Vancity Investment Management Ltd Invests $238,000 in Monolithic Power Systems, Inc. $MPWR

Key Points

• Vancity Investment Management Ltd has invested approximately $238,000 in Monolithic Power Systems by acquiring 410 shares in the 1st quarter of the year.
• The company recently reported earnings of $4.21 per share, surpassing analysts' expectations and showed a 31.0% increase in quarterly revenue year-over-year.
• Monolithic Power Systems announced a quarterly dividend of $1.56 per share, representing an annualized yield of 0.7%.

Vancity Investment Management Ltd purchased a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 410 shares of the semiconductor company's stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC grew its stake in shares of Monolithic Power Systems by 13.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock worth $2,157,000 after purchasing an additional 438 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new position in shares of Monolithic Power Systems in the 1st quarter worth approximately $204,000. Praxis Investment Management Inc. acquired a new position in shares of Monolithic Power Systems in the 1st quarter worth approximately $980,000. Jackson Wealth Management LLC grew its stake in shares of Monolithic Power Systems by 29.5% in the 1st quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock worth $1,680,000 after purchasing an additional 659 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its stake in shares of Monolithic Power Systems by 52.6% in the 1st quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock worth $379,000 after purchasing an additional 225 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Monolithic Power Systems Stock Performance

Shares of MPWR stock traded down $6.24 during trading on Friday, hitting $834.14. 329,688 shares of the company were exchanged, compared to its average volume of 471,037. The firm has a market capitalization of $39.95 billion, a price-to-earnings ratio of 21.72, a P/E/G ratio of 3.13 and a beta of 1.23. The business's 50-day simple moving average is $794.18 and its 200 day simple moving average is $686.83. Monolithic Power Systems, Inc. has a twelve month low of $438.86 and a twelve month high of $954.00.

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

Monolithic Power Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $1.56 dividend. 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 payout ratio is 16.25%.

Insider Buying and Selling at Monolithic Power Systems

In other Monolithic Power Systems news, Director Jeff Zhou sold 193 shares of Monolithic Power Systems stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total value of $167,910.00. Following the completion of the sale, the director directly owned 5,611 shares in the company, valued at $4,881,570. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the sale, the executive vice president owned 121,605 shares of the company's stock, valued at $94,851,900. This trade represents a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 52,792 shares of company stock worth $41,066,150 over the last ninety days. 3.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MPWR. Oppenheimer reaffirmed an "outperform" rating and issued a $800.00 price objective (up previously from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. Needham & Company LLC lifted their target price on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Loop Capital lifted their target price on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company lifted their target price on shares of 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. One research 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 currently has a consensus rating of "Moderate Buy" and a consensus price target 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.