Page 41 - Microchip Technology News Today

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STORY: The S&P 500 registered another record closing high on Friday, as all three of Wall Streets main indexes rose on the back of strong earnings and a blowout January jobs report.

Rosenblatt Securities reaffirmed their buy rating on shares of Microchip Technology (NASDAQ:MCHP – Free Report) in a report published on Tuesday, Benzinga reports. The firm currently has a $100.00 price target on the semiconductor company’s stock. A number of other equities research analysts have also recently commented on MCHP. StockNews.com cut shares of Microchip Technology […]

Microchip Technology followed a familiar pattern for many semiconductor stocks this earnings season. It guided lower for the March quarter. The post Microchip…

Solid quarterly results from Meta Platforms and Amazon.com helped boost the S&P 500 index and the Nasdaq Composite Index over 1%, while the blue-chip Dow Jones Industrial Averages gain was more muted.

Moors & Cabot Inc. lessened its stake in Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 10.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,463 shares of the semiconductor company’s stock after selling 1,752 shares during the quarter. […]

J.P. Morgan Private Wealth Advisors LLC lowered its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 10.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 713,830 shares of the semiconductor company’s stock after selling 82,312 shares during […]

Exencial Wealth Advisors LLC decreased its holdings in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 28.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,200 shares of the semiconductor company’s stock after selling 13,496 shares during the […]

Fidelis Capital Partners LLC lowered its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 11.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,186 shares of the semiconductor company’s stock after selling 535 shares during the period. […]

"The strong jobs report indicates that demand in the labor market is higher than expected," said Richard Flynn, managing director at Charles Schwab UK.