Fox Run Management L.L.C. Sells 16,508 Shares of Microchip Technology Incorporated $MCHP

09 Jun 2026, 06:13 by Doug Wharley · The Cerbat Gem

Fox Run Management L.L.C. cut its holdings in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 37.0% during the 4th quarter, Holdings Channel reports. The firm owned 28,109 shares of the semiconductor company’s stock after selling 16,508 shares during the period. Fox Run Management L.L.C.’s holdings in Microchip Technology were worth $1,791,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in MCHP. Norges Bank bought a new position in shares of Microchip Technology during the fourth quarter worth approximately $664,564,000. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Microchip Technology by 25.7% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 11,048,057 shares of the semiconductor company’s stock worth $709,506,000 after purchasing an additional 2,257,932 shares during the period. Holocene Advisors LP increased its holdings in shares of Microchip Technology by 77.0% during the third quarter. Holocene Advisors LP now owns 4,709,538 shares of the semiconductor company’s stock worth $302,447,000 after purchasing an additional 2,049,249 shares during the period. Rafferty Asset Management LLC increased its holdings in shares of Microchip Technology by 41.0% during the second quarter. Rafferty Asset Management LLC now owns 6,203,762 shares of the semiconductor company’s stock worth $436,559,000 after purchasing an additional 1,803,945 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of Microchip Technology by 18.8% during the third quarter. Bank of America Corp DE now owns 11,419,944 shares of the semiconductor company’s stock worth $733,389,000 after purchasing an additional 1,803,831 shares during the period. 91.51% of the stock is owned by institutional investors.

Insider Activity at Microchip Technology

In other Microchip Technology news, Director Matthew W. Chapman sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $97.52, for a total value of $292,560.00. Following the sale, the director owned 17,665 shares in the company, valued at $1,722,690.80. This trade represents a 14.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Richard J. Simoncic sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $97.52, for a total transaction of $487,600.00. Following the completion of the sale, the chief operating officer owned 130,508 shares in the company, valued at $12,727,140.16. This represents a 3.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 553,302 shares of company stock worth $49,673,635. Corporate insiders own 1.94% of the company’s stock.

Microchip Technology Stock Performance

Shares of NASDAQ:MCHP opened at $91.37 on Tuesday. The company’s 50 day simple moving average is $85.54 and its 200 day simple moving average is $74.62. The stock has a market capitalization of $49.53 billion, a price-to-earnings ratio of 435.12, a price-to-earnings-growth ratio of 0.93 and a beta of 1.73. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.09 and a quick ratio of 1.18. Microchip Technology Incorporated has a 1 year low of $48.52 and a 1 year high of $105.91.

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

Microchip Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 22nd. Microchip Technology’s dividend payout ratio (DPR) is 866.67%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MCHP. Wall Street Zen raised shares of Microchip Technology from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Truist Financial raised their target price on shares of Microchip Technology from $69.00 to $105.00 and gave the stock a “hold” rating in a report on Friday, May 8th. Weiss Ratings raised shares of Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday. Wells Fargo & Company raised their target price on shares of Microchip Technology from $75.00 to $95.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, Susquehanna raised their target price on shares of Microchip Technology from $95.00 to $120.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $97.52.

Get Our Latest Stock Analysis on Microchip Technology

Trending Headlines about Microchip Technology

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

Positive Sentiment: Microchip was named in multiple articles highlighting a broader rebound in semiconductor stocks and renewed investor interest in chip names tied to AI and data-center growth. 5 Stocks to Boost Your Portfolio on Soaring Semiconductor Sales
Positive Sentiment: Recent coverage says Microchip expects significant growth in its Data Center Solutions revenue, helping support the bullish case for the stock. Microchip Technology (MCHP) Expects Significant Growth in Data Center Solutions Revenue
Positive Sentiment: Analyst and investor commentary continues to emphasize improving bookings, backlog, and a stronger book-to-bill trend, which can signal a recovery in demand. Microchip Technology rises as semiconductor stocks rebound and investors revisit recent data-center growth outlook
Neutral Sentiment: The company announced it will present at the 2026 Mizuho Technology Conference, which is a routine investor-relations event but could provide new commentary on demand and guidance. Microchip Technology to Present at the 2026 Mizuho Technology Conference
Negative Sentiment: Chief Operating Officer Richard J. Simoncic disclosed a sale of 5,000 shares, adding a modest insider-selling data point that may weigh on sentiment. SEC Form 4 filing for Richard J. Simoncic

Microchip Technology Company Profile

(Free Report)

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.

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