North Dallas Bank & Trust Co. bought a new stake in Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,586 shares of the semiconductor company’s stock, valued at approximately $675,000.
Other large investors also recently bought and sold shares of the company. GoalVest Advisory LLC boosted its position in shares of Microchip Technology by 174.0% during the 4th quarter. GoalVest Advisory LLC now owns 548 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 348 shares during the period. Board of the Pension Protection Fund purchased a new position in shares of Microchip Technology during the 4th quarter worth approximately $38,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Microchip Technology during the 4th quarter worth approximately $38,000. State of Wyoming boosted its position in shares of Microchip Technology by 78.1% during the second quarter. State of Wyoming now owns 618 shares of the semiconductor company’s stock worth $43,000 after buying an additional 271 shares during the period. Finally, MCF Advisors LLC grew its stake in shares of Microchip Technology by 25.8% in the fourth quarter. MCF Advisors LLC now owns 659 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 135 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on MCHP. Rosenblatt Securities lifted their price objective on Microchip Technology from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Citigroup lifted their price objective on Microchip Technology from $91.00 to $113.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Truist Financial lifted their price objective on Microchip Technology from $69.00 to $105.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Weiss Ratings raised Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Finally, Susquehanna lifted their price objective on Microchip Technology from $95.00 to $120.00 and gave the company a “positive” rating in a research note on Friday, May 8th. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Microchip Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.52.
Microchip Technology News Roundup
Here are the key news stories impacting Microchip Technology this week:
- Positive Sentiment: Microchip is drawing bullish attention from analysts and market commentary that highlight AI data-center wins, improving bookings/backlog, and growth in data-center solutions revenue. Microchip or Fabrinet: Which Tech Stock Is a Better Buy Now?
- Positive Sentiment: The company announced TimePictra 12, a new synchronization-management platform for critical infrastructure, reinforcing its product pipeline and systems-software growth story. Microchip Announces the TimePictra 12 Platform to Strengthen Synchronization Management for Critical Infrastructure
- Positive Sentiment: Shares are also benefiting from a broader rebound in semiconductor stocks after a recent sector selloff, which has lifted sentiment across chip names. Western Digital, Microchip Technology, and Seagate Shares Are Soaring, What You Need To Know
- Neutral Sentiment: Microchip will present at the 2026 Mizuho Technology Conference, which could offer fresh guidance or commentary but is currently a routine investor-relations event. Microchip Technology to Present at the 2026 Mizuho Technology Conference
- Negative Sentiment: COO Richard J. Simoncic disclosed a sale of 5,000 shares, a modest insider-selling signal that may slightly weigh on investor sentiment. SEC Form 4 filing for Richard J. Simoncic
Insider Buying and Selling at Microchip Technology
In other news, Director Matthew W. Chapman sold 10,000 shares of Microchip Technology stock in a transaction on Friday, May 15th. The shares were sold at an average price of $95.48, for a total transaction of $954,800.00. Following the completion of the sale, the director directly owned 20,665 shares of the company’s stock, valued at approximately $1,973,094.20. The trade was a 32.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Richard J. Simoncic sold 5,000 shares of Microchip Technology stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $97.52, for a total transaction of $487,600.00. Following the sale, the chief operating officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 553,302 shares of company stock worth $49,673,635. 1.94% of the stock is currently owned by insiders.
Microchip Technology Stock Performance
NASDAQ:MCHP opened at $91.47 on Wednesday. The company has a fifty day simple moving average of $86.13 and a two-hundred day simple moving average of $74.90. The company has a market cap of $49.58 billion, a price-to-earnings ratio of 435.59, a price-to-earnings-growth ratio of 0.96 and a beta of 1.73. The company has a quick ratio of 1.18, a current ratio of 2.09 and a debt-to-equity ratio of 0.85. Microchip Technology Incorporated has a 52 week low of $48.52 and a 52 week high of $105.91.
Microchip Technology (NASDAQ:MCHP – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.50 by $0.07. The business 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 quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.11 earnings per share. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. As a group, equities analysts anticipate that Microchip Technology Incorporated will post 2.58 earnings per share for the current fiscal year.
Microchip Technology Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were paid a $0.455 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.82 annualized dividend and a dividend yield of 2.0%. Microchip Technology’s payout ratio is 866.67%.
About Microchip Technology
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.
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