<div id="readability-page-1"><p>Daiwa Securities Group Inc. lowered its position in  Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) by 18.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 131,942 shares of the semiconductor company's stock after selling 29,938 shares during the period. Daiwa Securities Group Inc.'s holdings in Microchip Technology were worth $9,285,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Microchip Technology</strong> alerts:</span></p></div><ul><li>Why These 3 Automotive &amp; Industrial Chip Stocks Just Soared</li></ul><p>Other institutional investors and hedge funds have also bought and sold shares of the company. Sagespring Wealth Partners LLC boosted its stake in shares of  Microchip Technology by 2.7% in the second quarter. Sagespring Wealth Partners LLC now owns 5,787 shares of the semiconductor company's stock worth $407,000 after acquiring an additional 154 shares during the period.  Mechanics Financial Corp lifted its holdings in  Microchip Technology by 3.4% in the 2nd quarter. Mechanics Financial Corp now owns 5,014 shares of the semiconductor company's stock worth $353,000 after purchasing an additional 167 shares in the last quarter.  Bollard Group LLC boosted its stake in  Microchip Technology by 5.8% in the 2nd quarter. Bollard Group LLC now owns 3,178 shares of the semiconductor company's stock worth $224,000 after purchasing an additional 173 shares during the period.  Global X Japan Co. Ltd. grew its holdings in  Microchip Technology by 0.4% during the 2nd quarter. Global X Japan Co. Ltd. now owns 45,705 shares of the semiconductor company's stock valued at $3,216,000 after buying an additional 174 shares in the last quarter.  Finally, Bank of Jackson Hole Trust raised its position in shares of  Microchip Technology by 2.0% during the second quarter. Bank of Jackson Hole Trust now owns 8,828 shares of the semiconductor company's stock valued at $621,000 after buying an additional 174 shares during the last quarter. 91.51% of the stock is owned by institutional investors. </p><h2>Insider Activity</h2><p>In other news, CFO James Eric Bjornholt sold 4,292 shares of the business's stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total value of $216,273.88. Following the completion of the transaction, the chief financial officer directly owned 30,089 shares of the company's stock, valued at approximately $1,516,184.71. The trade was a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own  1.94% of the company's stock. </p><h2>Microchip Technology Stock Up 1.6%</h2><ul><li>AI Demand Is Coming—Is Microchip Technology Ready?</li></ul><p>Shares of MCHP opened at $67.90 on Thursday. The firm has a fifty day moving average price of $60.35 and a 200-day moving average price of $64.79. The company has a current ratio of 2.25, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $36.70 billion, a P/E ratio of -150.89, a P/E/G ratio of 2.11 and a beta of 1.47. Microchip Technology Incorporated has a 12-month low of $34.13 and a 12-month high of $77.20. </p><p>Microchip Technology (NASDAQ:MCHP - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. Microchip Technology had a positive return on equity of 5.21% and a negative net margin of 4.39%.The company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.13 billion. During the same quarter in the prior year, the firm earned $0.46 earnings per share. Microchip Technology's revenue was down 2.0% compared to the same quarter last year. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS.  Equities research analysts expect that  Microchip Technology Incorporated will post 1.03 earnings per share for the current year. </p><h2>Microchip Technology Announces Dividend</h2><ul><li>Microchip Technologies on Track for Macro Reversal and Rebound</li></ul><p>The business also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th were given a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, November 24th. Microchip Technology's dividend payout ratio (DPR) is -404.44%. </p><h2>Analyst Ratings Changes</h2><p>A number of brokerages have issued reports on MCHP. Susquehanna reduced their price target on shares of 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. Bank of America lifted their target price on Microchip Technology from $67.00 to $72.00 and gave the stock a &#34;neutral&#34; rating in a report on Friday, December 5th. Wells Fargo &amp; Company decreased their target price on Microchip Technology from $60.00 to $58.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Friday, November 7th. Citigroup dropped their price target on Microchip Technology from $90.00 to $80.00 and set a &#34;buy&#34; rating for the company in a research note on Friday, November 7th. Finally, TD Cowen reduced their price objective on 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. One research analyst  has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have assigned  a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and an average target price of $74.95.</p><p><b>Read Our Latest Analysis on MCHP</b></p><h2>Microchip Technology Profile</h2> (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>Featured Articles</h2><ul><li>Five stocks we like better than Microchip Technology</li><li>Asset Allocation Strategies in Volatile Markets</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>Following Congress Stock Trades</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>Investing in the High PE Growth Stocks </li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUNIUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUNIUA"/></p><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>Daiwa Securities Group Inc. reduced its stake in Microchip Technology by 18.5% in Q2, owning 131,942 shares worth $9.29 million. Other institutional investors adjusted their holdings, with some increasing their stakes. Microchip Technology's stock opened at $67.90, with a market cap of $36.70 billion. The company reported Q3 earnings of $0.35 per share, exceeding estimates, and announced a quarterly dividend of $0.455 per share. Analysts have adjusted their price targets for the stock.</p>

Daiwa Securities Group Inc. Lowers Stake in Microchip Technology Incorporated $MCHP