Voya Investment Management LLC Has $101.63 Million Stock Position in Monolithic Power Systems, Inc. $MPWR

Voya Investment Management LLC trimmed its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 11.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,229 shares of the semiconductor company’s stock after selling 23,275 shares during the quarter. Voya Investment Management LLC owned approximately 0.37% of Monolithic Power Systems worth $101,629,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of Monolithic Power Systems by 13.3% in the first 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 purchased a new stake in shares of Monolithic Power Systems in the first quarter worth approximately $204,000. Praxis Investment Management Inc. purchased a new stake in shares of Monolithic Power Systems in the first quarter worth approximately $980,000. Jackson Wealth Management LLC lifted its position in shares of Monolithic Power Systems by 29.5% in the first 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 lifted its position in shares of Monolithic Power Systems by 52.6% in the first 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. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Monolithic Power Systems Trading Down 0.7%

Shares of Monolithic Power Systems stock opened at $834.14 on Friday. The company’s fifty day simple moving average is $794.18 and its 200-day simple moving average is $686.83. The company has a market cap of $39.95 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 3.13 and a beta of 1.23. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, topping 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 net margin of 73.17% and a return on equity of 19.14%. Monolithic Power Systems’s quarterly revenue was up 31.0% on a year-over-year basis. During the same quarter last year, the company posted $3.17 earnings per share. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Announces Dividend

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

Insiders Place Their Bets

In other news, CFO Theodore Blegen sold 3,000 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $814.34, for a total value of $2,443,020.00. Following the sale, the chief financial officer owned 40,939 shares in the company, valued at approximately $33,338,265.26. The trade was a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeff Zhou sold 193 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total transaction of $167,910.00. Following the completion of the sale, the director owned 5,611 shares in the company, valued at $4,881,570. This represents a 3.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,792 shares of company stock worth $41,066,150 over the last 90 days. Corporate insiders own 3.40% of the company’s stock.

Analyst Upgrades and Downgrades

MPWR has been the topic of several recent research reports. Citigroup reaffirmed a “buy” rating and set a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Oppenheimer reissued an “outperform” rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. Raymond James Financial reissued an “outperform” rating and issued a $875.00 price target (up previously from $720.00) on shares of Monolithic Power Systems in a research report on Friday, August 1st. Rosenblatt Securities reissued a “neutral” rating and issued a $800.00 price target on shares of Monolithic Power Systems in a research report on Friday, August 1st. Finally, Needham & Company LLC lifted their price target on shares of Monolithic Power Systems from $800.00 to $820.00 and gave the company a “buy” rating in a research report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $838.09.

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.