Microchip Technology Incorporated $MCHP Shares Sold by Capital Research Global Investors

Capital Research Global Investors cut its position in Microchip Technology Incorporated (NASDAQ:MCHP) by 80.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 365,704 shares of the semiconductor company’s stock after selling 1,522,150 shares during the period. Capital Research Global Investors’ holdings in Microchip Technology were worth $23,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Telemark Asset Management LLC boosted its stake in shares of Microchip Technology by 16.7% in the fourth quarter. Telemark Asset Management LLC now owns 350,000 shares of the semiconductor company’s stock worth $22,302,000 after acquiring an additional 50,000 shares during the last quarter. 111 Capital boosted its stake in shares of Microchip Technology by 50.8% in the fourth quarter. 111 Capital now owns 8,358 shares of the semiconductor company’s stock worth $533,000 after acquiring an additional 2,814 shares during the last quarter. MCF Advisors LLC boosted its stake in shares of Microchip Technology by 25.8% in the fourth quarter. MCF Advisors LLC now owns 659 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 135 shares during the last quarter. Pinebridge Investments LLC acquired a new stake in shares of Microchip Technology in the fourth quarter worth approximately $861,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Microchip Technology by 0.8% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 77,353 shares of the semiconductor company’s stock worth $4,929,000 after acquiring an additional 600 shares during the last quarter. 91.51% of the stock is owned by institutional investors and hedge funds.

Microchip Technology Stock Performance

Shares of Microchip Technology stock opened at $91.47 on Wednesday. Microchip Technology Incorporated has a one year low of $48.52 and a one year high of $105.91. The company has a market cap of $49.58 billion, a price-to-earnings ratio of 435.59, a PEG ratio of 0.96 and a beta of 1.73. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.18 and a current ratio of 2.09. The business’s 50 day moving average price is $86.13 and its 200 day moving average price is $74.90.

Microchip Technology (NASDAQ:MCHP) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.07. Microchip Technology had a return on equity of 10.87% and a net margin of 4.88%.The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter last year, the business posted $0.11 earnings per share. The firm’s revenue was up 35.1% compared to the same quarter last year. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. On average, research analysts predict that Microchip Technology Incorporated will post 2.58 EPS for the current year.

Microchip Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MCHP. UBS Group reaffirmed a “buy” rating on shares of Microchip Technology in a research note on Tuesday, June 2nd. Wells Fargo & Company lifted their price objective on Microchip Technology from $75.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Citigroup lifted their price objective on Microchip Technology from $91.00 to $113.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Rosenblatt Securities lifted their price objective on Microchip Technology from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Susquehanna lifted their price objective on Microchip Technology from $95.00 to $120.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $97.52.

Insiders Place Their Bets

In other Microchip Technology news, COO Richard J. Simoncic sold 5,000 shares of Microchip Technology 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 sale, the chief operating officer owned 130,508 shares in the company, valued at $12,727,140.16. The trade was a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Matthew W. Chapman sold 3,000 shares of Microchip Technology stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $97.52, for a total value of $292,560.00. Following the completion of the sale, the director owned 17,665 shares in the company, valued at $1,722,690.80. This represents a 14.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 553,302 shares of company stock worth $49,673,635 over the last ninety days. Company insiders own 1.94% of the company’s stock.

Trending Headlines about Microchip Technology

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

• Positive Sentiment: Microchip is drawing bullish attention from analysts and market commentary that highlight AI data-center wins, improving bookings/backlog, and growth in data-center solutions revenue. Microchip or Fabrinet: Which Tech Stock Is a Better Buy Now?
• Positive Sentiment: The company announced TimePictra 12, a new synchronization-management platform for critical infrastructure, reinforcing its product pipeline and systems-software growth story. Microchip Announces the TimePictra 12 Platform to Strengthen Synchronization Management for Critical Infrastructure
• Positive Sentiment: Shares are also benefiting from a broader rebound in semiconductor stocks after a recent sector selloff, which has lifted sentiment across chip names. Western Digital, Microchip Technology, and Seagate Shares Are Soaring, What You Need To Know
• Neutral Sentiment: Microchip will present at the 2026 Mizuho Technology Conference, which could offer fresh guidance or commentary but is currently a routine investor-relations event. Microchip Technology to Present at the 2026 Mizuho Technology Conference
• Negative Sentiment: COO Richard J. Simoncic disclosed a sale of 5,000 shares, a modest insider-selling signal that may slightly weigh on investor sentiment. SEC Form 4 filing for Richard J. Simoncic

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.