First National Bank of Omaha Trims Stock Holdings in Microchip Technology Incorporated $MCHP

Posted by George Bondi on Aug 19th, 2026

First National Bank of Omaha lowered its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 27.7% in the second quarter, HoldingsChannel.com reports. The fund owned 39,487 shares of the semiconductor company’s stock after selling 15,104 shares during the quarter. First National Bank of Omaha’s holdings in Microchip Technology were worth $3,601,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. EFG International AG acquired a new position in shares of Microchip Technology in the fourth quarter valued at about $29,000. Miller Capital Partners Inc. acquired a new stake in shares of Microchip Technology during the fourth quarter worth about $29,000. Continuum Advisory LLC purchased a new stake in Microchip Technology in the second quarter valued at approximately $30,000. Reflection Asset Management purchased a new stake in Microchip Technology in the fourth quarter valued at approximately $33,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in Microchip Technology in the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Insider Transactions at Microchip Technology

In other Microchip Technology news, Director Matthew W. Chapman sold 3,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $97.52, for a total transaction of $292,560.00. Following the completion of the transaction, the director owned 17,665 shares of the company’s stock, valued at $1,722,690.80. This represents a 14.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James Eric Bjornholt sold 3,667 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $90.87, for a total transaction of $333,220.29. Following the sale, the chief financial officer directly owned 28,573 shares of the company’s stock, valued at $2,596,428.51. The trade was a 11.37% 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. Insiders sold a total of 16,667 shares of company stock valued at $1,580,580 in the last three months. 1.79% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Microchip Technology in a report on Friday, August 7th. Wells Fargo & Company reduced their target price on shares of Microchip Technology from $95.00 to $88.00 and set an “equal weight” rating for the company in a report on Monday, July 20th. Needham & Company LLC boosted their target price on shares of Microchip Technology from $84.00 to $120.00 and gave the company a “buy” rating in a research 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 report on Friday, May 8th. Finally, UBS Group reaffirmed a “buy” rating and set a $120.00 price target (down from $130.00) on shares of Microchip Technology in a research report on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $98.85.

View Our Latest Stock Analysis on MCHP

Microchip Technology Trading Down 2.6%

MCHP stock opened at $78.19 on Wednesday. The company’s 50-day simple moving average is $85.23 and its 200-day simple moving average is $81.54. 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 52-week low of $48.52 and a 52-week high of $105.91. The firm has a market cap of $42.46 billion, a P/E ratio of 116.70, a PEG ratio of 0.62 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 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.06. The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.46 billion. Microchip Technology had a return on equity of 14.97% and a net margin of 9.34%.Microchip Technology’s revenue for the quarter was up 38.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.27 EPS. Microchip Technology has set its Q2 2027 guidance at 0.910-0.950 EPS. As a group, equities analysts forecast that Microchip Technology Incorporated will post 3.16 EPS for the current fiscal year.

Microchip Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th will be given a $0.455 dividend. The ex-dividend date is Monday, August 24th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 2.3%. Microchip Technology’s payout ratio is 271.64%.

Microchip Technology Profile

(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.