Alps Advisors Inc. Acquires New Shares in Microchip Technology Incorporated $MCHP

Alps Advisors Inc. acquired a new stake in Microchip Technology Incorporated (NASDAQ:MCHP) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 373,406 shares of the semiconductor company’s stock, valued at approximately $23,793,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. MCF Advisors LLC raised its holdings 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 valued at $42,000 after acquiring an additional 135 shares in the last quarter. Millstone Evans Group LLC raised its holdings in shares of Microchip Technology by 23.7% in the fourth quarter. Millstone Evans Group LLC now owns 742 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 142 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of Microchip Technology by 1.6% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 8,973 shares of the semiconductor company’s stock valued at $572,000 after acquiring an additional 143 shares in the last quarter. Verdence Capital Advisors LLC raised its holdings in shares of Microchip Technology by 2.2% in the fourth quarter. Verdence Capital Advisors LLC now owns 7,120 shares of the semiconductor company’s stock valued at $454,000 after acquiring an additional 150 shares in the last quarter. Finally, Fiduciary Family Office LLC raised its holdings in shares of Microchip Technology by 4.4% in the fourth quarter. Fiduciary Family Office LLC now owns 3,567 shares of the semiconductor company’s stock valued at $227,000 after acquiring an additional 151 shares in the last quarter. 91.51% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Steve Sanghi sold 76,469 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $93.58, for a total transaction of $7,155,969.02. Following the sale, the chief executive officer owned 9,385,834 shares in the company, valued at approximately $878,326,345.72. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Richard J. Simoncic sold 5,000 shares of the business’s stock in a transaction dated 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 553,302 shares of company stock worth $49,673,635 over the last ninety days. Insiders own 1.94% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MCHP. Zacks Research upgraded Microchip Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Rosenblatt Securities lifted their price objective on Microchip Technology from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, May 8th. Truist Financial lifted their price objective on Microchip Technology from $69.00 to $105.00 and gave the company a “hold” rating in a report on Friday, May 8th. Weiss Ratings upgraded Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Finally, Wells Fargo & Company lifted their target price on Microchip Technology from $75.00 to $95.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.18.

Microchip Technology Price Performance

MCHP opened at $92.94 on Friday. The business’s 50-day moving average is $87.26 and its two-hundred day moving average is $75.47. Microchip Technology Incorporated has a 1 year low of $48.52 and a 1 year high of $105.91. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.09 and a quick ratio of 1.18. The firm has a market capitalization of $50.38 billion, a PE ratio of 442.59, a price-to-earnings-growth ratio of 0.92 and a beta of 1.73.

Microchip Technology (NASDAQ:MCHP) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share 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 business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The company’s revenue was up 35.1% on a year-over-year basis. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. Research analysts anticipate that Microchip Technology Incorporated will post 2.58 earnings per share for the current fiscal year.

Microchip Technology Announces Dividend

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

Key Stories Impacting Microchip Technology

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

• Positive Sentiment: Microchip launched its TimePictra 12 platform, adding a new GUI, automation features, and support for advanced timing technology that can scale to 5,000 elements for critical networks. The rollout suggests additional demand in high-value infrastructure and networking markets. Article: Microchip Launches TimePictra 12 Platform: Catalyst for More Growth?
• Positive Sentiment: Microchip’s Nantes facility in France achieved QML Class Y certification, expanding its high-reliability capabilities for aerospace and defense customers. That can support margin-rich business and strengthen its position in mission-critical semiconductor markets. Article: Microchip’s Nantes Facility in France Achieves QML Class Y Certification, Expanding High‑Reliability Capabilities
• Positive Sentiment: Investors also appear encouraged by the company being highlighted in a Zacks investment ideas feature as an AI-linked play, with improving business trends and cooling inflation supporting the broader growth outlook for semiconductor names. Article: Zacks Investment Ideas feature highlights: Microchip Technology and Flex
• Neutral Sentiment: Microchip also announced it will present at the 2026 Mizuho Technology Conference. Conference appearances can help keep investor attention on the stock, but they are usually not a direct operational catalyst. Article: Microchip Technology to Present at the 2026 Mizuho Technology Conference
• Neutral Sentiment: Some commentary suggests the stock’s strong 2024 run has pushed valuation back into focus, so traders may be balancing the recent product and certification wins against concerns that the rally could be getting ahead of fundamentals. Article: Is It Time To Reassess Microchip Technology (MCHP) After Its Strong 2024 Share Price Run?

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.