On Tuesday, Microchip Technology, Inc (NASDAQ: MCHP) opened higher 0.05% from the last session, before settling in for the closing price of $64.65. Price fluctuations for MCHP have ranged from $34.12 to $77.20 over the past 52 weeks.
Company’s average yearly earnings per share was noted 10.91% at the time writing. With a float of $529.09 million, this company’s outstanding shares have now reached $540.45 million.
Microchip Technology, Inc (MCHP) Insider Updates
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Microchip Technology, Inc is 2.10%, while institutional ownership is 94.93%. The most recent insider transaction that took place on Nov 25 ’25, was worth 216,274. In this transaction SENIOR VP AND CFO of this company sold 4,292 shares at a rate of $50.39, taking the stock ownership to the 30,089 shares. Before that another transaction happened on Nov 25 ’25, when Company’s OFFICER proposed sale 4,292 for $50.33, making the entire transaction worth $216,016.
Microchip Technology, Inc (MCHP) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.2 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.28) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.91% per share during the next fiscal year.
Microchip Technology, Inc (NASDAQ: MCHP) Trading Performance Indicators
Check out the current performance indicators for Microchip Technology, Inc (MCHP). In the past quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.30. Likewise, its price to free cash flow for the trailing twelve months is 46.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.45, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 2.47 in one year’s time.
Technical Analysis of Microchip Technology, Inc (MCHP)
Let’s dig in a bit further. During the last 5-days, its volume was 3.99 million. That was inferior than the volume of 9.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.99%.
During the past 100 days, Microchip Technology, Inc’s (MCHP) raw stochastic average was set at 72.86%, which indicates a significant increase from 20.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.87 in the past 14 days, which was lower than the 2.13 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.75, while its 200-day Moving Average is $61.01. However, in the short run, Microchip Technology, Inc’s stock first resistance to watch stands at $65.15. Second resistance stands at $65.62. The third major resistance level sits at $66.01. If the price goes on to break the first support level at $64.29, it is likely to go to the next support level at $63.90. Assuming the price breaks the second support level, the third support level stands at $63.43.
Microchip Technology, Inc (NASDAQ: MCHP) Key Stats
There are currently 540,447K shares outstanding in the company with a market cap of 34.96 billion. Presently, the company’s annual sales total 4,402 M according to its annual income of -500 K. Last quarter, the company’s sales amounted to 1,140 M and its income totaled 41,700 K.
