Danske Bank A S Increases Stock Position in Microchip Technology Incorporated $MCHP

Key Points

• Danske Bank A/S increased its stake in Microchip Technology by 7.6% in Q4, adding 19,600 shares to hold 276,422 shares worth about $17.6 million.
• Microchip beat EPS estimates ($0.44 vs. $0.43) with revenue of $1.19 billion (up 15.6% year-over-year) and set Q4 2026 EPS guidance of $0.480–$0.520, while the stock has a market cap of about $50.8 billion and a negative trailing P/E.
• CEO Steve Sanghi sold 416,581 shares for roughly $36.9 million under a pre-arranged 10b5-1 plan (a ~4.2% reduction), amid high institutional ownership (~91.5%) and insiders holding about 1.94%.

Danske Bank A S increased its position in Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 276,422 shares of the semiconductor company's stock after purchasing an additional 19,600 shares during the quarter. Danske Bank A S owned 0.05% of Microchip Technology worth $17,614,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Winnow Wealth LLC acquired a new stake in Microchip Technology in the third quarter valued at $25,000. Root Financial Partners LLC acquired a new stake in Microchip Technology in the third quarter valued at $28,000. Salomon & Ludwin LLC raised its holdings in Microchip Technology by 219.3% in the third quarter. Salomon & Ludwin LLC now owns 479 shares of the semiconductor company's stock valued at $32,000 after acquiring an additional 329 shares in the last quarter. Quent Capital LLC acquired a new stake in Microchip Technology in the third quarter valued at $32,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its holdings in Microchip Technology by 106.8% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 517 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 267 shares in the last quarter. 91.51% of the stock is owned by institutional investors and hedge funds.

Microchip Technology Price Performance

Shares of NASDAQ:MCHP opened at $93.95 on Monday. The stock has a market capitalization of $50.84 billion, a price-to-earnings ratio of -323.97, a price-to-earnings-growth ratio of 1.26 and a beta of 1.75. Microchip Technology Incorporated has a 1-year low of $46.68 and a 1-year high of $94.56. The company's fifty day moving average is $71.81 and its two-hundred day moving average is $68.44. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.16 and a current ratio of 2.16.

Microchip Technology (NASDAQ:MCHP - Get Free Report) last issued its earnings results on Thursday, February 5th. The semiconductor company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.01. The company had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. Microchip Technology had a negative net margin of 1.57% and a positive return on equity of 7.16%. The firm's revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.20 earnings per share. Microchip Technology has set its Q4 2026 guidance at 0.480-0.520 EPS. Equities analysts anticipate that Microchip Technology Incorporated will post 1.16 EPS for the current year.

Microchip Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were issued a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, February 23rd. Microchip Technology's dividend payout ratio (DPR) is -627.59%.

Insider Buying and Selling at Microchip Technology

In related news, CEO Steve Sanghi sold 416,581 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $88.53, for a total value of $36,879,915.93. Following the sale, the chief executive officer owned 9,495,805 shares of the company's stock, valued at $840,663,616.65. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.94% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MCHP. Susquehanna upped their price target on shares of Microchip Technology from $75.00 to $90.00 and gave the company a "positive" rating in a report on Thursday, January 22nd. Mizuho upped their price target on shares of Microchip Technology from $83.00 to $90.00 and gave the company an "outperform" rating in a report on Friday, February 6th. Wall Street Zen cut shares of Microchip Technology from a "buy" rating to a "hold" rating in a report on Saturday, April 25th. JPMorgan Chase & Co. upped their price target on shares of Microchip Technology from $85.00 to $95.00 and gave the company an "overweight" rating in a report on Friday, February 6th. Finally, Barclays began coverage on shares of Microchip Technology in a report on Thursday, February 12th. They issued an "equal weight" rating and a $80.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $86.00.

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.

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