CX Institutional Buys 9,545 Shares of Microchip Technology Incorporated $MCHP

CX Institutional lifted its stake in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 141.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,301 shares of the semiconductor company’s stock after acquiring an additional 9,545 shares during the quarter. CX Institutional’s holdings in Microchip Technology were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. MCF Advisors LLC raised its holdings in Microchip Technology by 211.2% during the 2nd quarter. MCF Advisors LLC now owns 473 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 321 shares during the last quarter. Salomon & Ludwin LLC lifted its stake in shares of Microchip Technology by 219.3% in the 3rd quarter. Salomon & Ludwin LLC now owns 479 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 329 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its stake in Microchip Technology by 106.8% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 517 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 267 shares during the period. Carderock Capital Management Inc. bought a new stake in Microchip Technology in the second quarter worth approximately $39,000. Finally, Painted Porch Advisors LLC acquired a new position in Microchip Technology in the second quarter valued at approximately $40,000. 91.51% of the stock is owned by institutional investors and hedge funds.

Microchip Technology Stock Down 0.6%

Shares of NASDAQ:MCHP opened at $73.53 on Friday. The business’s 50 day moving average is $61.12 and its 200 day moving average is $65.13. Microchip Technology Incorporated has a 12-month low of $34.13 and a 12-month high of $77.20. The stock has a market cap of $39.74 billion, a price-to-earnings ratio of -163.40, a PEG ratio of 2.30 and a beta of 1.46. The company has a quick ratio of 1.20, a current ratio of 2.25 and a debt-to-equity ratio of 0.80.

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

Microchip Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Monday, November 24th were issued a dividend of $0.455 per share. The ex-dividend date was Monday, November 24th. This represents a $1.82 annualized dividend and a yield of 2.5%. Microchip Technology’s payout ratio is -404.44%.

Wall Street Analyst Weigh In

Several analysts have recently commented on MCHP shares. Wolfe Research set a $85.00 price objective on shares of Microchip Technology in a research report on Tuesday. Rosenblatt Securities reissued a “buy” rating and set a $80.00 price objective on shares of Microchip Technology in a research report on Tuesday. JPMorgan Chase & Co. raised their price objective on Microchip Technology from $77.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday. Cantor Fitzgerald raised Microchip Technology from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $65.00 to $85.00 in a research report on Tuesday, December 16th. Finally, KeyCorp reissued an “overweight” rating on shares of Microchip Technology in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Microchip Technology has a consensus rating of “Moderate Buy” and an average price target of $77.71.

More Microchip Technology News

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

• Positive Sentiment: Management raised Q4 sales guidance, citing a broader demand recovery — the guidance bump was a primary catalyst for the recent sharp rally. Article Title
• Positive Sentiment: Company signaled it exceeded net‑sales guidance and reiterated a brighter outlook, which helped drive multi‑day gains. Article Title
• Positive Sentiment: Strategic product win: Microchip released custom firmware for its MEC1723 embedded controller to support NVIDIA DGX Spark personal AI supercomputers — strengthens positioning in AI / high‑performance compute customers. Article Title
• Positive Sentiment: Multiple brokerages issued bullish takes or forecast strong price appreciation (Needham, JPMorgan, Morgan Stanley, Rosenblatt, B. Riley), supporting momentum and investor interest. Needham Coverage Rosenblatt Coverage
• Neutral Sentiment: Stock experienced large intraday volume and rapid gains (double‑digit moves in recent sessions); technical momentum metrics (RS rating) have jumped — this increases volatility and short‑term trading risk. Zacks MSN
• Negative Sentiment: Some analysts remain cautious — Wells Fargo kept an equal‑weight (hold) rating even after lifting its price target, which signals limited near‑term upside and helps explain profit‑taking. Wells Fargo Price Target Note
• Negative Sentiment: Traders have flagged a risk of a pullback after the rapid run; heightened short‑term profit‑taking and rotation into other names can push the shares lower in the near term. TipRanks

Insiders Place Their Bets

In other Microchip Technology news, CFO James Eric Bjornholt sold 4,292 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $50.39, for a total value of $216,273.88. Following the completion of the sale, the chief financial officer directly owned 30,089 shares of the company’s stock, valued at approximately $1,516,184.71. This represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.94% of the company’s stock.

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.