Microchip Technology (NASDAQ:MCHP) Director Sells $954,800.00 in Stock

Posted by Brian Himes on May 21st, 2026

Microchip Technology Incorporated (NASDAQ:MCHP – Get Free Report) Director Matthew Chapman sold 10,000 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $95.48, for a total value of $954,800.00. Following the transaction, the director owned 20,665 shares of the company’s stock, valued at approximately $1,973,094.20. This trade represents a 32.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Microchip Technology Stock Down 3.1%

MCHP traded down $2.91 on Thursday, hitting $91.11. 8,593,825 shares of the company were exchanged, compared to its average volume of 9,745,035. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.18 and a current ratio of 2.09. The stock’s fifty day moving average is $78.26 and its 200-day moving average is $71.39. The company has a market cap of $49.30 billion, a PE ratio of 433.88, a PEG ratio of 0.97 and a beta of 1.75. Microchip Technology Incorporated has a 12 month low of $48.52 and a 12 month high of $105.91.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.07. The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the business posted $0.11 earnings per share. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. Equities research analysts predict that Microchip Technology Incorporated will post 2.58 EPS for the current fiscal year.

Microchip Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be paid a $0.455 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.82 dividend on an annualized basis and a yield of 2.0%. Microchip Technology’s dividend payout ratio is 866.67%.

Institutional Trading of Microchip Technology

A number of large investors have recently bought and sold shares of MCHP. Western Wealth Management LLC bought a new stake in shares of Microchip Technology during the first quarter valued at approximately $104,000. Oddo BHF Asset Management Sas bought a new stake in shares of Microchip Technology during the first quarter worth about $3,061,000. Strategic Investment Advisors MI increased its position in shares of Microchip Technology by 6.1% during the first quarter. Strategic Investment Advisors MI now owns 6,252 shares of the semiconductor company’s stock worth $404,000 after acquiring an additional 360 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Microchip Technology by 37.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,062 shares of the semiconductor company’s stock worth $327,000 after acquiring an additional 1,383 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Microchip Technology by 14.7% in the 1st quarter. Empowered Funds LLC now owns 59,518 shares of the semiconductor company’s stock worth $3,845,000 after acquiring an additional 7,631 shares during the last quarter. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on MCHP. Wall Street Zen raised Microchip Technology from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. lifted their price objective on shares of Microchip Technology from $95.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Argus upgraded Microchip Technology to a “strong-buy” rating in a research note on Monday, February 9th. KeyCorp reaffirmed an “overweight” rating and issued a $85.00 target price on shares of Microchip Technology in a report on Friday, February 6th. Finally, UBS Group lifted their price target on Microchip Technology from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Four analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Microchip Technology currently has an average rating of “Moderate Buy” and an average price target of $97.52.

Read Our Latest Stock Report on Microchip Technology

Microchip Technology Company Profile

(Get 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.