Integrated Advisors Network LLC Has $2.90 Million Stock Holdings in Microchip Technology Incorporated $MCHP

Integrated Advisors Network LLC boosted its holdings in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 441.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,815 shares of the semiconductor company’s stock after acquiring an additional 36,535 shares during the period. Integrated Advisors Network LLC’s holdings in Microchip Technology were worth $2,896,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MCHP. Wolverine Asset Management LLC increased its stake in Microchip Technology by 3,833.7% during the 4th quarter. Wolverine Asset Management LLC now owns 37,921 shares of the semiconductor company’s stock worth $2,416,000 after acquiring an additional 36,957 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group acquired a new stake in shares of Microchip Technology during the 4th quarter worth $6,691,000. Peregrine Investment Management Inc. acquired a new stake in shares of Microchip Technology during the 1st quarter worth $5,492,000. Epoch Investment Partners Inc. increased its position in shares of Microchip Technology by 16.5% in the fourth quarter. Epoch Investment Partners Inc. now owns 1,349,136 shares of the semiconductor company’s stock worth $85,967,000 after purchasing an additional 191,339 shares during the period. Finally, Norges Bank bought a new position in shares of Microchip Technology in the fourth quarter worth $664,564,000. 91.51% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Microchip Technology

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

• Positive Sentiment: New coverage highlighted Microchip’s improving outlook from rising demand for mixed-signal MCUs, especially as industrial, automotive, aerospace and data center bookings recover. Microchip Gains From Rising Mixed-Signal MCU Demand: What’s Ahead?
• Positive Sentiment: Another article pointed to AI-driven semiconductor sales lifting the broader chip group, with MCHP named as one of the stocks positioned to benefit from record industry demand. AI Powering Semiconductor Sales: 4 Stocks to Boost Your Portfolio
• Positive Sentiment: Several reports noted a rebound in semiconductor shares after a recent selloff, which helped lift Microchip along with peers and supports sentiment around the stock. Monolithic Power Systems, Vishay Intertechnology, and Microchip Technology Stocks Trade Up, What You Need To Know
• Neutral Sentiment: Analysts remain generally constructive, with recent Buy/Outperform ratings and price targets suggesting upside, but the stock has already rallied sharply and some investors may be weighing valuation against the growth outlook. Microchip Technology (MCHP) Stock Continue To Drop, Here’s Why Some Analysts Still See Upside
• Negative Sentiment: Recent commentary also warned that momentum may be vulnerable to market-risk and valuation concerns after a strong six-month run, which can pressure the shares even when fundamentals are improving. MPWR Rises 40.4% in Six Months: Should You Bet on the Stock?

Insider Buying and Selling

In other news, COO Richard J. Simoncic sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $97.52, for a total value of $487,600.00. Following the transaction, the chief operating officer owned 130,508 shares in the company, valued at approximately $12,727,140.16. The trade was a 3.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO James Eric Bjornholt sold 3,667 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $90.87, for a total transaction of $333,220.29. Following the completion of the sale, the chief financial officer directly owned 28,573 shares in the company, valued at approximately $2,596,428.51. This represents a 11.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 553,302 shares of company stock valued at $49,673,635. Insiders own 1.94% of the company’s stock.

Microchip Technology Price Performance

Shares of NASDAQ:MCHP opened at $84.15 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.18 and a current ratio of 2.09. 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 $45.62 billion, a PE ratio of 400.73, a price-to-earnings-growth ratio of 0.90 and a beta of 1.74. The firm’s fifty day moving average is $93.62 and its 200-day moving average is $79.45.

Microchip Technology (NASDAQ:MCHP) last announced its earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.07. Microchip Technology had a return on equity of 10.87% and a net margin of 4.88%.The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the company earned $0.11 EPS. Microchip Technology’s revenue for the quarter 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. Sell-side analysts predict that Microchip Technology Incorporated will post 2.66 earnings per share for the current year.

Microchip Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, May 22nd. Microchip Technology’s payout ratio is currently 866.67%.

Wall Street Analysts Forecast Growth

MCHP has been the subject of several recent analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $125.00 price objective on shares of Microchip Technology in a research report on Wednesday, May 13th. Rosenblatt Securities raised their target price on shares of Microchip Technology from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, May 8th. Needham & Company LLC upped their price target on shares of Microchip Technology from $84.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 8th. JPMorgan Chase & Co. increased their price target on shares of Microchip Technology from $95.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Finally, Weiss Ratings raised shares of Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Microchip Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.18.

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.