SLT Holdings LLC Takes Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• SLT Holdings LLC purchased a new stake in Monolithic Power Systems, Inc., acquiring 305 shares valued at approximately $223,000 during the 2nd quarter.
• Monolithic Power Systems recently announced a quarterly dividend of $1.56 per share, representing a yield of 0.7%, with a payout ratio of 16.25%.
• In the last quarter, insiders sold 65,702 shares of company stock valued at $53.8 million, indicating significant insider activity.

SLT Holdings LLC purchased a new stake in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 305 shares of the semiconductor company's stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in MPWR. WPG Advisers LLC acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at about $27,000. SouthState Corp acquired a new stake in shares of Monolithic Power Systems in the first quarter valued at about $33,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Monolithic Power Systems in the second quarter valued at about $36,000. Meeder Asset Management Inc. grew its position 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 valued at $40,000 after purchasing an additional 41 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its position in shares of Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock valued at $48,000 after purchasing an additional 49 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Monolithic Power Systems news, Director Jeff Zhou sold 400 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the completion of the transaction, the director owned 5,804 shares in the company, valued at $4,933,400. This trade represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Carintia Martinez sold 1,400 shares of Monolithic Power Systems stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the completion of the transaction, the director owned 878 shares of the company's stock, valued at $790,200. This trade represents a 61.46% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 65,702 shares of company stock valued at $53,834,480. 3.40% of the stock is owned by company insiders.

Monolithic Power Systems Stock Down 7.6%

Shares of MPWR opened at $904.44 on Friday. The stock has a market cap of $43.31 billion, a price-to-earnings ratio of 23.55, a P/E/G ratio of 3.65 and a beta of 1.27. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $990.25. The company has a 50-day moving average price of $867.96 and a two-hundred day moving average price of $729.55.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced 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. The firm had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The company's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities research analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $1.56 per share. The ex-dividend date is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a yield of 0.7%. Monolithic Power Systems's dividend payout ratio (DPR) is currently 16.25%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MPWR. KeyCorp raised their price target on Monolithic Power Systems from $950.00 to $1,050.00 and gave the company an "overweight" rating in a research report on Tuesday, September 30th. William Blair raised Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Citigroup lifted their target price on Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Friday, October 3rd. Oppenheimer reissued an "outperform" rating and set a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Finally, Rosenblatt Securities reissued a "neutral" rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $880.50.

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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