North Dallas Bank & Trust Co. Invests $675,000 in Microchip Technology Incorporated $MCHP

North Dallas Bank & Trust Co. acquired a new position in shares of Microchip Technology Incorporated (NASDAQ:MCHP) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 10,586 shares of the semiconductor company’s stock, valued at approximately $675,000.

Other institutional investors have also modified their holdings of the company. AQR Capital Management LLC lifted its position in Microchip Technology by 51.3% in the first quarter. AQR Capital Management LLC now owns 17,201 shares of the semiconductor company’s stock valued at $827,000 after acquiring an additional 5,835 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Microchip Technology by 101.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock valued at $59,000 after acquiring an additional 616 shares during the last quarter. Cresset Asset Management LLC lifted its position in Microchip Technology by 5.4% in the second quarter. Cresset Asset Management LLC now owns 11,433 shares of the semiconductor company’s stock valued at $805,000 after acquiring an additional 589 shares during the last quarter. AXA S.A. lifted its position in Microchip Technology by 21.3% in the second quarter. AXA S.A. now owns 51,552 shares of the semiconductor company’s stock valued at $3,628,000 after acquiring an additional 9,043 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in Microchip Technology by 1.6% in the second quarter. Treasurer of the State of North Carolina now owns 246,530 shares of the semiconductor company’s stock valued at $17,348,000 after acquiring an additional 3,851 shares during the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Microchip Technology

In other Microchip Technology news, Director Matthew W. Chapman sold 10,000 shares of Microchip Technology stock in a transaction on Friday, May 15th. The shares were sold at an average price of $95.48, for a total value of $954,800.00. Following the transaction, the director directly owned 20,665 shares in the company, valued at approximately $1,973,094.20. The trade was a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Steve Sanghi sold 416,581 shares of Microchip Technology stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $88.53, for a total transaction of $36,879,915.93. Following the completion of the transaction, the chief executive officer owned 9,495,805 shares in the company, valued at approximately $840,663,616.65. This represents a 4.20% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 553,302 shares of company stock valued at $49,673,635. Company insiders own 1.94% of the company’s stock.

Microchip Technology Trading Up 0.1%

NASDAQ MCHP opened at $91.47 on Wednesday. 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 $49.58 billion, a PE ratio of 435.59, a P/E/G ratio of 0.96 and a beta of 1.73. Microchip Technology Incorporated has a one year low of $48.52 and a one year high of $105.91. The firm’s fifty day moving average is $86.13 and its two-hundred day moving average is $74.90.

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

Microchip Technology Dividend Announcement

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

Trending Headlines about Microchip Technology

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

• Positive Sentiment: Microchip is drawing bullish attention from analysts and market commentary that highlight AI data-center wins, improving bookings/backlog, and growth in data-center solutions revenue. Microchip or Fabrinet: Which Tech Stock Is a Better Buy Now?
• Positive Sentiment: The company announced TimePictra 12, a new synchronization-management platform for critical infrastructure, reinforcing its product pipeline and systems-software growth story. Microchip Announces the TimePictra 12 Platform to Strengthen Synchronization Management for Critical Infrastructure
• Positive Sentiment: Shares are also benefiting from a broader rebound in semiconductor stocks after a recent sector selloff, which has lifted sentiment across chip names. Western Digital, Microchip Technology, and Seagate Shares Are Soaring, What You Need To Know
• Neutral Sentiment: Microchip will present at the 2026 Mizuho Technology Conference, which could offer fresh guidance or commentary but is currently a routine investor-relations event. Microchip Technology to Present at the 2026 Mizuho Technology Conference
• Negative Sentiment: COO Richard J. Simoncic disclosed a sale of 5,000 shares, a modest insider-selling signal that may slightly weigh on investor sentiment. SEC Form 4 filing for Richard J. Simoncic

Wall Street Analyst Weigh In

MCHP has been the subject of a number of research reports. Rosenblatt Securities boosted their price target on shares of Microchip Technology from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Citigroup boosted their price target on shares of Microchip Technology from $91.00 to $113.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Susquehanna boosted their price target on shares of Microchip Technology from $95.00 to $120.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Barclays boosted their price target on shares of Microchip Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Finally, Zacks Research raised shares of Microchip Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $97.52.

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.