Microchip Technology Inc. – Recent Activity and Product Update
Microchip Technology Inc. (Nasdaq: MCHP) closed at $79.36 on 28 January 2026, approaching its 52‑week high of $81.43. The company’s market capitalization stands at $40.38 billion and the stock is trading at a price‑to‑earnings ratio of ‑163.46.
Institutional Trading Activity
Several institutional investors have recently altered their positions in MCHP shares:
| Date | Investor | Action | Shares | Source |
|---|---|---|---|---|
| 30 Jan 2026 | Regions Financial Corp | Sale | 536,624 | feeds.feedburner.com |
| 30 Jan 2026 | Tributary Capital Management, LLC | Sale | 150 | feeds.feedburner.com |
| 30 Jan 2026 | LeCap Asset Management Ltd | Sale | 7,038 | feeds.feedburner.com |
| 30 Jan 2026 | Plimoth Trust Co. LLC | Sale | 491 | feeds.feedburner.com |
| 30 Jan 2026 | Tokio Marine Asset Management Co. Ltd | Purchase | 2,629 | feeds.feedburner.com |
The volume of shares traded by these investors suggests active portfolio rebalancing rather than a directional bet on the company’s fundamentals.
Product Expansion – PIC32CM PL10 Family
On 29 January 2026, Microchip announced the introduction of the PIC32CM PL10 family of Arm Cortex‑M0+ microcontrollers. The new series targets high‑volume embedded markets and expands the company’s existing Cortex‑M0+ portfolio. The launch aligns with Microchip’s broader strategy of providing mixed‑signal, power‑management, and thermal‑management solutions for embedded control applications.
Market Context
During the week, the NASDAQ 100 and NASDAQ Composite indices were largely flat.
- The NASDAQ 100 closed 0.93 % lower on 30 January 2026.
- The NASDAQ Composite finished the session at 23,857.45 points, up 0.17 %.
These modest movements indicate a stable trading environment in which Microchip’s recent product announcement and institutional activity are unfolding.
All figures and events are derived from the provided news and company fundamentals.
