Prospera Financial Services Inc Grows Holdings in Microchip Technology Incorporated $MCHP

Prospera Financial Services Inc boosted its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 8.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,093 shares of the semiconductor company’s stock after acquiring an additional 6,525 shares during the period. Prospera Financial Services Inc’s holdings in Microchip Technology were worth $5,658,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Winnow Wealth LLC purchased a new position in shares of Microchip Technology during the 3rd quarter valued at $25,000. Root Financial Partners LLC bought a new stake in Microchip Technology during the third quarter valued at about $28,000. Salomon & Ludwin LLC lifted its position in shares of 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 acquiring an additional 329 shares in the last quarter. Quent Capital LLC bought a new position in shares of Microchip Technology in the third quarter worth about $32,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of 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 worth $33,000 after acquiring an additional 267 shares during the period. 91.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on MCHP shares. B. Riley Financial boosted their price target on Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Zacks Research upgraded shares of Microchip Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Argus raised shares of Microchip Technology to a “strong-buy” rating in a report on Monday. Morgan Stanley raised their target price on shares of Microchip Technology from $68.00 to $69.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Finally, Needham & Company LLC lifted their price target on shares of Microchip Technology from $77.00 to $84.00 and gave the company a “buy” rating in a report on Friday, February 6th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Microchip Technology presently has an average rating of “Moderate Buy” and an average target price of $86.27.

Insider Activity at Microchip Technology

In other news, CEO Steve Sanghi sold 98,814 shares of Microchip Technology stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $80.55, for a total value of $7,959,467.70. Following the completion of the transaction, the chief executive officer owned 9,922,319 shares in the company, valued at approximately $799,242,795.45. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO James Eric Bjornholt sold 4,292 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were 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 in the company, valued at approximately $1,516,184.71. This represents a 12.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 121,615 shares of company stock valued at $9,641,654 over the last ninety days. Corporate insiders own 1.94% of the company’s stock.

More Microchip Technology News

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

• Positive Sentiment: Microchip launched production-ready, full‑stack edge AI solutions that package MCUs/MPUs, pre-trained models and development tools — a clear push into higher‑value embedded AI markets that can expand TAM and support higher ASPs for its devices. Edge AI Release
• Positive Sentiment: Analyst momentum: Argus upgraded MCHP to a “strong-buy” and several firms have raised price targets recently, which can attract fresh inflows and lift sentiment. Argus Upgrade
• Neutral Sentiment: Investor access: Microchip will present at the Wolfe Research Auto/Auto‑Tech & Semiconductor Conference (Feb 11), providing another forum for management to discuss growth drivers and the new Edge AI roadmap with investors. Wolfe Conference
• Negative Sentiment: Microchip priced an upsized offering of convertible senior notes totaling $800M (after a prior $600M announcement). The deal raises near‑term liquidity but increases potential debt and conversion dilution; hedging/capped‑call transactions may blunt dilution, yet investor hedge activity can add share‑price volatility. Convertible Notes Pricing
• Negative Sentiment: Valuation concerns and insider selling: some analysts and commentary flag stretched valuation after the recent run, and public filings show insider share sales in recent months — both potential headwinds for sentiment if momentum fades. Valuation Critique

Microchip Technology Price Performance

Microchip Technology stock opened at $76.86 on Wednesday. Microchip Technology Incorporated has a 52-week low of $34.13 and a 52-week high of $81.43. The company has a quick ratio of 1.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.82. The firm’s fifty day moving average is $70.83 and its 200 day moving average is $65.59. The company has a market cap of $41.59 billion, a price-to-earnings ratio of -265.03, a PEG ratio of 1.86 and a beta of 1.46.

Microchip Technology (NASDAQ:MCHP) last posted its earnings results on Thursday, February 5th. The semiconductor company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. Microchip Technology had a negative net margin of 1.57% and a positive return on equity of 7.16%. The business’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. Microchip Technology has set its Q4 2026 guidance at 0.480-0.520 EPS. Sell-side analysts forecast that Microchip Technology Incorporated will post 1.03 EPS for the current fiscal year.

Microchip Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be given a dividend of $0.455 per share. The ex-dividend date is Monday, February 23rd. This represents a $1.82 dividend on an annualized basis and a yield of 2.4%. Microchip Technology’s dividend payout ratio is -627.59%.

Microchip Technology Company 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.