Microchip Technology Incorporated $MCHP Stake Trimmed by Investors Research Corp

Posted by Francis Steltz on Aug 12th, 2026

Investors Research Corp lessened its stake in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 29.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,625 shares of the semiconductor company’s stock after selling 7,309 shares during the period. Investors Research Corp’s holdings in Microchip Technology were worth $1,607,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Accel Wealth Management acquired a new position in shares of Microchip Technology in the second quarter worth about $347,000. Tema ETFs LLC raised its holdings in shares of Microchip Technology by 9.8% during the second quarter. Tema ETFs LLC now owns 11,393 shares of the semiconductor company’s stock valued at $1,039,000 after acquiring an additional 1,015 shares during the period. Handelsbanken Fonder AB lifted its position in shares of Microchip Technology by 15.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 289,566 shares of the semiconductor company’s stock valued at $26,408,000 after acquiring an additional 39,412 shares in the last quarter. City Holding Co. lifted its position in shares of Microchip Technology by 4.0% in the 2nd quarter. City Holding Co. now owns 26,614 shares of the semiconductor company’s stock valued at $2,427,000 after acquiring an additional 1,019 shares in the last quarter. Finally, Fulton Bank N.A. boosted its stake in Microchip Technology by 9.6% in the 2nd quarter. Fulton Bank N.A. now owns 14,190 shares of the semiconductor company’s stock worth $1,294,000 after purchasing an additional 1,242 shares during the period. 91.51% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, COO Richard J. Simoncic sold 5,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $93.44, for a total transaction of $467,200.00. Following the completion of the sale, the chief operating officer owned 135,508 shares in the company, valued at approximately $12,661,867.52. This represents a 3.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Matthew W. Chapman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $95.48, for a total value of $954,800.00. Following the completion of the transaction, the director directly owned 20,665 shares in the company, valued at $1,973,094.20. The trade was a 32.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 26,750 shares of company stock valued at $2,543,170 over the last three months. 1.79% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Wells Fargo & Company cut their target price on shares of Microchip Technology from $95.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Monday, July 20th. JPMorgan Chase & Co. lifted their price target on Microchip Technology from $95.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Susquehanna upped their price target on Microchip Technology from $95.00 to $120.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Wall Street Zen raised Microchip Technology from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Barclays increased 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. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.85.

Check Out Our Latest Report on MCHP

Microchip Technology Trading Down 0.5%

Microchip Technology stock opened at $81.02 on Wednesday. The company’s fifty day simple moving average is $86.62 and its 200-day simple moving average is $81.44. The company has a quick ratio of 1.11, a current ratio of 1.92 and a debt-to-equity ratio of 0.83. Microchip Technology Incorporated has a 12 month low of $48.52 and a 12 month high of $105.91. The stock has a market cap of $43.99 billion, a P/E ratio of 120.93, a P/E/G ratio of 0.65 and a beta of 1.76.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.70 by $0.06. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Microchip Technology had a return on equity of 14.97% and a net margin of 9.34%.The firm’s quarterly revenue was up 38.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. Microchip Technology has set its Q2 2027 guidance at 0.910-0.950 EPS. As a group, sell-side analysts forecast that Microchip Technology Incorporated will post 2.74 EPS for the current fiscal year.

Microchip Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders 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 yield of 2.2%. The ex-dividend date of this dividend is Monday, August 24th. Microchip Technology’s dividend payout ratio is presently 271.64%.

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.