Daiichi Life Insurance Co. Ltd. Buys New Position in Microchip Technology Incorporated $MCHP

Posted by Francis Steltz on Aug 24th, 2026

Daiichi Life Insurance Co. Ltd. bought a new stake in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 22,076 shares of the semiconductor company’s stock, valued at approximately $2,013,000.

Several other institutional investors also recently bought and sold shares of the company. Continuum Advisory LLC purchased a new stake in Microchip Technology during the 2nd quarter worth approximately $30,000. Johnson Financial Group Inc. acquired a new stake in Microchip Technology during the 2nd quarter worth approximately $31,000. Rakuten Securities Inc. purchased a new position in Microchip Technology in the 2nd quarter valued at approximately $34,000. EFG International AG purchased a new position in Microchip Technology in the 4th quarter valued at approximately $29,000. Finally, Miller Capital Partners Inc. acquired a new position in shares of Microchip Technology in the fourth quarter worth $29,000. 91.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MCHP shares. Barclays upped their price objective on Microchip Technology from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. TD Cowen decreased their target price on Microchip Technology from $105.00 to $90.00 and set a “hold” rating for the company in a report on Monday, July 13th. JPMorgan Chase & Co. boosted their target price on Microchip Technology from $95.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Needham & Company LLC upped their price target on Microchip Technology from $84.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $120.00 price target on shares of Microchip Technology in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $98.67.

View Our Latest Research Report on MCHP

Microchip Technology Price Performance

Shares of MCHP opened at $76.08 on Monday. Microchip Technology Incorporated has a twelve month low of $48.52 and a twelve month high of $105.91. The firm’s fifty day simple moving average is $84.29 and its 200-day simple moving average is $81.51. The firm has a market capitalization of $41.31 billion, a price-to-earnings ratio of 113.55, a PEG ratio of 0.53 and a beta of 1.76. The company has a current ratio of 1.92, a quick ratio of 1.11 and a debt-to-equity ratio of 0.83.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.06. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.46 billion. Microchip Technology had a net margin of 9.34% and a return on equity of 14.97%. The company’s revenue was up 38.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 earnings per share. Microchip Technology has set its Q2 2027 guidance at 0.910-0.950 EPS. Equities analysts forecast that Microchip Technology Incorporated will post 3.16 EPS for the current fiscal year.

Microchip Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th will be given a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, August 24th. Microchip Technology’s dividend payout ratio is currently 271.64%.

Insider Transactions at Microchip Technology

In other news, CFO James Eric Bjornholt sold 837 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $80.26, for a total value of $67,177.62. Following the transaction, the chief financial officer owned 30,960 shares in the company, valued at approximately $2,484,849.60. This represents a 2.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Richard J. Simoncic sold 5,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $97.52, for a total value of $487,600.00. Following the sale, the chief operating officer directly owned 130,508 shares in the company, valued at $12,727,140.16. This trade represents a 3.69% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 8,837 shares of company stock valued at $847,338. 1.79% of the stock is currently 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.