277 Shares in Monolithic Power Systems, Inc. $MPWR Purchased by Corundum Group Inc.

Corundum Group Inc. bought a new position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 277 shares of the semiconductor company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its position in Monolithic Power Systems by 46.0% during the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company’s stock valued at $376,000 after acquiring an additional 200 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Monolithic Power Systems by 3.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,281 shares of the semiconductor company’s stock valued at $1,942,000 after acquiring an additional 101 shares in the last quarter. Merit Financial Group LLC purchased a new position in Monolithic Power Systems during the first quarter valued at approximately $492,000. Thurston Springer Miller Herd & Titak Inc. raised its position in Monolithic Power Systems by 11.1% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 429 shares of the semiconductor company’s stock valued at $249,000 after acquiring an additional 43 shares in the last quarter. Finally, Vest Financial LLC raised its position in Monolithic Power Systems by 4,622.6% during the first quarter. Vest Financial LLC now owns 16,293 shares of the semiconductor company’s stock valued at $9,450,000 after acquiring an additional 15,948 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Needham & Company LLC lifted their price target on Monolithic Power Systems from $820.00 to $1,025.00 and gave the company a “buy” rating in a research report on Monday. Wells Fargo & Company lifted their price target on Monolithic Power Systems from $730.00 to $750.00 and gave the company an “equal weight” rating in a research report on Friday, August 1st. Oppenheimer reiterated an “outperform” rating and set a $800.00 price target (up from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Rosenblatt Securities reiterated a “neutral” rating and set a $800.00 price target on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, William Blair upgraded Monolithic Power Systems to a “strong-buy” rating in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $880.50.

Monolithic Power Systems Price Performance

Monolithic Power Systems stock opened at $918.83 on Friday. The business has a 50 day simple moving average of $846.21 and a 200-day simple moving average of $717.91. The stock has a market capitalization of $44.00 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 3.47 and a beta of 1.27. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $954.81.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $0.09. The firm had revenue of $664.57 million for the quarter, compared to analyst estimates 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 company posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $1.56 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. Monolithic Power Systems’s payout ratio is currently 16.25%.

Insider Transactions at Monolithic Power Systems

In other news, EVP Deming Xiao sold 39,999 shares of Monolithic Power Systems stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $780.00, for a total value of $31,199,220.00. Following the sale, the executive vice president directly owned 121,605 shares of the company’s stock, valued at $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Saria Tseng sold 14,510 shares of Monolithic Power Systems stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $914.45, for a total value of $13,268,669.50. Following the completion of the sale, the executive vice president directly owned 144,494 shares in the company, valued at $132,132,538.30. This represents a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,702 shares of company stock valued at $53,834,480. Insiders own 3.40% of the company’s stock.

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.