Microchip Technology, Inc (NASDAQ: MCHP) on Tuesday, soared 11.65% from the previous trading day, before settling in for the closing price of $67.06. Within the past 52 weeks, MCHP’s price has moved between $34.12 and $77.20.
The company achieved an average annual earnings per share of 13.10%. With a float of $529.08 million, this company’s outstanding shares have now reached $540.45 million.
Microchip Technology, Inc (MCHP) Insider Updates
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. 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
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.2 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.28) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.10% per share during the next fiscal year.
Microchip Technology, Inc (NASDAQ: MCHP) Trading Performance Indicators
Microchip Technology, Inc (MCHP) is currently performing well based on its current performance indicators. A quick ratio of 1.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.61. Likewise, its price to free cash flow for the trailing twelve months is 53.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.45, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 2.51 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 8.9 million. That was inferior than the volume of 11.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.88%.
During the past 100 days, Microchip Technology, Inc’s (MCHP) raw stochastic average was set at 98.45%, which indicates a significant increase from 96.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.01 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 $60.88, while its 200-day Moving Average is $61.29. However, in the short run, Microchip Technology, Inc’s stock first resistance to watch stands at $76.58. Second resistance stands at $78.30. The third major resistance level sits at $81.31. If the price goes on to break the first support level at $71.86, it is likely to go to the next support level at $68.85. Assuming the price breaks the second support level, the third support level stands at $67.13.
Microchip Technology, Inc (NASDAQ: MCHP) Key Stats
Market capitalization of the company is 40.46 billion based on 540,447K outstanding shares. Right now, sales total 4,402 M and income totals -500 K. The company made 1,140 M in profit during its latest quarter, and 41,700 K in sales during its previous quarter.
