Microchip Technology (MCHP) is up 5.3% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is continued investor follow-through from Microchip’s recent recovery update, which showed revenue and earnings ahead of guidance, improving bookings, and a stronger outlook for the June quarter. The move also appears supported by growing enthusiasm around the company’s data-center and AI connectivity products, although there does not appear to be one single fresh headline fully explaining today’s gain.
Details:
Microchip’s latest quarterly report showed March-quarter net sales of $1.311 billion, up 35.1% from a year earlier and above the high end of its prior guidance.The company guided for about $1.456 billion in June-quarter revenue at the midpoint, implying another double-digit sequential increase and signaling that demand recovery is continuing.Management said booking activity and business visibility were strengthening, while internal and channel inventory levels continued to come down, which can support better factory utilization and margins.Separate June disclosures highlighted faster growth in the company’s data-center solutions business and new PCIe 6.0 and CXL 3.1 retimer products aimed at AI infrastructure, which could be reinforcing bullish sentiment.Sources:
Microchip Technology Investor Relations, Microchip Technology, StockAnalysis
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$MCHP Insider Trading Activity
$MCHP insiders have traded $MCHP stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $MCHP stock by insiders over the last 6 months:
- STEVE SANGHI (President, CEO and Chair of Bd) has made 0 purchases and 6 sales selling 738,744 shares for an estimated $64,380,987.
- RICHARD J SIMONCIC (CHIEF OPERATING OFFICER) has made 0 purchases and 4 sales selling 20,083 shares for an estimated $1,937,999.
- MATHEW B BUNKER (SENIOR VP, OPERATIONS) has made 0 purchases and 2 sales selling 20,571 shares for an estimated $1,807,855.
- MATTHEW W CHAPMAN has made 0 purchases and 2 sales selling 13,000 shares for an estimated $1,247,344.
- JAMES ERIC BJORNHOLT (SENIOR VP AND CFO) has made 0 purchases and 4 sales selling 9,197 shares for an estimated $763,191.
- JOSEPH R II KRAWCZYK (SR. VP, WW CLIENT ENGAGEMENT) sold 4,400 shares for an estimated $345,743
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$MCHP Hedge Fund Activity
We have seen 567 institutional investors add shares of $MCHP stock to their portfolio, and 586 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BARCLAYS PLC removed 4,189,213 shares (-29.9%) from their portfolio in Q1 2026, for an estimated $270,665,051
- NORGES BANK added 3,703,281 shares (+55.1%) to their portfolio in Q4 2025, for an estimated $235,973,065
- CITADEL ADVISORS LLC removed 3,635,599 shares (-81.9%) from their portfolio in Q1 2026, for an estimated $234,896,051
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 2,977,562 shares (-31.4%) from their portfolio in Q4 2025, for an estimated $189,730,250
- POINT72 ASSET MANAGEMENT, L.P. added 2,323,949 shares (+inf%) to their portfolio in Q1 2026, for an estimated $150,150,344
- GOLDMAN SACHS GROUP INC added 2,215,353 shares (+41.3%) to their portfolio in Q1 2026, for an estimated $143,133,957
- BALYASNY ASSET MANAGEMENT L.P. added 1,948,747 shares (+23343.9%) to their portfolio in Q1 2026, for an estimated $125,908,543
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MCHP Government Contracts
We have seen $2,340,644 of award payments to $MCHP over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$MCHP Analyst Ratings
Wall Street analysts have issued reports on $MCHP in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Rosenblatt issued a "Buy" rating on 05/08/2026
- Needham issued a "Buy" rating on 05/08/2026
- Cantor Fitzgerald issued a "Overweight" rating on 02/02/2026
- Piper Sandler issued a "Overweight" rating on 01/15/2026
- Mizuho issued a "Outperform" rating on 01/09/2026
- JP Morgan issued a "Overweight" rating on 01/06/2026
To track analyst ratings and price targets for $MCHP, check out Quiver Quantitative's $MCHP forecast page.
$MCHP Price Targets
Multiple analysts have issued price targets for $MCHP recently. We have seen 19 analysts offer price targets for $MCHP in the last 6 months, with a median target of $105.0.
Here are some recent targets:
- Matthew Prisco from Cantor Fitzgerald set a target price of $125.0 on 05/13/2026
- Tom O'Malley from Barclays set a target price of $105.0 on 05/11/2026
- Kevin Cassidy from Rosenblatt set a target price of $120.0 on 05/08/2026
- N. Quinn Bolton from Needham set a target price of $120.0 on 05/08/2026
- Mark Lipacis from Evercore ISI Group set a target price of $117.0 on 05/08/2026
- Christopher Rolland from Susquehanna set a target price of $120.0 on 05/08/2026
- Joe Quatrochi from Wells Fargo set a target price of $95.0 on 05/08/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Microchip Technology (MCHP) jumps as investors lean into its recovery story and data-center growth outlook
Microchip Technology (MCHP) is up 5.3% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is continued investor follow-through from Microchip’s recent recovery update, which showed revenue and earnings ahead of guidance, improving bookings, and a stronger outlook for the June quarter. The move also appears supported by growing enthusiasm around the company’s data-center and AI connectivity products, although there does not appear to be one single fresh headline fully explaining today’s gain.
Details:
Sources:
Microchip Technology Investor Relations, Microchip Technology, StockAnalysis
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$MCHP Insider Trading Activity
$MCHP insiders have traded $MCHP stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $MCHP stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MCHP Hedge Fund Activity
We have seen 567 institutional investors add shares of $MCHP stock to their portfolio, and 586 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MCHP Government Contracts
We have seen $2,340,644 of award payments to $MCHP over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$MCHP Analyst Ratings
Wall Street analysts have issued reports on $MCHP in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $MCHP, check out Quiver Quantitative's $MCHP forecast page.
$MCHP Price Targets
Multiple analysts have issued price targets for $MCHP recently. We have seen 19 analysts offer price targets for $MCHP in the last 6 months, with a median target of $105.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »