Lansforsakringar Fondforvaltning AB publ Lowers Holdings in Monolithic Power Systems, Inc. $MPWR

Lansforsakringar Fondforvaltning AB publ decreased its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 0.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,051 shares of the semiconductor company’s stock after selling 52 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Monolithic Power Systems were worth $9,309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Monolithic Power Systems by 13.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,719 shares of the semiconductor company’s stock worth $2,157,000 after purchasing an additional 438 shares in the last quarter. OneDigital Investment Advisors LLC bought a new stake in shares of Monolithic Power Systems in the 1st quarter worth $204,000. Praxis Investment Management Inc. bought a new stake in shares of Monolithic Power Systems in the 1st quarter worth $980,000. Jackson Wealth Management LLC increased its holdings in shares of Monolithic Power Systems by 29.5% in the 1st quarter. Jackson Wealth Management LLC now owns 2,896 shares of the semiconductor company’s stock worth $1,680,000 after purchasing an additional 659 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in shares of Monolithic Power Systems by 52.6% in the 1st quarter. DAVENPORT & Co LLC now owns 653 shares of the semiconductor company’s stock worth $379,000 after purchasing an additional 225 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on MPWR. KeyCorp lifted their target price on Monolithic Power Systems from $940.00 to $950.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Loop Capital lifted their target price on Monolithic Power Systems from $760.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Citigroup reissued a “buy” rating and issued a $825.00 target price (up previously from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. Wells Fargo & Company lifted their price objective on Monolithic Power Systems from $730.00 to $750.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Finally, William Blair raised Monolithic Power Systems to a “strong-buy” rating in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Monolithic Power Systems currently has a consensus rating of “Moderate Buy” and an average target price of $838.09.

Insiders Place Their Bets

In other news, CFO Theodore Blegen sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $750.00, for a total transaction of $2,250,000.00. Following the transaction, the chief financial officer owned 43,939 shares of the company’s stock, valued at approximately $32,954,250. This represents a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Deming Xiao sold 39,999 shares of the company’s 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 directly owned 121,605 shares in the company, valued at approximately $94,851,900. This represents a 24.75% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 49,792 shares of company stock valued at $38,623,130 over the last ninety days. 3.40% of the stock is owned by insiders.

Monolithic Power Systems Stock Performance

NASDAQ MPWR opened at $835.76 on Friday. The business’s fifty day moving average is $772.40 and its 200 day moving average is $675.49. Monolithic Power Systems, Inc. has a fifty-two week low of $438.86 and a fifty-two week high of $959.64. The company has a market capitalization of $40.02 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 3.20 and a beta of 1.18.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating the consensus estimate of $4.12 by $0.09. The business had revenue of $664.57 million for the quarter, compared to the consensus estimate of $648.74 million. Monolithic Power Systems had a return on equity of 19.14% and a net margin of 73.17%.The business’s revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the business earned $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current year.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 30th. Monolithic Power Systems’s payout ratio is presently 16.25%.

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.