Vantage Investment Partners LLC grew its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 8.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,536 shares of the semiconductor company's stock after buying an additional 3,768 shares during the quarter. Monolithic Power Systems accounts for 2.5% of Vantage Investment Partners LLC's holdings, making the stock its 18th largest holding. Vantage Investment Partners LLC owned about 0.10% of Monolithic Power Systems worth $34,767,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in Monolithic Power Systems by 13.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company's stock valued at $2,157,000 after purchasing an additional 438 shares during the period. OneDigital Investment Advisors LLC purchased a new position in Monolithic Power Systems during the first quarter valued at approximately $204,000. Praxis Investment Management Inc. bought a new position in Monolithic Power Systems in the first quarter worth approximately $980,000. Jackson Wealth Management LLC lifted its holdings in Monolithic Power Systems by 29.5% during the first quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company's stock worth $1,680,000 after buying an additional 659 shares during the period. Finally, DAVENPORT & Co LLC boosted its position in Monolithic Power Systems by 52.6% during the 1st quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company's stock valued at $379,000 after acquiring an additional 225 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.
Insider Buying and Selling
In related news, EVP Saria Tseng sold 14,510 shares of the company's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $914.45, for a total value of $13,268,669.50. Following the completion of the transaction, the executive vice president owned 144,494 shares of the company's stock, valued at approximately $132,132,538.30. This represents a 9.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the transaction, the executive vice president owned 121,605 shares in the company, valued at $94,851,900. This represents a 24.75% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 65,702 shares of company stock valued at $53,834,480 in the last ninety days. Company insiders own 3.40% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on MPWR shares. Oppenheimer restated an "outperform" rating and set a $800.00 price objective (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Citigroup increased their price target on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the company a "buy" rating in a research report on Friday. KeyCorp lifted their price objective on shares of Monolithic Power Systems from $950.00 to $1,050.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 30th. Stifel Nicolaus increased their target price on shares of Monolithic Power Systems from $880.00 to $930.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Raymond James Financial restated an "outperform" rating and issued a $875.00 target price (up from $720.00) on shares of Monolithic Power Systems in a research note on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Monolithic Power Systems presently has an average rating of "Moderate Buy" and a consensus target price of $880.50.
Read Our Latest Research Report on Monolithic Power Systems
Monolithic Power Systems Stock Down 1.3%
Monolithic Power Systems stock opened at $918.83 on Monday. The business's 50-day moving average price is $846.21 and its 200 day moving average price is $719.29. The firm has a market cap of $44.00 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 3.42 and a beta of 1.27. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $954.81.
Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business's quarterly revenue was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. Equities analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.
Monolithic Power Systems Announces Dividend
The company also recently declared 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. This represents a $6.24 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems's dividend payout ratio (DPR) is currently 16.25%.
About Monolithic Power Systems
(
Free Report)
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.
Further Reading
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