Positions for Microchip Technology Inc (NASDAQ:MCHP)

“Big money sentiment for Microchip Technology Inc (NASDAQ:MCHP) in Q4 2018 decreased to 0.74, according to Securities and Exchange Commission filings. So its down -0.23, from 2018Q3’s 0.97. 233 institutional investors started new and increased equity positions, while 316 decreased and sold stakes in Microchip Technology Inc so the sentiment has dropped. These funds own 264.08 million shares, that’s up from 257.56 million shares in 2018Q3. Funds holding Microchip Technology Inc in top 10 changed to 10 from 5 for an increase of 5. In total 76 funds closed positions, 240 reduced and 172 increased. Also 61 funds bought new Microchip Technology Inc stakes.

Biggest Microchip Technology Inc Investors

Lyrical Asset Management Lp owns 4.24 million shares in Microchip Technology Inc as of Q4 2018. As of Q4 2018, 1.77 million shares of Microchip Technology Inc are owned by Platinum Investment Management Ltd. Mar Vista Investment Partners Llc reported 1.57 million shares. Harber Asset Management Llc revealed 179,252 shares position in Microchip Technology Inc. The California-based fund Doheny Asset Management Ca looks positive on Microchip Technology Inc, owning 68,060 shares.

Microchip Technology Incorporated develops, makes, and sells semiconductor products for various embedded control applications.The firm is valued at $20.15 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.64.58 is the P/E ratio. 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.

Ticker’s shares touched $85.05 during the last trading session after 0.71% change.Currently Microchip Technology Incorporated is downtrending after 0.51% change in last March 9, 2018. MCHP has 1.80M shares volume. The stock underperformed the S&P 500 by 4.88%.

On May, 14. Investors wait Microchip Technology Incorporated (NASDAQ:MCHP) to publish its quarterly earnings, according to RTT. Analysts expect change of 1.50 % or $0.02 from previous year’s $1.33 earnings per share compared to current’s $1.31 earnings per share. In case of $1.31 earnings per share MCHP’s profit could be $310.43M. Last quarter $1.51 earnings per share was reported. Analysts sees -13.25 % negative EPS growth this quarter.

Caisse De Depot Et Placement Du Quebec, Quebec – Canada-based fund reported 45,400 shs. Utah Retirement Systems reported 42,844 shs. Dana Advsr invested 0.01% in Microchip Technology Incorporated (NASDAQ:MCHP). Retirement Of Alabama reported 108,629 shs. Orrstown Serv reported 12,710 shs. The Massachusetts-based American & Mgmt has invested 0.01% in Microchip Technology Incorporated (NASDAQ:MCHP). Rnc Cap Mgmt Ltd Liability Company holds 0.05% or 9,485 shs in its capital. State Of Tennessee Treasury Department holds 0.02% of its capital in Microchip Technology Incorporated (NASDAQ:MCHP) for 61,290 shs. Spf Beheer Bv has 886,369 shs for 2.71% of their capital. Westchester Management Inc has 100,712 shs for 3.37% of their capital. Stifel Finance Corp holds 0.07% in Microchip Technology Incorporated (NASDAQ:MCHP) or 321,484 shs. Plante Moran Fincl Advsr Ltd Com has invested 0.03% in Microchip Technology Incorporated (NASDAQ:MCHP). Eaton Vance Mgmt has 1.03M shs. Proshare Advsrs Ltd Liability, Maryland-based fund reported 192,267 shs. Moreover, Sheets Smith Wealth has 0.89% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 45,800 shs.

Microchip Technology Incorporated registered $1.66 million net activity with 0 buys and 6 sales since November 23, 2018. On Wednesday, February 13 LITTLE MITCHELL R also sold $326,860 worth of Microchip Technology Incorporated (NASDAQ:MCHP). Shares for $424,246 were sold by CHAPMAN MATTHEW W. On Friday, November 23 $134,464 worth of stock was sold by Bjornholt James Eric. SIMONCIC RICHARD J had sold 3,171 shs worth $228,502.

Microchip Technology Incorporated (NASDAQ:MCHP) Ratings Coverage

In total 10 analysts cover Microchip Technology (NASDAQ:MCHP). “Buy” rating has 5, “Sell” are 0, while 5 are “Hold”. (NASDAQ:MCHP) has 50% bullish analysts. 15 are the (NASDAQ:MCHP)’s ratings reports on 9 Mar 2019 according to StockzIntelligence Inc. On Monday, September 17 the firm has “Neutral” rating given by Bank of America. On Wednesday, December 19 the firm has “Equal-Weight” rating given by Morgan Stanley. On Thursday, November 8 the firm has “Buy” rating by Jefferies given. On Wednesday, March 6 the company was maintained by FBR Capital. On Thursday, February 21 the stock of Microchip Technology Incorporated (NASDAQ:MCHP) earned “Hold” rating by Cowen & Co. On Wednesday, October 3 Morgan Stanley maintained Microchip Technology Incorporated (NASDAQ:MCHP) rating. Morgan Stanley has “Equal-Weight” rating and $95 target. On Tuesday, March 5 Mizuho maintained the shares of MCHP in report with “Buy” rating. On Wednesday, October 10 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, September 25 Raymond James downgraded Microchip Technology Incorporated (NASDAQ:MCHP) to “Market Perform” rating. On Thursday, January 24 the stock of Microchip Technology Incorporated (NASDAQ:MCHP) has “Buy” rating given by Needham.

For more Microchip Technology Incorporated (NASDAQ:MCHP) news published recently go to: Globenewswire.com, Seekingalpha.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “Detailed Research: Economic Perspectives on Crescent Point Energy, New York Mortgage Trust, Microchip Technology, Gardner Denver, Bottomline Technologies, and FirstEnergy — What Drives Growth in Today’s Competitive Landscape – GlobeNewswire” published on February 28, 2019, “Microchip Technology Q3 2018 Earnings Preview – Seeking Alpha” on February 04, 2019, “Microchip (MCHP) Completes Microsemi Acquisition for $10.3B – Nasdaq” with a publish date: May 30, 2018, “PCIe 3.1 Ethernet Bridges Using Low-Power Sub-States Enable Power Savings for Embedded and Automotive Platforms – Nasdaq” and the last “Here’s Why Microchip (MCHP) Stock Is a Strong Buy Right Now – Nasdaq” with publication date: June 11, 2018.