454 Monolithic Power Systems, Inc. $MPWR Shares Purchased by Torray Investment Partners LLC

Torray Investment Partners LLC grew its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 12.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,169 shares of the semiconductor company’s stock after buying an additional 454 shares during the period. Torray Investment Partners LLC’s holdings in Monolithic Power Systems were worth $5,617,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Monolithic Power Systems in the 2nd quarter worth approximately $7,727,289,000. State Street Corp raised its stake in Monolithic Power Systems by 4.3% during the 2nd quarter. State Street Corp now owns 2,282,186 shares of the semiconductor company’s stock worth $3,159,219,000 after acquiring an additional 93,732 shares during the period. Van ECK Associates Corp lifted its holdings in Monolithic Power Systems by 42.3% during the second quarter. Van ECK Associates Corp now owns 746,237 shares of the semiconductor company’s stock valued at $1,031,568,000 after purchasing an additional 221,666 shares in the last quarter. Bank of America Corp DE purchased a new position in Monolithic Power Systems during the second quarter valued at approximately $741,271,000. Finally, Royal Bank of Canada lifted its holdings in Monolithic Power Systems by 168.1% during the first quarter. Royal Bank of Canada now owns 473,368 shares of the semiconductor company’s stock valued at $517,557,000 after purchasing an additional 296,788 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MPWR has been the subject of a number of recent analyst reports. Wells Fargo & Company dropped their price target 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 report on Tuesday, October 20th. Zacks Research cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Needham & Company LLC restated 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 note on Thursday, October 8th. Finally, Oppenheimer lowered their target price on shares of Monolithic Power Systems from $1,700.00 to $1,500.00 and set an “outperform” rating on the stock in a research note on Friday, October 23rd. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,783.77.

Trending Headlines about Monolithic Power Systems

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?

Insider Transactions at Monolithic Power Systems

In other news, Director Kuo Wei Chang sold 50 shares of Monolithic Power Systems stock in a transaction that occurred 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 sale, the director owned 515 shares in the company, valued at $660,008.55. This trade represents a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.60% of the stock is currently owned by company insiders.

Monolithic Power Systems Trading Up 6.8%

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

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

Monolithic Power Systems Announces Dividend

The business also recently disclosed 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. This represents a $8.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is 44.17%.

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.