Microchip Technology Incorporated (NASDAQ:MCHP) Weekly Ratings as of Jan 14, 2019

Microchip Technology Incorporated (NASDAQ:MCHP) Corporate Logo
Big Money Sentiment decreased to 0.97 in 2018 Q3. It has change of 0.13, from 2018Q2’s 1.1. The ratio dived due to Microchip Technology Incorporated positioning: 62 sold and 221 reduced. 65 funds amassed positions and 210 increased positions. Investors holded 244.93 million in 2018Q2 but now own 257.56 million shares or 5.16% more.
Lazard Asset Mgmt Lc invested 0.12% of its capital in Microchip Technology Incorporated (NASDAQ:MCHP). State Street accumulated 9.05M shs or 0.05% of the stock. Twin Tree Mgmt Ltd Partnership stated it has 0.01% in Microchip Technology Incorporated (NASDAQ:MCHP). Delta Asset Limited Co Tn owns 33 shs. Evermay Wealth Mngmt Limited Liability stated it has 0.21% in Microchip Technology Incorporated (NASDAQ:MCHP). Employees Retirement System Of Texas has invested 0.15% of its capital in Microchip Technology Incorporated (NASDAQ:MCHP). Aperio Grp Ltd has invested 0.04% in Microchip Technology Incorporated (NASDAQ:MCHP). Texas Permanent School Fund reported 0.06% stake. Financial Bank Of Mellon holds 0.04% of its capital in Microchip Technology Incorporated (NASDAQ:MCHP) for 2.02M shs. Prudential Financial stated it has 0.03% in Microchip Technology Incorporated (NASDAQ:MCHP). Eqis has 0.04% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 6,593 shs. Nj State Employees Deferred Compensation Plan holds 25,000 shs or 0.34% of its capital. Principal Financial has invested 0.43% in Microchip Technology Incorporated (NASDAQ:MCHP). 1,318 are held by Washington Tru Bank. Trust Company Of Vermont holds 0.01% or 1,379 shs.

Microchip Technology Incorporated had 8 selling transactions and 0 buys since August 22, 2018. This’s net activity of $1.93 million. On Friday, November 23 3,171 shs were sold by SIMONCIC RICHARD J, worth $228,502. Another trade for 1,887 shs valued at $159,131 was sold by Bjornholt James Eric. DREHOBL STEPHEN V sold $307,768 worth of stock.

Microchip Technology Incorporated (NASDAQ:MCHP) Ratings Coverage

A total of 10 analysts rate Microchip Technology (NASDAQ:MCHP) as follows: 6 “Buy”, 4 “Hold” and 0 “Sell”. Š¢herefore 60% are bullish. (NASDAQ:MCHP) has 14 ratings reports on Jan 14, 2019 according to StockzIntelligence. On Thursday, November 8 the stock has “Buy” rating by FBR Capital. On Wednesday, October 10 Morgan Stanley maintained the shares of MCHP in report with “Equal-Weight” rating. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, October 3. On Friday, August 10 the firm has “Overweight” rating by JP Morgan given. The stock rating was downgraded by Bank of America to “Neutral” on Monday, September 17. On Friday, July 27 the rating was maintained by PiperJaffray with “Overweight”. On Wednesday, December 19 the firm has “Equal-Weight” rating given by Morgan Stanley. On Friday, August 10 Nomura maintained Microchip Technology Incorporated (NASDAQ:MCHP) rating. Nomura has “Buy” rating and $105 target. On Tuesday, September 25 the rating was downgraded by Raymond James to “Market Perform”. On Thursday, November 8 the firm earned “Buy” rating by Jefferies. Listed here are Microchip Technology Incorporated (NASDAQ:MCHP) PTs and latest ratings.

19/12/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $72 New Target: $75 Maintain
13/11/2018 Broker: BMO Capital Markets Rating: Outperform New Target: $92 Initiates Coverage On
08/11/2018 Broker: Jefferies Old Rating: Buy New Rating: Buy Old Target: $115 New Target: $102 Maintain
08/11/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $105 New Target: $100 Maintain
10/10/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $95 New Target: $75 Maintain
03/10/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $98 New Target: $95 Maintain
25/09/2018 Broker: Raymond James Old Rating: Outperform New Rating: Market Perform Old Target: $105 Downgrade
25/09/2018 Broker: KeyBanc Capital Markets Rating: Sector Weight Initiates Coverage On
17/09/2018 Broker: Bank of America Old Rating: Buy New Rating: Neutral Old Target: $115 New Target: $95 Downgrade
10/08/2018 Broker: Nomura Old Rating: Buy New Rating: Buy Old Target: $110 New Target: $105 Maintain

MCHP is touching $75.77 during the last trading session, after decreased 1.76%.Microchip Technology Incorporated has volume of 94,823 shares. Since January 14, 2018 MCHP has declined 17.73% and is downtrending. MCHP underperformed by 17.73% the S&P 500.

Microchip Technology Incorporated develops, makes, and sells semiconductor products for various embedded control applications.The firm is valued at $17.92 billion. The firm offers general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers; and microcontrollers for automotive networking, computing, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity.The P/E ratio is 721.62. It also provides development tools that enable system designers to program microcontroller products for specific applications; analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, radio frequency , drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products; and memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, and serial static random access memories for the production of very small footprint devices.

For more Microchip Technology Incorporated (NASDAQ:MCHP) news brought out recently go to: 247Wallst.com, Globenewswire.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “Credit Suisse Adds 8 New Top Stock Picks for 2019 – 24/7 Wall St.” brought out on January 11, 2019, “Glancy Prongay & Murray LLP Commences Investigation On Behalf Of Microchip Technology Inc. Investors (MCHP) – GlobeNewswire” on January 11, 2019, “Microchip Technology (MCHP) Beats Q2 Earnings and Revenue Estimates – Nasdaq” with a publish date: November 07, 2018, “Here’s Why Microchip (MCHP) Stock Is a Strong Buy Right Now – Nasdaq” and the last “Microchip Technology (MCHP) Up 12.7% Since Earnings Report: Can It Continue? – Nasdaq” with publication date: June 07, 2018.

Microchip Technology Incorporated (NASDAQ:MCHP) Institutional Investors Chart

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