Massachusetts Financial Services Co. MA Reduces Stock Holdings in Microchip Technology Incorporated $MCHP

Key Points

• Massachusetts Financial Services Co. MA cut its stake in Microchip Technology by 12.8% in Q4, selling 80,195 shares and now holding 547,588 shares (about 0.10% of the company) worth roughly $34.89 million.
• CEO Steve Sanghi sold 98,814 shares at an average price of $80.55 for about $7.96 million, trimming his holdings by 0.99% though he still owns ~9.92 million shares; insiders overall own 1.94% of the stock.
• Operational/market update: Microchip reported $0.44 EPS vs. $0.43 expected and $1.19B revenue (up 15.6% YoY), set Q4 2026 guidance of $0.480–0.520 EPS, and carries a consensus analyst rating of "Moderate Buy" with a $86 target.

Massachusetts Financial Services Co. MA decreased its position in Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) by 12.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 547,588 shares of the semiconductor company's stock after selling 80,195 shares during the period. Massachusetts Financial Services Co. MA owned about 0.10% of Microchip Technology worth $34,892,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Florida Trust Wealth Management Co lifted its stake in Microchip Technology by 3.3% in the third 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 lifted its stake in Microchip Technology by 4.4% in the fourth 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 lifted its stake in Microchip Technology by 9.4% in the third 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. Slagle Financial LLC lifted its stake in Microchip Technology by 0.3% in the third quarter. Slagle Financial LLC now owns 64,485 shares of the semiconductor company's stock valued at $4,141,000 after purchasing an additional 168 shares during the last quarter. Finally, Global Trust Asset Management LLC lifted its stake in Microchip Technology by 2.4% in the third 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. Hedge funds and other institutional investors own 91.51% of the company's stock.

Microchip Technology Trading Down 0.0%

NASDAQ:MCHP opened at $74.49 on Thursday. The company has a market cap of $40.31 billion, a P/E ratio of -256.86, a P/E/G ratio of 1.00 and a beta of 1.49. The stock's fifty day moving average price is $70.29 and its two-hundred day moving average price is $66.88. Microchip Technology Incorporated has a 1 year low of $36.32 and a 1 year high of $83.35. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.16 and a quick ratio of 1.16.

Microchip Technology (NASDAQ:MCHP - Get Free Report) last posted its earnings results on Thursday, February 5th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.01. Microchip Technology had a positive return on equity of 7.16% and a negative net margin of 1.57%.The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the business posted $0.20 earnings per share. The business's quarterly revenue was up 15.6% on a year-over-year basis. 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 EPS for the current year.

Microchip Technology Announces Dividend

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

Insider Activity

In related news, CEO Steve Sanghi sold 98,814 shares of the 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 sale, the chief executive officer owned 9,922,319 shares in the company, valued at approximately $799,242,795.45. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.94% of the company's stock.

Analysts Set New Price Targets

MCHP has been the topic of several research analyst reports. Wall Street Zen upgraded Microchip Technology from a "hold" rating to a "buy" rating in a research note on Tuesday, March 31st. Stifel Nicolaus set a $90.00 target price on Microchip Technology in a research report on Friday, February 6th. KeyCorp restated an "overweight" rating and set a $85.00 target price on shares of Microchip Technology in a research report on Friday, February 6th. Jefferies Financial Group restated a "hold" rating on shares of Microchip Technology in a research report on Wednesday, February 4th. Finally, BNP Paribas Exane upgraded Microchip Technology from a "neutral" rating to an "outperform" rating and set a $90.00 target price on the stock in a research report on Thursday, January 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $86.00.

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

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.

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