Microchip Technology Incorporated $MCHP Shares Bought by Inspire Investing LLC

Posted by Francis Steltz on Jun 30th, 2026

Inspire Investing LLC grew its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 38.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 81,558 shares of the semiconductor company’s stock after purchasing an additional 22,795 shares during the quarter. Inspire Investing LLC’s holdings in Microchip Technology were worth $5,269,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EFG International AG purchased a new stake in shares of Microchip Technology in the 4th quarter valued at about $29,000. Miller Capital Partners Inc. purchased a new position in Microchip Technology during the 4th quarter worth approximately $29,000. Garton & Associates Financial Advisors LLC purchased a new position in Microchip Technology during the 4th quarter worth approximately $33,000. Reflection Asset Management acquired a new position in Microchip Technology during the fourth quarter worth approximately $33,000. Finally, Caitong International Asset Management Co. Ltd increased its position in Microchip Technology by 4,663.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 524 shares of the semiconductor company’s stock worth $33,000 after buying an additional 513 shares during the period. Institutional investors and hedge funds own 91.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Rosenblatt Securities increased their price objective on Microchip Technology from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, May 8th. Needham & Company LLC lifted their target price on shares of Microchip Technology from $84.00 to $120.00 and gave the company a “buy” rating in a report on Friday, May 8th. Susquehanna upped their price target on shares of Microchip Technology from $95.00 to $120.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Weiss Ratings upgraded shares of Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Finally, Wells Fargo & Company raised their price objective on shares of Microchip Technology from $75.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Four research 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 stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $98.18.

View Our Latest Stock Analysis on Microchip Technology

Insiders Place Their Bets

In other Microchip Technology news, COO Richard J. Simoncic sold 5,000 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $97.52, for a total value of $487,600.00. Following the completion of the transaction, the chief operating officer owned 130,508 shares in the company, valued at approximately $12,727,140.16. This represents a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Steve Sanghi sold 416,581 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $88.53, for a total value of $36,879,915.93. Following the completion of the sale, the chief executive officer directly owned 9,495,805 shares of the company’s stock, valued at approximately $840,663,616.65. This trade represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 553,302 shares of company stock worth $49,673,635. Insiders own 1.94% of the company’s stock.

Microchip Technology Price Performance

Shares of NASDAQ:MCHP opened at $89.06 on Tuesday. Microchip Technology Incorporated has a 52 week low of $48.52 and a 52 week high of $105.91. The company has a 50-day moving average price of $93.25 and a 200 day moving average price of $78.60. The company has a market cap of $48.28 billion, a P/E ratio of 424.12, a PEG ratio of 0.90 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 (NASDAQ:MCHP – Get Free Report) last released its earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.07. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Microchip Technology had a return on equity of 10.87% and a net margin of 4.88%.The firm’s quarterly revenue was up 35.1% on a year-over-year basis. 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. Research analysts predict that Microchip Technology Incorporated will post 2.66 earnings per share for the current year.

Microchip Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.455 per share. This represents a $1.82 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 22nd. Microchip Technology’s dividend payout ratio is currently 866.67%.

About Microchip Technology

(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.