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14 stories mentioning MCHPUpdated 27d ago

Every FINWIRES story that references MCHP, newest first.

Insider Trading

Microchip Technology Insider Sold Shares Worth $333,203, According to a Recent SEC Filing

James Eric Bjornholt, Senior Vice President and CFO, on May 22, 2026, sold 3,667 shares in Microchip Technology (MCHP) for $333,203. Following the Form 4 filing with the SEC, Bjornholt has control over a total of 28,573 common shares of the company, with 28,573 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/827054/000145268126000028/xslF345X05/wk-form4_1779829396.xml

$MCHP
Insider Trading

Microchip Technology Insider Sold Shares Worth $467,175, According to a Recent SEC Filing

Richard J Simoncic, COO, on May 22, 2026, sold 5,000 shares in Microchip Technology (MCHP) for $467,175. Following the Form 4 filing with the SEC, Simoncic has control over a total of 135,508 common shares of the company, with 135,508 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/827054/000118194526000018/xslF345X05/wk-form4_1779829451.xml

$MCHP
Wire

Argus Lifts Microchip Technology Price Target to $130 From $95

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $115.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $97.40, Change: $-1.70, Percent Change: -1.71%

$MCHP
Wire

Microchip Technology Q4 Results, Guidance Top Estimates as Recovery Broadens, BofA Says

Microchip Technology (MCHP) delivered Q4 results and guidance above Wall Street expectations, reinforcing signs of a broadening "recovery," BofA Securities said in a report Friday.The semiconductor company reported Q4 sales of $1.31 billion and earnings of $0.57 per share, topping Wall Street expectations by 4% and 13%, respectively. Q1 guidance for revenue of $1.46 billion and earnings of $0.69 per share also came in ahead of consensus estimates and implied sequential sales growth of 11%, according to the report.The firm said "recovery signals are strengthening" as distributor inventory normalizes, customer engagement improves and April bookings reach their highest level in nearly four years.The firm also pointed to growing momentum in aerospace and defense, data center pipeline demand including retimer components, networking, field programmable gate array, or FPGA, and artificial intelligence markets, supported by PCIe Gen6 switch wins, according to the report.BofA raised Microchip Technology's 2026 and 2027 earnings estimates by 17% and 8%, respectively, citing improving gross margins, higher utilization rates and continued execution of the company's turnaround strategy, while reiterating a buy rating and raising its price target to $122 from $112.Price: $98.25, Change: $-3.33, Percent Change: -3.28%

$MCHP
Wire

BofA Securities Raises Microchip Technology Price Target to $122 From $112, Maintains Buy Rating

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $115.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $98.99, Change: $-2.59, Percent Change: -2.55%

$MCHP
Wire

B. Riley Adjusts Microchip Technology Price Target to $125 From $95

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $115.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $99.05, Change: $-2.53, Percent Change: -2.49%

$MCHP
Wire

Barclays Adjusts Microchip Technology Price Target to $105 From $80

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $115.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $99.07, Change: $-2.51, Percent Change: -2.47%

$MCHP
Wire

UBS Adjusts Microchip Technology Price Target to $130 From $115, Maintains Buy Rating

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $113.87, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $103.44, Change: $+1.86, Percent Change: +1.83%

$MCHP
Research

Research Alert: CFRA Maintains Hold Opinion On Shares Of Microchip Technology

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target price to $110 from $82, on a P/E of 29.5x our CY 27 EPS estimate of $3.72, near peers but within historical levels. We raise our FY 27 (Mar.) EPS estimate to $2.98 from $2.72 and FY 28's to $3.97 from $3.65. After a solid beat and raise that mirrored many of its peers, MCHP noted that Mar-Q book-to-bill was well above 1. This has resulted in a significantly higher backlog entering the Jun-Q while April marks the strongest booking month in nearly four years. Distributor inventory fell to just 26 days at Mar-Q end, at the lower end of historical levels, as we think the business has moved to a broad-based recovery, with notable strength across industrial, data center, and aerospace & defense. MCHP appears well-positioned to gain share as it holds prices steady while competitors reportedly increase theirs. Gross margin expansion has more room to go, now in the low-60s with the potential to expand toward prior peak levels (high 60s), as factory utilization rates improve.

$MCHP
Research

Research Alert: Mchp: Solid Beat And Raise; Cyclical Recovery Gains Traction

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:MCHP delivered standout Mar-Q results with revenue of $1.31B (+35% Y/Y, +10.6% Q/Q) beating $1.263B consensus, while non-GAAP EPS of $0.57 exceeded $0.50 expectation. The strong sequential growth demonstrates meaningful momentum as semiconductor recovery gains traction with broad-based improvement across product lines and end markets. We are encouraged by impressive operational leverage as non-GAAP gross margins expanded to 61.6% and operating margins reached 30.6%, reflecting cumulative benefits of MCHP's disciplined nine-point recovery plan execution. Jun-Q guidance indicates continued strong momentum with revenue midpoint of $1.46B (+35.3% Y/Y, +11.0% Q/Q) ahead of $1.35B expectation and EPS guidance of $0.67-$0.71 vs $0.59 consensus. We believe inventory normalization continues progressing at accelerated pace, with days declining from 201 to 185 and $320.9M reduction from December peak, while connectivity business shows particular strength in data center and AI applications supporting market share gains.

$MCHP
Wire

Stifel Nicolaus Adjusts Microchip Technology Price Target to $108 From $90, Maintains Buy Rating

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $91.09, according to analysts polled by FactSet.Price: $98.99, Change: $+3.71, Percent Change: +3.89%

$MCHP
Wire

BofA Securities Lifts Microchip Technology Price Target to $112 From $95, Maintains Buy Rating

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $91.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $94.72, Change: $+0.77, Percent Change: +0.82%

$MCHP
Wire

Morgan Stanley Adjusts Price Target on Microchip Technology to $92 From $69, Maintains Equalweight Rating

Microchip Technology (MCHP) has an average rating of overweight and mean price target of $91.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $95.87, Change: $+1.91, Percent Change: +2.04%

$MCHP
Insider Trading

Microchip Technology Insider Sold Shares Worth $36,881,124, According to a Recent SEC Filing

Steve Sanghi, Director, President, CEO, and Chair of the Board, on April 23, 2026, sold 416,581 shares in Microchip Technology (MCHP) for $36,881,124. Following the Form 4 filing with the SEC, Sanghi has control over a total of 9,495,805 common shares of the company, with 9,495,805 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/827054/000118192826000018/xslF345X05/wk-form4_1777322521.xml

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