Monolithic Power Systems, Inc. $MPWR Stock Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 13.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,486 shares of the semiconductor company’s stock after purchasing an additional 2,445 shares during the period. Rakuten Investment Management Inc.’s holdings in Monolithic Power Systems were worth $27,779,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Third View Private Wealth LLC raised its holdings in Monolithic Power Systems by 107.8% during the third quarter. Third View Private Wealth LLC now owns 534 shares of the semiconductor company’s stock valued at $719,000 after acquiring an additional 277 shares during the period. Provenance Wealth Advisors LLC boosted its stake in shares of Monolithic Power Systems by 320.0% in the third quarter. Provenance Wealth Advisors LLC now owns 126 shares of the semiconductor company’s stock worth $170,000 after acquiring an additional 96 shares during the period. Integrity Alliance LLC. bought a new position in shares of Monolithic Power Systems in the third quarter worth about $259,000. Stiles Financial Services Inc boosted its stake in shares of Monolithic Power Systems by 0.8% in the third quarter. Stiles Financial Services Inc now owns 2,806 shares of the semiconductor company’s stock worth $3,780,000 after acquiring an additional 23 shares during the period. Finally, IPG Investment Advisors LLC grew its holdings in Monolithic Power Systems by 24.1% during the 3rd quarter. IPG Investment Advisors LLC now owns 1,485 shares of the semiconductor company’s stock valued at $2,004,000 after buying an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Activity at Monolithic Power Systems

In other news, Director Kuo Wei Chang sold 50 shares of the stock in a transaction that occurred 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 completion of the transaction, the director directly owned 515 shares in the company, valued at approximately $660,008.55. This represents a 8.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.60% of the company’s stock.

Monolithic Power Systems Trading Up 6.8%

NASDAQ:MPWR opened at $1,328.30 on Wednesday. The company has a market capitalization of $65.27 billion, a P/E ratio of 73.35 and a beta of 1.71. Monolithic Power Systems, Inc. has a 12 month low of $833.18 and a 12 month high of $1,714.09. The business’s 50-day moving average is $1,274.12 and its 200 day moving average is $1,313.34.

Monolithic Power Systems (NASDAQ:MPWR) last announced 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 company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.16 billion. Monolithic Power Systems had a return on equity of 25.23% and a net margin of 23.85%. The firm’s revenue was up 63.1% on a year-over-year basis. During the same period in the prior year, the company earned $4.73 earnings per share. On average, research analysts forecast that Monolithic Power Systems, Inc. will post 24.23 earnings per share for the current year.

Monolithic Power Systems Announces Dividend

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

Monolithic Power Systems News Summary

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

• Positive Sentiment: MPWR’s third-quarter earnings and revenue beat estimates, with results supported by demand for AI infrastructure and communications products. The company also raised growth expectations and is expanding capacity. MPWR Q3 Earnings Beat on AI Infrastructure and Communications Demand
• Positive Sentiment: AI-related momentum is also reflected in the company’s Enterprise Data business, with sales reportedly surging 164.6% and demand for power modules increasing. Rising earnings estimates and capacity investment add to the growth case. MPWR’s AI Power Boom Accelerates as Enterprise Data Sales Surge 164.6%
• Positive Sentiment: Monolithic Power ranked seventh on a list of large-cap technology stocks backed by billionaire investors, which may reinforce investor interest, though the ranking itself is not a company-specific catalyst. 25 Billionaire Investors Back This Large Cap Tech Stock: Is It a Buy?
• Negative Sentiment: Rosen Law Firm announced an investigation into potential fiduciary-duty breaches by company directors and officers. The announcement does not establish wrongdoing, but it could create a near-term headline overhang. Rosen Law Firm Announces Investigation
• Negative Sentiment: Valuation remains a risk: MPWR recently fell despite strong AI demand and rising estimates, and its premium multiple and operating risks may limit upside. Growing reliance on data-center demand also increases exposure to that market’s cycles. MPWR Fell 15.9% in the Past Month. Is the Weakness a Buying Chance?

Analyst Ratings Changes

Several equities research analysts have recently issued reports on MPWR shares. Needham & Company LLC reiterated a “buy” rating on shares of Monolithic Power Systems in a research report on Friday. Weiss Ratings upgraded shares of Monolithic Power Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Raymond James Financial reaffirmed an “outperform” rating on shares of Monolithic Power Systems in a research note on Wednesday, August 12th. Wells Fargo & Company cut their target price on shares of Monolithic Power Systems from $1,800.00 to $1,550.00 and set an “overweight” rating for the company in a research note on Tuesday, October 20th. Finally, Zacks Research downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and an average price target of $1,783.77.

Monolithic Power Systems Company Profile

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.