Torray Investment Partners LLC Purchases 454 Shares of Monolithic Power Systems, Inc. $MPWR

Torray Investment Partners LLC lifted its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 12.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,169 shares of the semiconductor company’s stock after purchasing an additional 454 shares during the quarter. Torray Investment Partners LLC’s holdings in Monolithic Power Systems were worth $5,617,000 at the end of the most recent reporting period.

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

Monolithic Power Systems Trading Up 6.8%

Shares of 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 firm’s 50-day moving average price is $1,274.12 and its 200-day moving average price is $1,313.34. The stock has a market capitalization of $65.27 billion, a price-to-earnings ratio of 73.35 and a beta of 1.71.

Monolithic Power Systems (NASDAQ:MPWR) last released its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $8.19 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.16 billion. During the same quarter last year, the business posted $4.73 earnings per share. The firm’s revenue was up 63.1% on a year-over-year basis. On average, equities analysts predict that Monolithic Power Systems, Inc. will post 24.23 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, September 30th. Monolithic Power Systems’s dividend payout ratio (DPR) is presently 44.17%.

Monolithic Power Systems News Roundup

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?

Wall Street Analyst Weigh In

A number of analysts have issued reports on MPWR shares. Arete Research started coverage on Monolithic Power Systems in a research note on Thursday, August 20th. They issued a “buy” rating and a $2,013.00 price objective on the stock. Wells Fargo & Company lowered their target price on 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. Needham & Company LLC reissued a “buy” rating on shares of Monolithic Power Systems in a report on Friday. TD Cowen reissued a “buy” rating on shares of Monolithic Power Systems in a report on Friday. Finally, KeyCorp boosted their price target on shares of Monolithic Power Systems from $2,000.00 to $2,100.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. 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 MarketBeat, Monolithic Power Systems presently has a consensus rating of “Moderate Buy” and an average price target of $1,783.77.

Insider Activity

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 stock was sold at an average price of $1,281.57, for a total value of $64,078.50. Following the completion of the transaction, the director owned 515 shares in the company, valued at approximately $660,008.55. The trade was a 8.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.60% of the stock is owned by insiders.

Monolithic Power Systems 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.