Several investment and asset management firms have been significantly changing their holdings of
Microchip Technology Incorporated (MCHP). Some companies have increased their shares, including
Sciencast Management LP, Alliancebernstein L.P, Logan Capital Management Inc., and
Amundi (which now holds a large $484.74M stake), while others like
Woodline Partners LP, USS Investment Management Ltd, and Alyeska Investment Group L.P. have reduced their holdings. Financial analysts have given mixed views on the company, with JP Morgan re-affirming a 'Buy' status while Zacks Research has downgraded it. Also joining the discussion are Goldman Sachs and Raymond James, both emphasising MCHP's capabilities and value. MCHP has also announced a strategic growth and AI-focused direction at the Goldman Sachs Conference. The firm has launched
new GNSSDO modules to enhance defense technology. Despite a
decline in Q1 earnings and a $19M quarterly loss, the firm exceeded sales estimates in Q2. The company's continued aside of dividends reaffirms its stability despite financial downfalls.
Microchip Technology MCHP News Analytics from Fri, 24 Jan 2025 08:00:00 GMT to Fri, 12 Sep 2025 11:12:20 GMT -
Rating 6
- Innovation 7
- Information 9
- Rumor 2
