Sci-tech

Microchip Technology Incorporated (NASDAQ:MCHP) Stake Held by Logan Capital Management Inc

It has a 38.08 P/E ratio. Six analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 88% are positive. The stock's market capitalization is 17.98B, it has a 52-week low of 50.77 and a 52-week high of 87.49. The stock presently has a consensus rating of "Buy" and an average price target of $85.25. Microchip Technology had 35 analyst reports since August 5, 2015 according to SRatingsIntel. Hilltop Holdg reported 0.13% in Microchip Technology Inc. (NASDAQ:MCHP) on Tuesday, January 19 to "Overweight" rating. Northcoast initiated Xylem Inc (NYSE:XYL) on Thursday, November 17 with "Buy" rating. The company was maintained on Wednesday, June 8 by Wunderlich. Mutual Of America Ltd Liability Co has 0.04% invested in Microchip Technology Inc. (NASDAQ:MCHP). Advisors Capital stated it has 0.59% of its portfolio in Microchip Technology Inc. On Tuesday, April 5 the stock rating was maintained by Goldman Sachs with "Sell". (NASDAQ:FEIM). Morgan Stanley reported 0% of its portfolio in Frequency Electronics, Inc. The company was maintained on Tuesday, November 8 by Needham. Summit Redstone upgraded shares of Microchip Technology from a "hold" rating to a "buy" rating and increased their price target for the company from $65.00 to $82.00 in a report on Tuesday, April 4th.

Since February 13, 2017, it had 0 buys, and 13 sales for $8.18 million activity. The stock of Microchip Technology Inc. (NASDAQ:MCHP) shares with value of $423,940 were sold by MEYERCORD WADE F.

In other Microchip Technology news, CFO James Eric Bjornholt sold 2,510 shares of Microchip Technology stock in a transaction dated Monday, May 22nd. (NASDAQ:EA) has been 3.27 million shares per day over the past 30 days. More interesting news about Microchip Technology Inc. Inc. now owns 1,696 shares of the semiconductor company's stock valued at $125,000 after buying an additional 503 shares during the last quarter. SANGHI STEVE sold $4.04M worth of stock.

Microchip Technology Incorporated is engaged in developing, manufacturing and selling specialized semiconductor products used by its customers for a range of embedded control applications. The company has a market cap of $17.98 billion, a price-to-earnings ratio of 111.15 and a beta of 1.05. The Company operates through two segments: semiconductor products and technology licensing. In the semiconductor products segment, the Company designs, develops, makes and markets microcontrollers, development tools and analog, interface, mixed signal and timing products.

In last session AmerisourceBergen Corporation (NYSE:ABC) traded 1.14 Million shares and was closed at $93.91. It has outperformed by 51.60% the S&P500.

Investors sentiment decreased to 0.96 in 2016 Q4. Its down 0.02, from 0.93 in 2016Q3. The shares were sold at an average price of $80.29, for a total transaction of $319,072.46. 78 funds opened positions while 179 raised stakes. (NASDAQ:MCHP) shares. Shares for $1.06 million were sold by CHAPMAN MATTHEW W. First Bancorporation Na reported 0.11% in Microchip Technology Inc.

Marshall Wace LLP raised its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 8.8% during the first quarter, according to its most recent filing with the SEC. (NASDAQ:MCHP). 675,284 are held by Pioneer Investment Mngmt. (NASDAQ:FEIM). Dimensional Fund Advsrs LP has invested 0% in Frequency Electronics, Inc. (NASDAQ:MCHP). Credit Agricole S A holds 0.01% or 36,890 shares. Inc. raised its stake in Microchip Technology by 42.2% in the first quarter. (NASDAQ:MCHP). Pub Sector Pension Inv Board holds 0.03% or 47,293 shares. Mercer Advisers holds 0.1% or 2,000 shares. Sg Americas Lc owns 66,534 shares or 0.03% of their USA portfolio. Jefferies maintained Microchip Technology Inc. Moreover, Ing Groep Nv has 0.01% invested in Xylem Inc (NYSE:XYL).

Shares of Microchip Technology Incorporated (NASDAQ:MCHP) traded up 1.61% on Friday, reaching $78.36.

Among 16 analysts covering Microchip Technology (NASDAQ:MCHP), 14 have Buy rating, 0 Sell and 2 Hold. EA price is down almost -7.99% from its 52-week high price of $116.04 a share but is up about 31.37% from its 52-week low price of $73.74 a share. The company has a 50-day moving average price of $81.67 and a 200 day moving average price of $73.61. AFAM was included in 2 notes of analysts from October 19, 2016. The firm earned "Neutral" rating on Monday, November 9 by Bank of America. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, February 3.

Symphony Asset Management LLC bolstered its ownership by buying 45,900 shares an increase of 203.1% as of 06/30/2016. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. 1832 Asset Limited Partnership invested in 0% or 184 shares. Cornercap Investment Counsel Inc, a Georgia-based fund reported 34,525 shares. The total value of its holdings increased 7.5%. About shares traded. Almost Family Inc (AFAM) has risen 32.84% since July 10, 2016 and is uptrending. It has outperformed by 51.60% the S&P500.

Receive News & Ratings for Microchip Technology Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microchip Technology Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.



Like this

loading...
loading...

Latest


11 July 2017
Maia Campbell found asking for crack after previous recovery
There was no update as of Monday afternoon on whether LL Cool J has made contact with Campbell as of Monday afternoon. Campbell has dealt with substance abuse issues before-she was arrested at a Waffle House and a Burger King in 2015 .

11 July 2017
'The goal is Christ' - ex-Manchester United star enters priesthood
Mulryne began his career with United - making his only appearance for the club under Sir Alex Ferguson in 1997. Saviour's Church, Dominick Street, Dublin at a ceremony on Saturday morning attended by family and friends.

11 July 2017
Passenger auto sales down 11% in June: SIAM
The larger chunk motorcycle sales last month rose 2.18 per cent to 964,269 units as against 943,706 units a year earlier. Most players, including Hyundai, Mahindra & Mahindra, Toyota and Tata Motors, reported a decline.

11 July 2017
Chelsea 'hope to complete signing of Monaco's Tiemoue Bakayoko this week'
Bakayoko underwent minor knee surgery with the 22-year-old suffering discomfort towards the close of the season. There is no knowledge of any Manchester United hijack of the Bakayoko deal in France.

11 July 2017
Trump, Putin differ on North Korea: Tillerson
The meeting was the first face-to-face communication between the two heads of state since the new USA administration took office. China announced after the United States departures that it intends to stay in the agreement and work with European countries.

11 July 2017
IL awaits fate of credit ratings after budget enactment
Frerichs also says schools need to open on time and that the state should reach out to IL employers to explain the new tax rates. He also recommended the governor visit credit rating agencies to assure them he intends to implement the budget package.

11 July 2017
FDA approves sickle cell treatment, the first in almost two decades
Food and Drug Administration on Friday approved the first new drug for sickle cell disease in almost two decades. The average life expectancy for patients with sickle cell disease in the United States is about 40 to 60 years.

11 July 2017
Hawaii-based soldier arrested for alleged ties to ISIS, official says
He said the soldier was with the 25th Infantry Division at Schofield Barracks in Honolulu, but released no other details. Laanui said more information about Kang's arrest will be available when a criminal complaint is filed.

11 July 2017
Kildare IFA Grain Chair Says Some Farmers Have Lost Up To €70000
The outline of a crop loss compensation scheme has been approved by the Department of Public Expenditure and Reform. However, the IFA is now protesting over the €5,000 limit per individual tillage farmer in the scheme.

11 July 2017
Founders Capital Management LLC Boosts Position in Walt Disney Company (The) (DIS)
On average, equities analysts anticipate that Walt Disney Company will post $5.93 earnings per share for the current fiscal year. Floating stock is calculated by subtracting closely-held shares and restricted stock from a firm's total outstanding shares.