ING Groep NV Acquires 128,053 Shares of Microchip Technology Incorporated $MCHP

ING Groep NV increased its holdings in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 51.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 377,550 shares of the semiconductor company’s stock after acquiring an additional 128,053 shares during the quarter. ING Groep NV owned about 0.07% of Microchip Technology worth $24,246,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Krilogy Financial LLC bought a new position in shares of Microchip Technology in the third quarter valued at about $434,000. Advisors Asset Management Inc. grew its stake in Microchip Technology by 16.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 153,654 shares of the semiconductor company’s stock valued at $9,868,000 after buying an additional 21,475 shares during the last quarter. ABC Arbitrage SA acquired a new position in Microchip Technology in the 3rd quarter valued at about $487,000. Stratos Wealth Partners LTD. lifted its position in Microchip Technology by 8.5% during the third quarter. Stratos Wealth Partners LTD. now owns 7,562 shares of the semiconductor company’s stock worth $486,000 after acquiring an additional 590 shares during the last quarter. Finally, Versor Investments LP acquired a new stake in Microchip Technology during the third quarter worth approximately $963,000. Institutional investors and hedge funds own 91.51% of the company’s stock.

Microchip Technology News Summary

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

• Positive Sentiment: Microchip launched production-ready, full‑stack edge AI solutions that package MCUs/MPUs, pre-trained models and development tools — a clear push into higher‑value embedded AI markets that can expand TAM and support higher ASPs for its devices. Edge AI Release
• Positive Sentiment: Analyst momentum: Argus upgraded MCHP to a “strong-buy” and several firms have raised price targets recently, which can attract fresh inflows and lift sentiment. Argus Upgrade
• Neutral Sentiment: Investor access: Microchip will present at the Wolfe Research Auto/Auto‑Tech & Semiconductor Conference (Feb 11), providing another forum for management to discuss growth drivers and the new Edge AI roadmap with investors. Wolfe Conference
• Negative Sentiment: Microchip priced an upsized offering of convertible senior notes totaling $800M (after a prior $600M announcement). The deal raises near‑term liquidity but increases potential debt and conversion dilution; hedging/capped‑call transactions may blunt dilution, yet investor hedge activity can add share‑price volatility. Convertible Notes Pricing
• Negative Sentiment: Valuation concerns and insider selling: some analysts and commentary flag stretched valuation after the recent run, and public filings show insider share sales in recent months — both potential headwinds for sentiment if momentum fades. Valuation Critique

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MCHP shares. Susquehanna upped their target price on Microchip Technology from $75.00 to $90.00 and gave the company a “positive” rating in a research report on Thursday, January 22nd. Citigroup decreased their price objective on Microchip Technology from $92.00 to $91.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Wolfe Research set a $85.00 price objective on Microchip Technology in a research report on Tuesday, January 6th. Wall Street Zen raised Microchip Technology from a “hold” rating to a “buy” rating in a report on Saturday. Finally, B. Riley Financial upped their price target on shares of Microchip Technology from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $86.27.

Microchip Technology Stock Performance

NASDAQ:MCHP opened at $76.86 on Wednesday. The company has a market cap of $41.59 billion, a price-to-earnings ratio of -265.03, a PEG ratio of 1.86 and a beta of 1.46. Microchip Technology Incorporated has a fifty-two week low of $34.13 and a fifty-two week high of $81.43. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.16 and a current ratio of 2.16. The stock has a fifty day moving average price of $70.83 and a 200-day moving average price of $65.59.

Microchip Technology (NASDAQ:MCHP) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter last year, the business earned $0.20 earnings per share. Microchip Technology’s 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, equities analysts anticipate that Microchip Technology Incorporated will post 1.03 EPS for the current fiscal year.

Microchip Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd will be given a $0.455 dividend. The ex-dividend date is Monday, February 23rd. This represents a $1.82 annualized dividend and a dividend yield of 2.4%. Microchip Technology’s payout ratio is presently -627.59%.

Insider Buying and Selling

In other Microchip Technology news, CFO James Eric Bjornholt sold 4,292 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total transaction of $216,273.88. Following the completion of the sale, the chief financial officer directly owned 30,089 shares in the company, valued at $1,516,184.71. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steve Sanghi sold 98,814 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $80.55, for a total value of $7,959,467.70. Following the completion of the sale, the chief executive officer directly owned 9,922,319 shares in the company, valued at approximately $799,242,795.45. This represents a 0.99% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 121,615 shares of company stock valued at $9,641,654. 1.94% of the stock is currently owned by insiders.

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.