Rakuten Investment Management Inc. Buys Shares of 29,868 Microchip Technology Incorporated $MCHP

Rakuten Investment Management Inc. purchased a new position in shares of Microchip Technology Incorporated (NASDAQ:MCHP) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 29,868 shares of the semiconductor company’s stock, valued at approximately $1,995,000.

Several other large investors have also made changes to their positions in the company. Samalin Investment Counsel LLC raised its position in Microchip Technology by 47.6% during the third quarter. Samalin Investment Counsel LLC now owns 4,437 shares of the semiconductor company’s stock valued at $285,000 after purchasing an additional 1,430 shares in the last quarter. Vest Financial LLC increased its stake in shares of Microchip Technology by 34.6% in the 3rd quarter. Vest Financial LLC now owns 32,946 shares of the semiconductor company’s stock valued at $2,116,000 after purchasing an additional 8,475 shares during the last quarter. Boomfish Wealth Group LLC increased its stake in shares of Microchip Technology by 5.0% in the 3rd quarter. Boomfish Wealth Group LLC now owns 42,431 shares of the semiconductor company’s stock valued at $2,725,000 after purchasing an additional 2,003 shares during the last quarter. Dynasty Wealth Management LLC raised its holdings in shares of Microchip Technology by 48.1% during the 3rd quarter. Dynasty Wealth Management LLC now owns 14,473 shares of the semiconductor company’s stock worth $929,000 after buying an additional 4,702 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in shares of Microchip Technology during the 3rd quarter worth $28,000. Institutional investors and hedge funds own 91.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MCHP. Citigroup lifted their target price on Microchip Technology from $80.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. KeyCorp reaffirmed an “overweight” rating on shares of Microchip Technology in a report on Wednesday, December 3rd. Exane BNP Paribas upgraded shares of Microchip Technology from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Susquehanna raised their target price on shares of Microchip Technology from $75.00 to $90.00 and gave the company a “positive” rating in a research report on Thursday. Finally, Needham & Company LLC upped their price target on shares of Microchip Technology from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $80.82.

Insider Activity

In related news, CFO James Eric Bjornholt sold 4,292 shares of Microchip Technology stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total value of $216,273.88. Following the transaction, the chief financial officer directly owned 30,089 shares of the company’s stock, valued at $1,516,184.71. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.94% of the stock is owned by company insiders.

Microchip Technology Trading Down 1.0%

Shares of NASDAQ MCHP opened at $74.71 on Friday. The firm has a 50 day moving average price of $64.84 and a two-hundred day moving average price of $65.39. The stock has a market cap of $40.38 billion, a P/E ratio of -166.02, a price-to-earnings-growth ratio of 2.22 and a beta of 1.46. Microchip Technology Incorporated has a 52-week low of $34.13 and a 52-week high of $79.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.20 and a current ratio of 2.25.

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

Microchip Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were paid a $0.455 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $1.82 annualized dividend and a dividend yield of 2.4%. Microchip Technology’s dividend payout ratio is presently -404.44%.

Key Headlines Impacting Microchip Technology

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

• Positive Sentiment: Susquehanna raised its price target from $75 to $90 and reiterated a “positive” rating, signaling roughly ~20% upside vs. the recent price and implying stronger medium‑term revenue/margin expectations. Susquehanna raises PT
• Positive Sentiment: BNP Paribas Exane upgraded Microchip from “neutral” to “outperform” and set a $90 price target, citing firmer demand for analog upgrades across end markets (contributes to structural tailwinds for Microchip’s analog and mixed‑signal product lines). BNP Paribas analog demand note
• Positive Sentiment: Exane BNP Paribas upgraded Microchip from “hold” to “strong‑buy,” reflecting dealer confidence that cyclical recovery in analog and embedded demand will benefit Microchip sooner than feared. Exane BNP Paribas upgrade
• Positive Sentiment: Bank of America raised its price target to $78, a modest increase that still signals near‑term upside and gives more institutional support to the stock after recent earnings/guidance. BofA raises PT to $78
• Neutral Sentiment: Zacks published a broader thematic piece highlighting technology names with favorable Earnings ESP; Microchip is included as a candidate to watch but this is a general screen rather than new company‑specific disclosure. Zacks feature

Microchip Technology Profile

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.