Leonteq Securities AG Makes New $981,000 Investment in Microchip Technology Incorporated $MCHP

Leonteq Securities AG bought a new position in shares of Microchip Technology Incorporated (NASDAQ:MCHP) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 15,397 shares of the semiconductor company’s stock, valued at approximately $981,000.

A number of other institutional investors and hedge funds have also modified their holdings of MCHP. Winnow Wealth LLC acquired a new stake in Microchip Technology during the 3rd quarter valued at $25,000. Root Financial Partners LLC purchased a new position in shares of Microchip Technology during the 3rd quarter worth $28,000. GoalVest Advisory LLC lifted its stake in shares of Microchip Technology by 174.0% during the 4th quarter. GoalVest Advisory LLC now owns 548 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 348 shares during the period. Board of the Pension Protection Fund purchased a new position in shares of Microchip Technology during the 4th quarter worth $38,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Microchip Technology in the 4th quarter worth $38,000. Institutional investors and hedge funds own 91.51% of the company’s stock.

Insiders Place Their Bets

In other Microchip Technology news, Director Matthew W. Chapman sold 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $95.48, for a total transaction of $954,800.00. Following the completion of the transaction, the director owned 20,665 shares of the company’s stock, valued at $1,973,094.20. The trade was a 32.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steve Sanghi sold 76,469 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer directly owned 9,385,834 shares of the company’s stock, valued at approximately $878,326,345.72. This represents a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 536,635 shares of company stock valued at $48,093,054 over the last quarter. 1.94% of the stock is currently owned by corporate insiders.

Microchip Technology Trading Down 3.1%

Microchip Technology stock opened at $91.11 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.18 and a current ratio of 2.09. The firm has a market cap of $49.30 billion, a price-to-earnings ratio of 433.88, a price-to-earnings-growth ratio of 0.99 and a beta of 1.75. Microchip Technology Incorporated has a 1 year low of $48.52 and a 1 year high of $105.91. The firm’s 50 day moving average price is $78.26 and its two-hundred day moving average price is $71.39.

Microchip Technology (NASDAQ:MCHP) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.50 by $0.07. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Microchip Technology had a return on equity of 10.87% and a net margin of 4.88%.Microchip Technology’s revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.11 earnings per share. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. On average, research analysts predict that Microchip Technology Incorporated will post 2.58 EPS for the current fiscal year.

Microchip Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a $0.455 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.82 dividend on an annualized basis and a yield of 2.0%. Microchip Technology’s dividend payout ratio is currently 866.67%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Argus raised Microchip Technology to a “strong-buy” rating in a research report on Monday, February 9th. Weiss Ratings downgraded Microchip Technology from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. Susquehanna lifted their price target on Microchip Technology from $95.00 to $120.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Rosenblatt Securities lifted their price target on Microchip Technology from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Zacks Research raised shares of Microchip Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $97.52.

Microchip Technology 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.