Slagle Financial LLC Raises Stock Holdings in Microchip Technology Incorporated $MCHP

Slagle Financial LLC raised its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 13.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,050 shares of the semiconductor company’s stock after acquiring an additional 8,565 shares during the period. Microchip Technology makes up approximately 1.6% of Slagle Financial LLC’s holdings, making the stock its 17th biggest holding. Slagle Financial LLC’s holdings in Microchip Technology were worth $4,655,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MCHP. Florida Trust Wealth Management Co increased its position in shares of Microchip Technology by 3.3% during the 3rd quarter. Florida Trust Wealth Management Co now owns 4,890 shares of the semiconductor company’s stock valued at $314,000 after purchasing an additional 157 shares during the last quarter. Bouchey Financial Group Ltd increased its position in shares of Microchip Technology by 4.4% during the 4th quarter. Bouchey Financial Group Ltd now owns 3,771 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 159 shares during the last quarter. Clean Yield Group increased its position in shares of Microchip Technology by 9.4% during the 3rd quarter. Clean Yield Group now owns 1,890 shares of the semiconductor company’s stock valued at $121,000 after purchasing an additional 163 shares during the last quarter. Global Trust Asset Management LLC increased its position in shares of Microchip Technology by 2.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 7,263 shares of the semiconductor company’s stock valued at $466,000 after purchasing an additional 169 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of Microchip Technology by 1.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 9,828 shares of the semiconductor company’s stock valued at $626,000 after purchasing an additional 175 shares during the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Microchip Technology news, CEO Steve Sanghi sold 98,814 shares of the company’s stock in a transaction 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 transaction, the chief executive officer owned 9,922,319 shares of the company’s stock, valued at $799,242,795.45. This represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.94% of the stock is owned by company insiders.

Microchip Technology Stock Performance

Shares of Microchip Technology stock opened at $74.49 on Thursday. The stock’s fifty day moving average is $70.29 and its two-hundred day moving average is $66.88. The company has a market capitalization of $40.31 billion, a PE ratio of -256.86, a price-to-earnings-growth ratio of 1.00 and a beta of 1.49. The company has a quick ratio of 1.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.82. Microchip Technology Incorporated has a 52 week low of $36.32 and a 52 week high of $83.35.

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

Microchip Technology Announces Dividend

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

Key Stories Impacting Microchip Technology

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

• Positive Sentiment: New high-performance dsPIC33AK256MPS306 digital signal controllers announced — adds post-quantum cryptography, high-speed ADCs/PWMs and motor/power-control features that target AI/data-center power, automotive and industrial customers; could expand TAM and drive design wins. Microchip Expands dsPIC33A DSC Family
• Positive Sentiment: Strategic distributor appointment — Spirit Electronics named an authorized Americas distributor for Microchip’s high‑reliability products, improving access to defense and aerospace customers and easing procurement for safety‑critical programs. Spirit Electronics Named Authorized Distributor
• Positive Sentiment: Momentum and relative strength coverage — market pieces and momentum-themed writeups (Zacks/Yahoo/MSN) highlight rising relative price strength and investor interest, which can attract momentum flows and short‑term buyers. Are You Looking for a Top Momentum Pick? Why Microchip Technology (MCHP) is a Great Choice
• Neutral Sentiment: Analyst consensus remains constructive but mixed — brokerages give an average “Moderate Buy” tone and median price targets above current levels, supporting a positive medium‑term bias but not unanimous enthusiasm. Microchip Given Average Rating of “Moderate Buy”
• Negative Sentiment: Critics highlight valuation and a pause risk — a Yahoo opinion piece lists reasons to sell after the run-up (valuation, potential cyclical exposure), which can pressure near-term sentiment among tactical investors. 3 Reasons to Sell MCHP and 1 Stock to Buy Instead
• Negative Sentiment: Material insider selling noted — filings and data‑compilation reports show significant insider sales by senior executives over recent months, which can be viewed negatively by investors despite possible non‑operational reasons. Quiver Quant / Insider Activity & Product Release

Analyst Upgrades and Downgrades

MCHP has been the topic of several analyst reports. Mizuho boosted their target price on Microchip Technology from $83.00 to $90.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Piper Sandler boosted their target price on Microchip Technology from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Needham & Company LLC boosted their target price on Microchip Technology from $77.00 to $84.00 and gave the company a “buy” rating in a research report on Friday, February 6th. B. Riley Financial boosted their target price on Microchip Technology from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, Zacks Research downgraded Microchip Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $86.00.

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.