Microchip Technology (NASDAQ:MCHP) CFO James Eric Bjornholt Sells 3,667 Shares

Posted by Brenda Bartman on May 26th, 2026

Microchip Technology Incorporated (NASDAQ:MCHP – Get Free Report) CFO James Eric Bjornholt sold 3,667 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $90.87, for a total value of $333,220.29. Following the transaction, the chief financial officer owned 28,573 shares in the company, valued at approximately $2,596,428.51. This trade represents a 11.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Microchip Technology Trading Up 4.9%

Shares of MCHP stock traded up $4.62 on Tuesday, reaching $98.05. The company had a trading volume of 13,086,111 shares, compared to its average volume of 9,769,647. The company has a current ratio of 2.09, a quick ratio of 1.18 and a debt-to-equity ratio of 0.85. The stock has a market cap of $53.06 billion, a PE ratio of 466.93, a PEG ratio of 0.98 and a beta of 1.75. The company has a 50-day moving average of $80.15 and a 200-day moving average of $72.11. 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 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.07. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.26 billion. Microchip Technology had a net margin of 4.88% and a return on equity of 10.87%. Microchip Technology’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 EPS. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. On average, equities analysts forecast that Microchip Technology Incorporated will post 2.58 earnings per share for the current year.

Microchip Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a $0.455 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.82 annualized dividend and a dividend yield of 1.9%. Microchip Technology’s payout ratio is 866.67%.

Institutional Trading of Microchip Technology

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

Analysts Set New Price Targets

MCHP has been the topic of several research analyst reports. Barclays raised their price objective on Microchip Technology from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Wall Street Zen upgraded Microchip Technology from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. KeyCorp reaffirmed an “overweight” rating and set a $85.00 price target on shares of Microchip Technology in a research report on Friday, February 6th. Citigroup boosted their price objective on Microchip Technology from $91.00 to $113.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Bank of America raised Microchip Technology from a “neutral” rating to a “buy” rating and set a $95.00 target price for the company in a research note on Wednesday, January 28th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $97.52.

Read Our Latest Research Report on MCHP

About Microchip Technology

(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.