<div id="readability-page-1"><p>Microchip Technology Incorporated (NASDAQ:MCHP - Get Free Report) was the target of some unusual options trading activity on Friday. Traders purchased 28,913 call options on the company. This represents an increase of 220% compared to the average volume of 9,023 call options.</p><div><p><span></span><span>Get <strong>Microchip Technology</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><ul><li>Why These 3 Automotive &amp; Industrial Chip Stocks Just Soared</li></ul><p>A number of equities research analysts have weighed in on MCHP shares. TD Cowen decreased their price target on shares of Microchip Technology from $65.00 to $60.00 and set a &#34;hold&#34; rating on the stock in a research note on Friday, November 7th. KeyCorp  reissued an &#34;overweight&#34; rating on shares of Microchip Technology in a research note on Wednesday, December 3rd. Morgan Stanley increased their price target on shares of Microchip Technology from $63.00 to $68.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Tuesday, November 4th. Susquehanna decreased their price objective on Microchip Technology from $85.00 to $75.00 and set a &#34;positive&#34; rating on the stock in a report on Friday, November 7th. Finally, Citigroup lowered their price objective on Microchip Technology from $90.00 to $80.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, November 7th. One research analyst  has rated the stock with a Strong Buy rating, twelve have issued  a Buy rating, seven have issued  a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat, Microchip Technology currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $74.95.</p><p><b>Read Our Latest Stock Analysis on MCHP</b></p><h2>Insider Buying and Selling</h2><ul><li>AI Demand Is Coming—Is Microchip Technology Ready?</li></ul><p>In other Microchip Technology news, CFO James Eric Bjornholt sold 4,292 shares of the business's stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $50.39, for a total transaction of $216,273.88. Following the completion of the transaction, the chief financial officer owned 30,089 shares of the company's stock, valued at $1,516,184.71. The trade was a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. 1.94% of the stock is owned by company insiders. </p><h2>Institutional Inflows and Outflows</h2><p>Several institutional investors have recently bought and sold shares of MCHP. Parsons Capital Management Inc. RI bought a new position in shares of  Microchip Technology in the second quarter valued at about $280,000.  Mizuho Markets Cayman LP acquired a new position in  Microchip Technology in the 2nd quarter valued at about $107,584,000.  Boston Partners grew its stake in  Microchip Technology by 38.0% in the 2nd quarter. Boston Partners now owns 14,802,525 shares of the semiconductor company's stock valued at $1,040,114,000 after buying an additional 4,076,112 shares during the last quarter.  T. Rowe Price Investment Management Inc. raised its holdings in  Microchip Technology by 0.9% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,630,574 shares of the semiconductor company's stock valued at $805,087,000 after acquiring an additional 152,434 shares during the period.  Finally, Wealth Enhancement Advisory Services LLC lifted its position in  Microchip Technology by 4.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 421,195 shares of the semiconductor company's stock worth $30,773,000 after acquiring an additional 17,366 shares during the last quarter. Institutional investors own  91.51% of the company's stock. </p><h2>Microchip Technology Price Performance</h2><ul><li>Microchip Technologies on Track for Macro Reversal and Rebound</li></ul><p>Shares of NASDAQ MCHP traded down $1.19 during mid-day trading on Friday, hitting $67.90. 4,707,095 shares of the stock were exchanged, compared to its average volume of 9,675,263. The company has a market cap of $36.70 billion, a P/E ratio of -150.44, a PEG ratio of 2.14 and a beta of 1.47. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.20 and a current ratio of 2.25. Microchip Technology has a twelve month low of $34.13 and a twelve month high of $77.20. The stock's fifty day simple moving average is $60.41 and its two-hundred day simple moving average is $64.82. </p><p>Microchip Technology (NASDAQ:MCHP - Get Free Report) last announced its earnings results on Thursday, November 6th. The semiconductor company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.02. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. Microchip Technology had a positive return on equity of 5.21% and a negative net margin of 4.39%.The firm's quarterly revenue was down 2.0% compared to the same quarter last year. During the same period last year, the company posted $0.46 earnings per share. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS.  As a group, analysts forecast that  Microchip Technology will post 1.03 EPS for the current fiscal year. </p><h2>Microchip Technology Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were paid a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, November 24th. Microchip Technology's dividend payout ratio  is -404.44%. </p><h2>Microchip Technology Company Profile</h2> (Get Free Report)<p>Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.</p><h2>Read More</h2><ul><li>Five stocks we like better than Microchip Technology</li><li>Stock Splits, Do They Really Impact Investors?</li><li>Broadcom Slips Post-Earnings Even as AI Demand Goes Parabolic</li><li>How to trade using analyst ratings</li><li>Qualcomm Just Got Called an AI Loser—So Why Is It Rallying?</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>2 Small-Cap Biotechs That Could Reward Patient Investors</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Microchip Technology Right Now?</h2><p>Before you consider Microchip Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microchip Technology wasn't on the list.</p><p>While Microchip Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MCHP

<p>Microchip Technology (NASDAQ:MCHP) experienced unusual options trading activity with 28,913 call options purchased, a 220% increase from the average. Analysts have mixed ratings on the stock, with a consensus rating of 'Moderate Buy' and a price target of $74.95. The company's CFO sold shares, and institutional investors have been active. The stock traded at $67.90 with a market cap of $36.70 billion. Recent earnings beat estimates with $1.14 billion in revenue.</p>

Microchip Technology Sees Unusually High Options Volume (NASDAQ:MCHP)