Vaughan Nelson Investment Management L.P. Buys 16,019 Shares of Monolithic Power Systems, Inc. $MPWR

Key Points

• Vaughan Nelson Investment Management L.P. increased its stake in Monolithic Power Systems by 6.3%, acquiring an additional 16,019 shares, which now constitute approximately 1.9% of its portfolio.
• The company recently announced a quarterly dividend of $1.56 per share, with a yield of 0.7%, set to be paid on October 15th.
• Monolithic Power Systems exceeded analysts' expectations in its last quarterly earnings, reporting an EPS of $4.21 compared to an estimated $4.12, and achieving a 31.0% year-over-year revenue growth.

Vaughan Nelson Investment Management L.P. grew its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 6.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 272,047 shares of the semiconductor company's stock after buying an additional 16,019 shares during the quarter. Monolithic Power Systems makes up approximately 1.9% of Vaughan Nelson Investment Management L.P.'s portfolio, making the stock its 10th largest position. Vaughan Nelson Investment Management L.P. owned approximately 0.57% of Monolithic Power Systems worth $198,970,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WPG Advisers LLC acquired a new position in shares of Monolithic Power Systems in the first quarter worth about $27,000. SouthState Corp acquired a new position in shares of Monolithic Power Systems in the first quarter worth about $33,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Monolithic Power Systems in the second quarter worth about $36,000. Meeder Asset Management Inc. boosted its holdings in shares of Monolithic Power Systems by 146.4% in the first quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after buying an additional 41 shares during the period. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock worth $48,000 after buying an additional 49 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 other Monolithic Power Systems news, Director Jeff Zhou sold 400 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $850.00, for a total transaction of $340,000.00. Following the transaction, the director owned 5,804 shares in the company, valued at $4,933,400. This trade represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Deming Xiao sold 39,999 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were 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 approximately $94,851,900. This trade represents a 24.75% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,702 shares of company stock valued at $53,834,480. 3.40% of the stock is owned by company insiders.

Monolithic Power Systems Stock Performance

NASDAQ:MPWR opened at $918.83 on Friday. The stock's 50 day moving average price is $846.21 and its 200 day moving average price is $717.91. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $954.81. The company has a market capitalization of $44.00 billion, a P/E ratio of 23.93, a P/E/G ratio of 3.47 and a beta of 1.27.

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 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 firm had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. During the same quarter in the prior year, the company posted $3.17 earnings per share. The firm's revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, sell-side 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 business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued 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 16.25%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Oppenheimer reissued an "outperform" rating and issued a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Wells Fargo & Company increased their price target 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. Citigroup increased their price target on shares of Monolithic Power Systems from $825.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Friday. Needham & Company LLC increased their price target on shares of Monolithic Power Systems from $820.00 to $1,025.00 and gave the stock a "buy" rating in a research report on Monday. Finally, KeyCorp increased their price target 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Monolithic Power Systems currently has an average rating of "Moderate Buy" and a consensus target price of $880.50.

Monolithic Power Systems 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.