The Manufacturers Life Insurance Company Has $71.59 Million Stock Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• The Manufacturers Life Insurance Company reduced its stake in Monolithic Power Systems, Inc. by 15.4% in the first quarter, selling 22,522 shares, and now owns about 0.26% of the company's total shares.
• Monolithic Power Systems reported a quarterly revenue of $664.57 million and an EPS of $4.21, exceeding analysts' expectations.
• The company announced a quarterly dividend of $1.56 per share, representing a dividend yield of 0.7% and a payout ratio of 16.25%.

The Manufacturers Life Insurance Company lessened its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 15.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,431 shares of the semiconductor company's stock after selling 22,522 shares during the period. The Manufacturers Life Insurance Company owned about 0.26% of Monolithic Power Systems worth $71,588,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. Pembroke Management LTD lifted its position in Monolithic Power Systems by 11.2% during the first quarter. Pembroke Management LTD now owns 42,219 shares of the semiconductor company's stock worth $24,486,000 after acquiring an additional 4,250 shares during the last quarter. WPG Advisers LLC acquired a new stake in Monolithic Power Systems in the first quarter valued at approximately $27,000. Trexquant Investment LP boosted its position in Monolithic Power Systems by 57.3% in the first quarter. Trexquant Investment LP now owns 24,705 shares of the semiconductor company's stock valued at $14,328,000 after buying an additional 8,999 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new position in shares of Monolithic Power Systems during the first quarter worth $340,000. Finally, OMERS ADMINISTRATION Corp lifted its holdings in Monolithic Power Systems by 16.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 4,207 shares of the semiconductor company's stock valued at $2,440,000 after buying an additional 592 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Monolithic Power Systems

In related news, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the transaction, the chief financial officer directly owned 43,939 shares in the company, valued at approximately $32,954,250. This represents a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jeff Zhou sold 193 shares of the business's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $870.00, for a total value of $167,910.00. Following the transaction, the director directly owned 5,611 shares in the company, valued at $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 have sold a total of 49,792 shares of company stock valued at $38,623,130 over the last quarter. Insiders own 3.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. KeyCorp boosted their target price 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. Loop Capital increased their target price on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Oppenheimer reaffirmed an "outperform" rating and issued a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a research note on Wednesday, August 13th. Finally, Stifel Nicolaus lifted their price target on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a 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 given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $838.09.

Monolithic Power Systems Trading Up 0.5%

MPWR traded up $3.91 on Wednesday, hitting $827.56. The company had a trading volume of 422,280 shares, compared to its average volume of 788,129. The firm has a market cap of $39.63 billion, a P/E ratio of 21.55, a PEG 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. The company's fifty day moving average price is $777.41 and its 200 day moving average price is $677.23.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.09. The company had revenue of $664.57 million during 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%.Monolithic Power Systems's revenue was up 31.0% compared to the same quarter last year. During the same period in the previous year, the company posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, analysts predict that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current year.

Monolithic Power Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $1.56 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.24 annualized dividend and a yield of 0.8%. Monolithic Power Systems's dividend payout ratio is 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.