Monolithic Power Systems, Inc. $MPWR Shares Bought by CCM Investment Advisers LLC

CCM Investment Advisers LLC lifted its holdings in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 7.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,586 shares of the semiconductor company’s stock after purchasing an additional 525 shares during the period. CCM Investment Advisers LLC’s holdings in Monolithic Power Systems were worth $8,294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. State Street Corp boosted its holdings in Monolithic Power Systems by 2.1% during the fourth quarter. State Street Corp now owns 2,180,419 shares of the semiconductor company’s stock worth $1,979,610,000 after buying an additional 45,715 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Monolithic Power Systems by 3,719.6% in the fourth quarter. Corient Private Wealth LLC now owns 2,047,173 shares of the semiconductor company’s stock valued at $1,855,476,000 after buying an additional 1,993,576 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Monolithic Power Systems by 7.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,691,394 shares of the semiconductor company’s stock valued at $1,533,013,000 after acquiring an additional 117,596 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Monolithic Power Systems by 25.9% during the 4th quarter. Invesco Ltd. now owns 1,434,689 shares of the semiconductor company’s stock worth $1,300,345,000 after acquiring an additional 295,556 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Monolithic Power Systems by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 1,382,280 shares of the semiconductor company’s stock worth $1,248,436,000 after acquiring an additional 44,583 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MPWR shares. Oppenheimer set a $1,700.00 target price on Monolithic Power Systems in a research report on Friday, May 1st. Weiss Ratings upgraded Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. Raymond James Financial restated an “outperform” rating and set a $1,800.00 price objective on shares of Monolithic Power Systems in a report on Friday, May 1st. Wells Fargo & Company reduced their price objective on shares of Monolithic Power Systems from $1,860.00 to $1,700.00 and set an “overweight” rating for the company in a research note on Monday, July 20th. Finally, Citigroup reiterated a “buy” rating on shares of Monolithic Power Systems in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and an average price target of $1,657.27.

Key Stories Impacting Monolithic Power Systems

Here are the key news stories impacting Monolithic Power Systems this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Monolithic Power Systems reported adjusted earnings of $6.50 per share, versus the $5.87 consensus estimate, while revenue reached $980.64 million compared with expectations of $903.30 million. Earnings increased from $4.21 per share a year earlier, and revenue grew 47.6% year over year. Monolithic Power Systems beats expectations in strong Q2
• Positive Sentiment: Management’s Q3 revenue outlook was well above Wall Street’s forecast. The company guided for third-quarter revenue of approximately $1.1 billion to $1.2 billion, compared with the consensus estimate of about $980 million. The guidance suggests continued momentum and was a key catalyst for investor enthusiasm. Monolithic Power Systems quarterly earnings data
• Positive Sentiment: Investors are reassessing MPWR’s AI growth prospects. Coverage following the earnings report focuses on whether the company’s elevated earnings projections can strengthen its AI investment narrative. Strong results and forward guidance provide support for expectations of sustained demand from AI-related power-management applications. Could Monolithic Power Systems’ lofty earnings projections reframe its AI investment narrative?
• Neutral Sentiment: Additional analysis of the quarter’s operating metrics may help investors determine whether the beat reflects broad-based improvement or concentration in specific end markets. Monolithic Q2 earnings key metrics
• Negative Sentiment: A law firm is soliciting shareholders regarding possible fiduciary-duty issues involving company insiders. The notice does not establish wrongdoing, but such announcements can create short-term headline and reputational risk. Shareholder fiduciary-duty investigation notice

Monolithic Power Systems Stock Up 5.5%

Shares of Monolithic Power Systems stock opened at $1,317.56 on Friday. The stock has a market cap of $64.73 billion, a PE ratio of 94.99 and a beta of 1.71. Monolithic Power Systems, Inc. has a 12 month low of $706.00 and a 12 month high of $1,714.09. The business has a fifty day simple moving average of $1,443.86 and a 200-day simple moving average of $1,313.49.

Monolithic Power Systems (NASDAQ:MPWR) last posted its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $6.50 EPS for the quarter, beating the consensus estimate of $5.87 by $0.63. Monolithic Power Systems had a net margin of 22.84% and a return on equity of 19.58%. The business had revenue of $980.64 million for the quarter, compared to analysts’ expectations of $903.30 million. During the same period in the previous year, the company posted $4.21 EPS. Monolithic Power Systems’s revenue was up 47.6% on a year-over-year basis. Analysts expect that Monolithic Power Systems, Inc. will post 20.2 EPS for the current fiscal year.

Monolithic Power Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $2.00 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $8.00 dividend on an annualized basis and a yield of 0.6%. Monolithic Power Systems’s payout ratio is 57.68%.

Insider Transactions at Monolithic Power Systems

In other news, EVP Saria Tseng sold 7,565 shares of Monolithic Power Systems stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $1,700.00, for a total transaction of $12,860,500.00. Following the completion of the sale, the executive vice president directly owned 144,218 shares in the company, valued at $245,170,600. The trade was a 4.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eugen J. Elmiger sold 12,000 shares of Monolithic Power Systems stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $1,584.96, for a total value of $19,019,520.00. Following the sale, the director owned 5,402 shares of the company’s stock, valued at approximately $8,561,953.92. This represents a 68.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 69,370 shares of company stock valued at $112,702,503. Corporate insiders own 3.60% of the company’s stock.

Monolithic Power Systems Company Profile

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC?DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC?DC power solutions.