarterly earnings of $4.21 EPS, surpassing estimates and showing a 31.0% revenue increase year-over-year.
• The company declared a quarterly dividend of $1.56, with a yield of 0.7%, to be paid on October 15th.

Perpetual Ltd decreased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 14.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,561 shares of the semiconductor company's stock after selling 971 shares during the period. Perpetual Ltd's holdings in Monolithic Power Systems were worth $4,067,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MPWR. WPG Advisers LLC bought a new position in Monolithic Power Systems during the first quarter valued at approximately $27,000. Fourth Dimension Wealth LLC bought a new position in Monolithic Power Systems during the fourth quarter valued at approximately $29,000. SouthState Corp bought a new position in Monolithic Power Systems during the first quarter valued at approximately $33,000. Meeder Asset Management Inc. lifted its position in Monolithic Power Systems by 146.4% during the first 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 period. Finally, Global Financial Private Client LLC lifted its position in Monolithic Power Systems by 265.0% during the first 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 period. Institutional investors own 93.46% of the company's stock.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, CFO Theodore Blegen sold 3,000 shares of the business's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $814.34, for a total value of $2,443,020.00. Following the completion of the sale, the chief financial officer directly owned 40,939 shares of the company's stock, valued at $33,338,265.26. The trade was a 6.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeff Zhou sold 193 shares of the business's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total transaction of $167,910.00. Following the completion of the sale, the director directly owned 5,611 shares of the company's stock, valued at approximately $4,881,570. This trade represents a 3.33% decrease in their ownership of the stock. 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 in the last three months. Company insiders own 3.40% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. KeyCorp increased their price target 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. Oppenheimer reiterated an "outperform" rating and issued a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Stifel Nicolaus increased their price target on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Needham & Company LLC increased their price target 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. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $838.09.

Monolithic Power Systems Trading Up 0.1%

Shares of MPWR stock traded up $1.13 during trading hours on Tuesday, reaching $923.94. 60,770 shares of the stock were exchanged, compared to its average volume of 766,490. Monolithic Power Systems, Inc. has a 12-month low of $438.86 and a 12-month high of $954.00. The company's 50-day moving average price is $811.98 and its 200-day moving average price is $699.99. The firm has a market capitalization of $44.25 billion, a price-to-earnings ratio of 24.10, a price-to-earnings-growth ratio of 3.41 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, topping 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 during the quarter, compared to analysts' expectations of $648.74 million. During the same period in the previous year, the company earned $3.17 EPS. The firm's revenue for the quarter was up 31.0% compared to the same quarter last year. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side 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 declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $1.56 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems's payout ratio is currently 16.25%.

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.