Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 111,087 shares of the semiconductor company’s stock, valued at approximately $149,659,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.23% of Monolithic Power Systems as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in MPWR. WestEnd Advisors LLC boosted its holdings in Monolithic Power Systems by 2,000.0% during the third quarter. WestEnd Advisors LLC now owns 21 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 20 shares during the last quarter. Transamerica Financial Advisors LLC bought a new position in Monolithic Power Systems in the second quarter valued at $35,000. Danske Bank A S bought a new position in Monolithic Power Systems in the second quarter valued at $36,000. Continuum Advisory LLC bought a new position in Monolithic Power Systems in the second quarter valued at $43,000. Finally, GK Wealth Management LLC acquired a new stake in Monolithic Power Systems in the 3rd quarter valued at $43,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts have commented on MPWR shares. Rosenblatt Securities raised shares of Monolithic Power Systems from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $1,575.00 to $1,700.00 in a research report on Friday. Zacks Research downgraded shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Oppenheimer decreased their price objective on Monolithic Power Systems from $1,700.00 to $1,500.00 and set an “outperform” rating for the company in a report on Friday, October 23rd. KeyCorp lifted their target price on Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Finally, TD Cowen reiterated a “buy” rating on shares of Monolithic Power Systems in a report on Friday. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,783.77.
Read Our Latest Report on Monolithic Power Systems
Monolithic Power Systems Stock Up 1.1%
NASDAQ:MPWR opened at $1,211.63 on Friday. The stock’s 50 day moving average price is $1,274.70 and its two-hundred day moving average price is $1,310.31. The firm has a market capitalization of $59.54 billion, a price-to-earnings ratio of 66.90 and a beta of 1.68. Monolithic Power Systems, Inc. has a 12-month low of $833.18 and a 12-month high of $1,714.09.
Monolithic Power Systems (NASDAQ:MPWR – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $8.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.79 by $0.40. Monolithic Power Systems had a return on equity of 25.29% and a net margin of 23.85%. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same period last year, the firm posted $4.73 earnings per share. The business’s revenue was up 63.1% on a year-over-year basis. Equities research analysts expect that Monolithic Power Systems, Inc. will post 23.95 EPS for the current year.
Monolithic Power Systems Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $2.00 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $8.00 annualized dividend and a yield of 0.7%. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 49.05%.
Trending Headlines about Monolithic Power Systems
Here are the key news stories impacting Monolithic Power Systems this week:
- Positive Sentiment: Strong Q3 results: Monolithic Power reported adjusted earnings of $8.19 per share and revenue of approximately $1.20 billion, exceeding consensus estimates of $7.79 per share and $1.16 billion. Revenue increased 63.1% year over year, while earnings rose 73.2%, reflecting powerful demand from enterprise data and artificial-intelligence customers. MPWR Q3 Earnings Surpass Estimates on Enterprise Data Strength
- Positive Sentiment: AI growth outlook improves: Management raised its 2026 enterprise-data growth outlook as AI-related demand accelerates. Capacity expansion and additional opportunities in communications and automotive could support continued revenue growth. The company also issued upbeat fourth-quarter guidance. MPWR Q3 Earnings Call Highlights AI Demand and Capacity Expansion
- Positive Sentiment: Analyst upgrades and targets: Rosenblatt Securities upgraded MPWR to “buy” and raised its target to $1,700 from $1,575. Truist Financial also maintained a “buy” rating and lifted its target to $1,906 from $1,889, signaling substantial expected upside based on the current quotation.
- Neutral Sentiment: Management changes: Tony Balow was appointed chief financial officer and Robert Dean chief accounting officer. The appointments may improve financial oversight, but leadership transitions can create near-term uncertainty. Monolithic Power Systems Announces CFO and CAO Appointments
- Negative Sentiment: Legal and fund-flow risks: Rosen Law Firm announced an investigation into potential fiduciary-duty breaches by MPWR directors and officers; no wrongdoing has been established. Separately, ETFs were reported as net sellers, which could add short-term selling pressure.
Insider Buying and Selling at Monolithic Power Systems
In other Monolithic Power Systems news, EVP Maurice Sciammas sold 30 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $1,343.94, for a total value of $40,318.20. Following the transaction, the executive vice president directly owned 1,119 shares in the company, valued at $1,503,868.86. The trade was a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kuo Wei Chang sold 50 shares of the company’s stock in a transaction on Monday, August 24th. The shares were 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 owned 515 shares in the company, valued at approximately $660,008.55. This represents a 8.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130 shares of company stock valued at $175,397 in the last ninety days. Insiders own 3.60% of the company’s stock.
About Monolithic Power Systems
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.
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