Mirae Asset Global Investments Co. Ltd. Has $51.12 Million Stock Holdings in Microchip Technology Incorporated $MCHP

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 20.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 796,061 shares of the semiconductor company’s stock after selling 204,280 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.15% of Microchip Technology worth $51,123,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC lifted its position in Microchip Technology by 51.3% in the 1st quarter. AQR Capital Management LLC now owns 17,201 shares of the semiconductor company’s stock valued at $827,000 after acquiring an additional 5,835 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Microchip Technology by 101.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock worth $59,000 after buying an additional 616 shares in the last quarter. HB Wealth Management LLC raised its position in Microchip Technology by 30.7% in the 2nd quarter. HB Wealth Management LLC now owns 21,054 shares of the semiconductor company’s stock valued at $1,482,000 after buying an additional 4,946 shares during the last quarter. Capital Investment Advisors LLC acquired a new position in Microchip Technology during the 2nd quarter worth approximately $313,000. Finally, One Wealth Advisors LLC grew its stake in shares of Microchip Technology by 19.8% during the 2nd quarter. One Wealth Advisors LLC now owns 4,983 shares of the semiconductor company’s stock worth $351,000 after acquiring an additional 824 shares in the last quarter. Institutional investors own 91.51% of the company’s stock.

Microchip Technology Stock Performance

Shares of NASDAQ MCHP opened at $80.28 on Thursday. 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 company has a market capitalization of $43.39 billion, a P/E ratio of -178.40, a P/E/G ratio of 2.23 and a beta of 1.46. Microchip Technology Incorporated has a 12 month low of $34.13 and a 12 month high of $81.43. The stock has a 50 day moving average of $66.37 and a 200-day moving average of $65.36.

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

Microchip Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th were issued a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Monday, November 24th. Microchip Technology’s dividend payout ratio is currently -404.44%.

Insider Buying and Selling at Microchip Technology

In other Microchip Technology news, CFO James Eric Bjornholt sold 4,292 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total transaction of $216,273.88. Following the transaction, the chief financial officer owned 30,089 shares in the company, valued at $1,516,184.71. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Steve Sanghi sold 18,509 shares of the business’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $79.20, for a total transaction of $1,465,912.80. Following the completion of the sale, the chief executive officer directly owned 10,021,133 shares of the company’s stock, valued at approximately $793,673,733.60. The trade was a 0.18% decrease in their position. The SEC filing for this sale provides additional information. 1.94% of the stock is owned by company insiders.

Key Stories Impacting Microchip Technology

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

Analyst Upgrades and Downgrades

MCHP has been the subject of several recent research reports. B. Riley increased their target price on shares of Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Susquehanna raised their price objective on Microchip Technology from $75.00 to $90.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Exane BNP Paribas upgraded Microchip Technology from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Citigroup raised their price target on Microchip Technology from $80.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Finally, UBS Group upped their price objective on 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 given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $82.05.

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.