Vest Financial LLC Increases Stock Position in Monolithic Power Systems, Inc. $MPWR

Key Points

• Vest Financial LLC significantly increased its stake in Monolithic Power Systems, owning 32,385 shares after a 98.8% increase during Q2.
• Monolithic Power Systems reported $4.21 EPS for its latest quarter, surpassing analyst expectations and reflecting a revenue growth of 31% year-over-year.
• The company announced a quarterly $1.56 dividend to be paid on October 15, indicating a dividend yield of 0.7% with a payout ratio of 16.25%.

Vest Financial LLC lifted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 98.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,385 shares of the semiconductor company's stock after buying an additional 16,092 shares during the quarter. Vest Financial LLC owned about 0.07% of Monolithic Power Systems worth $23,686,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MPWR. Price T Rowe Associates Inc. MD lifted its stake in shares of Monolithic Power Systems by 33.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,034,731 shares of the semiconductor company's stock valued at $1,180,104,000 after buying an additional 506,430 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Monolithic Power Systems during the 1st quarter valued at approximately $105,751,000. BNP Paribas Financial Markets lifted its stake in shares of Monolithic Power Systems by 87.9% during the 1st quarter. BNP Paribas Financial Markets now owns 284,097 shares of the semiconductor company's stock valued at $164,771,000 after buying an additional 132,880 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Monolithic Power Systems by 26.5% during the 1st quarter. JPMorgan Chase & Co. now owns 629,566 shares of the semiconductor company's stock valued at $365,136,000 after buying an additional 132,078 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its stake in shares of Monolithic Power Systems by 70.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 314,449 shares of the semiconductor company's stock valued at $182,375,000 after buying an additional 130,394 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Monolithic Power Systems Price Performance

Shares of NASDAQ:MPWR opened at $904.44 on Monday. The company's fifty day moving average price is $867.96 and its 200-day moving average price is $731.35. The firm has a market capitalization of $43.32 billion, a price-to-earnings ratio of 23.55, a PEG ratio of 3.37 and a beta of 1.27. Monolithic Power Systems, Inc. has a one year low of $438.86 and a one year high of $990.25.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, topping analysts' consensus estimates of $4.12 by $0.09. The firm had revenue of $664.57 million for the quarter, compared to analyst estimates of $648.74 million. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The business's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.17 EPS. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $1.56 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems's dividend payout ratio is presently 16.25%.

Insider Transactions at Monolithic Power Systems

In related news, Director Carintia Martinez sold 1,400 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $900.00, for a total transaction of $1,260,000.00. Following the transaction, the director owned 878 shares of the company's stock, valued at approximately $790,200. This trade represents a 61.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Theodore Blegen sold 3,000 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $913.22, for a total transaction of $2,739,660.00. Following the transaction, the chief financial officer directly owned 37,940 shares in the company, valued at approximately $34,647,566.80. This represents a 7.33% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 65,702 shares of company stock worth $53,834,480. Company insiders own 3.40% of the company's stock.

Analysts Set New Price Targets

MPWR has been the topic of a number of recent research reports. Wells Fargo & Company upped their price target on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Weiss Ratings reiterated a "hold (c+)" rating on shares of Monolithic Power Systems in a research note on Wednesday, October 8th. Oppenheimer reiterated an "outperform" rating and issued a $800.00 target price (up from $700.00) on shares of Monolithic Power Systems in a research note on Tuesday, July 15th. Loop Capital increased 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 note on Wednesday, July 23rd. Finally, Raymond James Financial reiterated 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 issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $880.50.

About Monolithic Power Systems

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.

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