Nicholas Investment Partners LP increased its stake in Monolithic Power Systems by 0.8% in Q2.
Nicholas Investment Partners LP increased its holdings in Monolithic Power Systems (NASDAQ: MPWR) by 0.8% in Q2, now owning 35,487 shares. The company recently reported earnings of $3.17 per share, exceeding expectations, with revenue up 15% year-over-year. Institutional investors have also raised their stakes, contributing to the stock’s “Buy” ratings from several analysts. Monolithic Power has a market cap of $43.64 billion and an average price target of $912.30.
September 12, 2024
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