Leeward Investments LLC MA Sells 7,751 Shares of Microchip Technology Incorporated $MCHP

Posted by Geri Gentry on Jun 24th, 2026

Leeward Investments LLC MA lowered its stake in Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 3.3% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 224,409 shares of the semiconductor company’s stock after selling 7,751 shares during the period. Leeward Investments LLC MA’s holdings in Microchip Technology were worth $14,499,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MCHP. Krilogy Financial LLC boosted its stake in Microchip Technology by 22.7% in the 1st quarter. Krilogy Financial LLC now owns 9,370 shares of the semiconductor company’s stock worth $605,000 after purchasing an additional 1,732 shares in the last quarter. Novare Capital Management LLC grew its position in Microchip Technology by 1.0% during the 1st quarter. Novare Capital Management LLC now owns 129,829 shares of the semiconductor company’s stock valued at $8,388,000 after purchasing an additional 1,314 shares during the last quarter. Evolve Private Wealth LLC increased its stake in Microchip Technology by 121.1% during the 1st quarter. Evolve Private Wealth LLC now owns 6,997 shares of the semiconductor company’s stock valued at $452,000 after purchasing an additional 3,833 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in Microchip Technology during the 1st quarter valued at about $45,727,000. Finally, BI Asset Management Fondsmaeglerselskab A S raised its holdings in Microchip Technology by 14.5% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 29,906 shares of the semiconductor company’s stock worth $1,932,000 after buying an additional 3,790 shares during the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Microchip Technology Stock Down 9.2%

MCHP opened at $93.26 on Wednesday. The company has a current ratio of 2.09, a quick ratio of 1.18 and a debt-to-equity ratio of 0.85. Microchip Technology Incorporated has a 1-year low of $48.52 and a 1-year high of $105.91. The company has a market capitalization of $50.55 billion, a PE ratio of 444.12, a PEG ratio of 1.08 and a beta of 1.73. The firm’s 50 day simple moving average is $91.98 and its two-hundred day simple moving average is $77.91.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.07. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.26 billion. Microchip Technology had a net margin of 4.88% and a return on equity of 10.87%. The company’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.11 EPS. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. As a group, equities analysts forecast that Microchip Technology Incorporated will post 2.59 EPS for the current year.

Microchip Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a $0.455 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.82 annualized dividend and a dividend yield of 2.0%. Microchip Technology’s dividend payout ratio (DPR) is 866.67%.

Wall Street Analysts Forecast Growth

MCHP has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price target on shares of Microchip Technology from $75.00 to $95.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $125.00 price objective on shares of Microchip Technology in a research report on Wednesday, May 13th. Barclays increased their target price on Microchip Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Citigroup lifted their target price on Microchip Technology from $91.00 to $113.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Weiss Ratings raised Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $98.18.

Get Our Latest Stock Report on Microchip Technology

Insider Buying and Selling

In other news, CFO James Eric Bjornholt sold 3,667 shares of Microchip Technology stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $90.87, for a total transaction of $333,220.29. Following the transaction, the chief financial officer directly owned 28,573 shares of the company’s stock, valued at $2,596,428.51. The trade was a 11.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Richard J. Simoncic sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $97.52, for a total value of $487,600.00. Following the transaction, the chief operating officer owned 130,508 shares of the company’s stock, valued at approximately $12,727,140.16. This trade represents a 3.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 553,302 shares of company stock worth $49,673,635 over the last ninety days. 1.94% of the stock is owned by corporate insiders.

Microchip Technology Profile

(Free Report)

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.