Microchip Technology (NASDAQ:MCHP) CEO Sells $1,465,912.80 in Stock

Microchip Technology Incorporated (NASDAQ:MCHP) CEO Steve Sanghi sold 18,509 shares of the stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $79.20, for a total transaction of $1,465,912.80. Following the sale, the chief executive officer owned 10,021,133 shares of the company’s stock, valued at $793,673,733.60. This trade represents a 0.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Microchip Technology Stock Performance

NASDAQ:MCHP opened at $80.28 on Thursday. Microchip Technology Incorporated has a 1 year low of $34.13 and a 1 year high of $81.43. The stock has a market capitalization of $43.39 billion, a P/E ratio of -178.40, a price-to-earnings-growth ratio of 2.23 and a beta of 1.46. The company has a current ratio of 2.25, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80. The firm has a 50 day moving average of $66.37 and a 200-day moving average of $65.36.

Microchip Technology (NASDAQ:MCHP) last issued its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company earned $0.46 EPS. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. As a group, sell-side analysts anticipate that Microchip Technology Incorporated will post 1.03 EPS for the current fiscal year.

Microchip Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were given a $0.455 dividend. This represents a $1.82 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, November 24th. Microchip Technology’s dividend payout ratio (DPR) is currently -404.44%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on MCHP shares. Piper Sandler boosted their price objective on shares of Microchip Technology from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. boosted their price target on Microchip Technology from $77.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Mizuho upped their price objective on shares of Microchip Technology from $80.00 to $83.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Susquehanna increased their target price on Microchip Technology from $75.00 to $90.00 and gave the stock a “positive” rating in a research note on Thursday, January 22nd. Finally, UBS Group lifted their price objective on shares of Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $82.05.

More Microchip Technology News

Here are the key news stories impacting Microchip Technology this week:

• Positive Sentiment: Multiple analyst upgrades and bullish commentary lifted investor sentiment — Zacks upgraded MCHP to a “strong-buy” and Bank of America raised its rating to “buy” with a $95 target (~18% above the current price). UBS also issued a positive note saying shares are expected to rise. Zacks Upgrade BofA Coverage UBS Note
• Positive Sentiment: Inclusion on Zacks’ Rank #1 (Strong Buy) lists for momentum and income increases visibility among retail and quant buyers, which can amplify short-term flows. Zacks Momentum List Zacks Income List
• Positive Sentiment: Product development: Microchip expanded its maXTouch M1 touchscreen controller family to cover a wider range of automotive displays (2–42″), strengthening its addressable market in automotive infotainment and display applications. This supports longer-term revenue opportunity in a high-value end market. maXTouch Product Release
• Neutral Sentiment: Recent fundamentals: the company beat Q2 estimates on EPS and revenue and provided Q3 FY2026 EPS guidance (0.340–0.400), but revenue was slightly down year-over-year — a mixed fundamental backdrop that makes upgrades and product news more impactful in the short term. MarketBeat Earnings Summary
• Negative Sentiment: Insider activity: CEO Steve Sanghi sold 18,509 shares (~0.18% reduction in his position), a relatively small transaction but one that some investors note when management sells into strength. Insider Sale

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Winnow Wealth LLC bought a new stake in Microchip Technology during the third quarter worth $25,000. Root Financial Partners LLC bought a new stake in shares of Microchip Technology during the 3rd quarter worth $28,000. Salomon & Ludwin LLC boosted its stake in Microchip Technology by 219.3% in the third quarter. Salomon & Ludwin LLC now owns 479 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 329 shares in the last quarter. Quent Capital LLC bought a new position in Microchip Technology in the third quarter valued at about $32,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in Microchip Technology by 106.8% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 517 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 267 shares during the last quarter. 91.51% of the stock is owned by institutional investors.

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.