USS Investment Management Ltd Sells 4,200 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• USS Investment Management Ltd reduced its holdings in Monolithic Power Systems by 31%, owning 9,332 shares worth $5.41 million after selling 4,200 shares in the first quarter.
• Monolithic Power Systems reported an earnings per share (EPS) of $4.21, exceeding estimates, with a 31% year-over-year revenue growth to $664.57 million.
• Several hedge funds, including Vanguard and Price T Rowe Associates, have increased their stakes in Monolithic Power Systems, with institutional investors owning over 93% of the company's stock.

USS Investment Management Ltd reduced its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 31.0% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,332 shares of the semiconductor company's stock after selling 4,200 shares during the quarter. USS Investment Management Ltd's holdings in Monolithic Power Systems were worth $5,413,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MPWR. WPG Advisers LLC bought a new position in Monolithic Power Systems in the 1st quarter worth about $27,000. Fourth Dimension Wealth LLC bought a new position in Monolithic Power Systems in the 4th quarter worth about $29,000. SouthState Corp bought a new position in Monolithic Power Systems in the 1st quarter worth about $33,000. Meeder Asset Management Inc. increased its stake in Monolithic Power Systems by 146.4% in the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 41 shares during the last quarter. Finally, Global Financial Private Client LLC increased its stake in Monolithic Power Systems by 265.0% in the 1st quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after acquiring an additional 53 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Activity at Monolithic Power Systems

In related news, CFO Theodore Blegen sold 6,000 shares of Monolithic Power Systems 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 in the company, valued at approximately $35,204,250. The trade was a 11.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeff Zhou sold 400 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total value of $340,000.00. Following the completion of the transaction, the director owned 5,804 shares in the company, valued at $4,933,400. The trade was a 6.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 52,792 shares of company stock worth $41,066,150. Corporate insiders own 3.40% of the company's stock.

Monolithic Power Systems Stock Down 0.7%

Shares of NASDAQ:MPWR traded down $6.24 during trading on Friday, hitting $834.14. The stock had a trading volume of 329,688 shares, compared to its average volume of 471,037. 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 $39.95 billion, a PE ratio of 21.72, a PEG ratio of 3.13 and a beta of 1.23. The firm's fifty day moving average is $794.18 and its 200 day moving average is $686.94.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. During the same quarter last year, the company earned $3.17 EPS. The firm'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. 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 business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors 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 annualized dividend and a yield of 0.7%. Monolithic Power Systems's payout ratio is 16.25%.

Analysts Set New Price Targets

MPWR has been the topic of a number of research analyst reports. Loop Capital upped their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus increased their price objective 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. William Blair upgraded Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Citigroup reiterated a "buy" rating and set a $825.00 price objective (up from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Finally, Wells Fargo & Company increased their price objective on 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. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Monolithic Power Systems has a consensus rating of "Moderate Buy" and a consensus target price of $838.09.

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.