Swedbank AB Boosts Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• Swedbank AB increased its stake in Monolithic Power Systems by 60.4%, owning 23,744 shares valued at approximately $13.77 million.
• The semiconductor company reported a 31% year-over-year revenue increase, with quarterly earnings of $4.21 EPS, exceeding analysts' estimates.
• Monolithic Power Systems announced a quarterly dividend of $1.56 per share, with an annualized dividend yield of 0.7%.

Swedbank AB grew its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 60.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,744 shares of the semiconductor company's stock after buying an additional 8,944 shares during the period. Swedbank AB's holdings in Monolithic Power Systems were worth $13,771,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Beverly Hills Private Wealth LLC increased its stake in shares of Monolithic Power Systems by 3.2% during the first quarter. Beverly Hills Private Wealth LLC now owns 638 shares of the semiconductor company's stock valued at $370,000 after buying an additional 20 shares during the period. Cromwell Holdings LLC boosted its position in shares of Monolithic Power Systems by 18.7% during the first quarter. Cromwell Holdings LLC now owns 127 shares of the semiconductor company's stock valued at $74,000 after purchasing an additional 20 shares in the last quarter. Burney Co. boosted its position in shares of Monolithic Power Systems by 2.2% during the first quarter. Burney Co. now owns 946 shares of the semiconductor company's stock valued at $549,000 after purchasing an additional 20 shares in the last quarter. Horizon Investments LLC boosted its position in shares of Monolithic Power Systems by 3.3% during the first quarter. Horizon Investments LLC now owns 688 shares of the semiconductor company's stock valued at $399,000 after purchasing an additional 22 shares in the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in shares of Monolithic Power Systems by 2.9% during the first quarter. Kestra Private Wealth Services LLC now owns 897 shares of the semiconductor company's stock valued at $520,000 after purchasing an additional 25 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Stifel Nicolaus lifted their price target on Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Oppenheimer restated an "outperform" rating and set a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. KeyCorp lifted their price target on Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Raymond James Financial restated an "outperform" rating and set a $875.00 price target (up from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. One investment 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 data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $838.09.

Monolithic Power Systems Trading Down 0.2%

Monolithic Power Systems stock traded down $1.42 during mid-day trading on Friday, hitting $916.36. The company had a trading volume of 1,231,998 shares, compared to its average volume of 451,149. The stock's 50 day moving average price is $807.95 and its two-hundred day moving average price is $696.21. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $954.00. The company has a market capitalization of $43.88 billion, a PE ratio of 23.86, a price-to-earnings-growth ratio of 3.42 and a beta of 1.23.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.12 by $0.09. The firm 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%.The company's quarterly revenue was up 31.0% on a year-over-year basis. During the same period in the prior year, the company posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

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

Insider Activity

In other news, CFO Theodore Blegen sold 6,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $750.00, for a total transaction of $4,500,000.00. Following the transaction, the chief financial officer directly owned 46,939 shares of the company's stock, valued at $35,204,250. This represents a 11.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Deming Xiao sold 39,999 shares of the company's stock in a transaction on 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 transaction, the executive vice president directly owned 121,605 shares in the company, valued at approximately $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. 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 ninety days. 3.40% of the stock is currently owned by corporate insiders.

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.