Collaborative Fund Advisors LLC Purchases New Shares in Monolithic Power Systems, Inc. $MPWR

Collaborative Fund Advisors LLC purchased a new stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 939 shares of the semiconductor company’s stock, valued at approximately $1,265,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Monolithic Power Systems in the second quarter worth $7,727,289,000. Bank of America Corp DE bought a new stake in shares of Monolithic Power Systems during the 2nd quarter valued at $741,271,000. Legal & General Group Plc bought a new stake in shares of Monolithic Power Systems during the 2nd quarter valued at $497,561,000. Royal Bank of Canada boosted its holdings in shares of Monolithic Power Systems by 168.1% during the 1st quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company’s stock valued at $517,557,000 after buying an additional 296,788 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Monolithic Power Systems in the 2nd quarter worth about $402,414,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. KeyCorp boosted their price objective on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Zacks Research upgraded shares of Monolithic Power Systems from a “hold” rating to a “strong-buy” rating in a report on Monday. Wall Street Zen raised shares of Monolithic Power Systems from a “hold” rating to a “buy” rating in a research note on Sunday, October 25th. Finally, Oppenheimer decreased their target price on shares of Monolithic Power Systems from $1,700.00 to $1,500.00 and set an “outperform” rating for the company in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Monolithic Power Systems currently has a consensus rating of “Buy” and a consensus price target of $1,783.77.

Get Our Latest Research Report on MPWR

Monolithic Power Systems Stock Performance

Shares of NASDAQ MPWR opened at $1,261.08 on Thursday. The firm’s 50 day moving average price is $1,273.25 and its 200-day moving average price is $1,314.60. The company has a market cap of $61.97 billion, a PE ratio of 69.87 and a beta of 1.71. Monolithic Power Systems, Inc. has a 52-week low of $833.18 and a 52-week high of $1,714.09.

Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $8.19 EPS for the quarter, beating analysts’ consensus estimates of $7.79 by $0.40. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Monolithic Power Systems had a net margin of 23.85% and a return on equity of 25.23%. The business’s revenue for the quarter was up 63.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.73 earnings per share. On average, analysts forecast that Monolithic Power Systems, Inc. will post 24.23 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $2.00 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $8.00 annualized dividend and a yield of 0.6%. Monolithic Power Systems’s dividend payout ratio is 44.17%.

Insider Buying and Selling

In other Monolithic Power Systems news, Director Kuo Wei Chang sold 50 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $1,281.57, for a total transaction of $64,078.50. Following the sale, the director directly owned 515 shares in the company, valued at approximately $660,008.55. This trade represents a 8.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.60% of the company’s stock.

Monolithic Power Systems News Roundup

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

  • Positive Sentiment: Zacks Research upgraded MPWR from “hold” to “strong buy.” Zacks Research recommendations
  • Positive Sentiment: Recent coverage highlighted a quarterly earnings beat, driven by demand for AI infrastructure and communications products. The company reported $8.19 in earnings per share against a $7.79 estimate, and revenue of $1.20 billion versus expectations of $1.16 billion. MPWR Q3 earnings beat
  • Positive Sentiment: AI-related enterprise data sales and demand for power modules are supporting growth, while capacity expansion could help the company meet demand. AI power demand and enterprise data sales
  • Neutral Sentiment: An article ranked Monolithic Power seventh among large-cap technology stocks reportedly backed by billionaire investors, though such rankings alone do not establish near-term buying demand. Large-cap technology stocks backed by billionaires
  • Negative Sentiment: Rosen Law Firm says it is investigating potential fiduciary-duty breaches by company directors and officers. The notice reports an investigation, not a finding of wrongdoing, but may add uncertainty for investors. Rosen Law Firm investigation notice
  • Negative Sentiment: Analyst commentary notes that MPWR has recently declined despite AI demand and rising earnings estimates, citing its premium valuation and operating risks as reasons for caution. Valuation and operating risks

Monolithic Power Systems Company Profile

(Free Report)

Monolithic Power Systems, Inc (NASDAQ: MPWR) is a semiconductor company that designs, develops and markets high-performance power-management solutions. Its products help regulate, convert, distribute and control electrical power in electronic systems, supporting applications that require efficient and reliable power delivery.

The company’s portfolio includes integrated circuits, power modules, battery-management products, motor drivers, LED drivers and related analog and mixed-signal semiconductor solutions.

See Also

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Institutional Ownership by Quarter for Monolithic Power Systems (NASDAQ:MPWR)

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