In the last trading session, 8.91 million Microchip Technology, Inc (NASDAQ:MCHP) shares changed hands as the company’s beta touched 1.47. With the company’s per share price at $69.59 changed hands at $1.54 or 2.26% during last session, the market valuation stood at $37.54B. MCHP’s last price was a discount, traded about -39.36% off its 52-week high of $96.98. The share price had its 52-week low at $34.12, which suggests the last value was 50.97% up since then.
Analysts gave the Microchip Technology, Inc (MCHP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.69. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 5 recommended MCHP as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight.
Microchip Technology, Inc (NASDAQ:MCHP) trade information
Instantly MCHP was in green as seen at the end of in last trading. With action 9.01%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 21.34%, with the 5-day performance at 9.01% in the green. However, in the 30-day time frame, Microchip Technology, Inc (NASDAQ:MCHP) is 25.77% up.
The consensus price target for the stock as assigned by Wall Street analysts is 58, meaning bulls need a downside of -19.98% from its current market value. According to analyst projections, MCHP’s forecast low is 43 with 68 as the target high. To hit the forecast high, the stock’s price needs a 2.28% surge from its current level, while the stock would need to tank 38.21% for it to hit the projected low.
MCHP Dividends
Microchip Technology, Inc is expected to release its next quarterly earnings report in July. The 2.61% annual yield figure for the share gives it an annual dividend of 1.82. It is important to note, however, that the 2.61% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Microchip Technology, Inc (NASDAQ:MCHP)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.513% or 45.69 million shares worth $4.18 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund. With 17.0 shares estimated at $1.18 billion under it, the former controlled 3.15% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.77% of the shares, roughly 14.94 shares worth around $1.04 billion.
