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

Key Points

• Swedbank AB increased its holdings in Monolithic Power Systems, Inc. by 66.1% during the second quarter, acquiring an additional 15,700 shares for a total of 39,444 shares worth approximately $28.8 million.
• An insider transaction noted that EVP Deming Xiao sold 39,999 shares at an average price of $780, resulting in a total of about $31.2 million, which decreased ownership by 24.75%.
• Monolithic Power Systems announced a quarterly dividend of $1.56 per share, with an annualized yield of 0.7%, set to be paid on October 15th.

Swedbank AB increased its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 66.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,444 shares of the semiconductor company's stock after acquiring an additional 15,700 shares during the period. Swedbank AB owned about 0.08% of Monolithic Power Systems worth $28,849,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. GAMMA Investing LLC grew its holdings in Monolithic Power Systems by 76,432.3% during the first quarter. GAMMA Investing LLC now owns 778,333 shares of the semiconductor company's stock valued at $451,418,000 after purchasing an additional 777,316 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Monolithic Power Systems by 33.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company's stock valued at $1,180,104,000 after purchasing an additional 506,430 shares during the period. Nuveen LLC bought a new position in Monolithic Power Systems during the first quarter valued at $105,751,000. BNP Paribas Financial Markets grew its holdings in Monolithic Power Systems by 87.9% during the first quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company's stock valued at $164,771,000 after purchasing an additional 132,880 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Monolithic Power Systems by 26.5% during the first quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company's stock valued at $365,136,000 after purchasing an additional 132,078 shares during the period. 93.46% of the stock is owned by institutional investors.

Monolithic Power Systems Price Performance

NASDAQ MPWR traded down $1.01 during trading hours on Tuesday, reaching $921.80. 40,765 shares of the stock traded hands, compared to its average volume of 766,383. The stock has a 50 day simple moving average of $811.98 and a two-hundred day simple moving average of $699.99. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $954.00. The company has a market cap of $44.15 billion, a price-to-earnings ratio of 24.01, 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 earnings per share for the quarter, beating analysts' consensus estimates of $4.12 by $0.09. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. During the same quarter last year, the business posted $3.17 earnings per share. The company's revenue for the quarter was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given 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 presently 16.25%.

Analysts Set New Price Targets

Several brokerages have weighed in on MPWR. KeyCorp increased their price objective on Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Raymond James Financial reissued an "outperform" rating and set a $875.00 price objective (up from $720.00) on shares of Monolithic Power Systems in a report on Friday, August 1st. Rosenblatt Securities restated a "neutral" rating and set a $800.00 target price on shares of Monolithic Power Systems in a research report on Friday, August 1st. Wells Fargo & Company increased their target price on 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, Stifel Nicolaus increased their target price on Monolithic Power Systems from $880.00 to $930.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. 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's stock. According to data from MarketBeat.com, Monolithic Power Systems has a consensus rating of "Moderate Buy" and an average price target of $838.09.

Insider Buying and Selling at Monolithic Power Systems

In other news, EVP Deming Xiao sold 39,999 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the transaction, the executive vice president directly owned 121,605 shares of the company's stock, valued at approximately $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Theodore Blegen sold 3,000 shares of the firm'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 transaction, the chief financial officer directly owned 40,939 shares in the company, valued at $33,338,265.26. This trade represents a 6.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 52,792 shares of company stock worth $41,066,150 over the last 90 days. Corporate insiders own 3.40% of the company's stock.

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.