Microchip Technology Falls as Chip Stocks Slide in Broader Market Risk-Off Move

Microchip Technology (MCHP) is down 5.6% today. Here is some analysis on what might have caused this price movement. ([investing.com](https://www.investing.com/equities/microchip-technology-inc))

Analysis: The most likely driver appears to be a broad semiconductor and tech selloff rather than a new company-specific setback. This could also be because investors are trimming positions ahead of Microchip’s next earnings report later this month, after the stock had recovered sharply in recent weeks. ([apnews.com](https://apnews.com/article/44b75c188756038371cf3112ede9cee8))

Details:

Sources:

AP News, Microchip Technology Investor Relations, Investing.com

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 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 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 3 sales selling 526,552 shares for an estimated $47,132,098.
• RICHARD J SIMONCIC (CHIEF OPERATING OFFICER) has made 0 purchases and 4 sales selling 20,083 shares for an estimated $1,937,999.
• MATTHEW W CHAPMAN has made 0 purchases and 2 sales selling 13,000 shares for an estimated $1,247,344.
• MATHEW B BUNKER (SENIOR VP, OPERATIONS) sold 10,571 shares for an estimated $1,024,155
• JAMES ERIC BJORNHOLT (SENIOR CORPORATE VP AND CFO) has made 0 purchases and 4 sales selling 8,616 shares for an estimated $710,096.

To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

$MCHP Hedge Fund Activity

We have seen 643 institutional investors add shares of $MCHP stock to their portfolio, and 516 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• INVESCO LTD. added 10,924,617 shares (+75.8%) to their portfolio in Q2 2026, for an estimated $996,325,070
• BLACKROCK, INC. added 9,256,216 shares (+17.0%) to their portfolio in Q2 2026, for an estimated $844,166,899
• JPMORGAN CHASE & CO added 5,443,852 shares (+inf%) to their portfolio in Q2 2026, for an estimated $496,479,302
• BARROW HANLEY MEWHINNEY & STRAUSS LLC removed 4,667,350 shares (-44.2%) from their portfolio in Q2 2026, for an estimated $425,662,320
• SG AMERICAS SECURITIES, LLC added 4,048,590 shares (+1015.5%) to their portfolio in Q2 2026, for an estimated $369,231,408
• SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,671,873 shares (+inf%) to their portfolio in Q2 2026, for an estimated $334,874,817
• HOLOCENE ADVISORS, LP removed 3,588,947 shares (-79.5%) from their portfolio in Q2 2026, for an estimated $327,311,966

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

$MCHP Government Contracts

We have seen $8,755,731 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:

• MITIGATION OF LARGE-SCALE OBSOLESCENCE OF MIL-PRF-19500 CERTIFIED COMPONENTS SERVICES TO DESIGN, FABRICATE,...: $5,000,000
• ATS 6580A-A2G5R-M00, ATS 6580A-A2G5R-M00 HARDENED TFLEX, M-CODE, GPS ANTENNA INCLUDED 4338A, 6V/3V, QUAD AM...: $305,000

To track government contracts to publicy traded companies, check out Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq API government contracts endpoint.

$MCHP Congressional Stock Trading

Members of Congress have traded $MCHP stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $MCHP stock by members of Congress over the last 6 months:

• REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 06/30.

To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

$MCHP Analyst Ratings

Wall Street analysts have issued reports on $MCHP in the last several months. We have seen 2 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

To track analyst ratings and price targets for $MCHP, check out Investivoq's $MCHP forecast page.

$MCHP Price Targets

Multiple analysts have issued price targets for $MCHP recently. We have seen 11 analysts offer price targets for $MCHP in the last 6 months, with a median target of $120.0.

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 Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.