microchip technology inc. (nasdaq: mchp) is a leading provider of microcontroller, mixed-signal, analog and flash-ip solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. microchip serves over 70,000 customers in more than 65 countries who are designing high-volume embedded control applications in the consumer, automotive, office-automation, communications and industrial-control markets worldwide. headquartered in chandler, arizona, microchip offers outstanding technical support along with dependable delivery and quality.
Company profile
Ticker
MCHP
Exchange
Website
CEO
Steve Sanghi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
MBarb Malta Limited • Microchip Technology LLC • Microsemi Corp. • Microsemi Corporation • Microsemi SoC Corp. • Microchip Communications, LLC • Microsemi Storage Solutions, Inc. • Microchip Malta BMD Limited • Microchip Technology Ireland Limited • Microchip Technology Malta Limited ...
IRS number
860629024
MCHP stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
7 Mar 24
424B2
Prospectus for primary offering
6 Mar 24
FWP
Free writing prospectus
5 Mar 24
424B2
Prospectus for primary offering
5 Mar 24
S-3ASR
Automatic shelf registration
29 Feb 24
8-K
Departure of Directors or Certain Officers
5 Feb 24
10-Q
2024 Q3
Quarterly report
1 Feb 24
8-K
Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2024
1 Feb 24
8-K
Departure of Directors or Certain Officers
22 Jan 24
8-K
Microchip Technology Provides Preliminary Fiscal Third Quarter Revenue Results and Announces Earnings Release Date
8 Jan 24
Transcripts
MCHP
Earnings call transcript
2024 Q3
1 Feb 24
MCHP
Earnings call transcript
2024 Q2
2 Nov 23
MCHP
Earnings call transcript
2024 Q1
3 Aug 23
MCHP
Earnings call transcript
2023 Q4
4 May 23
MCHP
Earnings call transcript
2023 Q3
2 Feb 23
MCHP
Earnings call transcript
2023 Q2
4 Nov 22
MCHP
Earnings call transcript
2023 Q1
3 Aug 22
MCHP
Earnings call transcript
2022 Q4
10 May 22
MCHP
Earnings call transcript
2022 Q3
4 Feb 22
MCHP
Earnings call transcript
2022 Q2
5 Nov 21
Latest ownership filings
4
STEVE SANGHI
8 Mar 24
4
Karlton D Johnson
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
144
Notice of proposed sale of securities
6 Mar 24
4
RICHARD J SIMONCIC
5 Mar 24
4
GANESH MOORTHY
5 Mar 24
4
STEPHEN V DREHOBL
5 Mar 24
4
James Eric Bjornholt
5 Mar 24
4
James Eric Bjornholt
26 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
Financial summary
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Diluted EPS |
Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
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Revenue | |||||
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Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 256.60 mm | 256.60 mm | 256.60 mm | 256.60 mm | 256.60 mm | 256.60 mm |
Cash burn (monthly) | 4.87 mm | 4.02 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 27.37 mm | 22.59 mm | n/a | n/a | n/a | n/a |
Cash remaining | 229.23 mm | 234.01 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 47.1 | 58.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
61.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 994 |
Opened positions | 130 |
Closed positions | 260 |
Increased positions | 328 |
Reduced positions | 371 |
13F shares | Current |
---|---|
Total value | 27.70 tn |
Total shares | 330.84 mm |
Total puts | 2.05 mm |
Total calls | 1.18 mm |
Total put/call ratio | 1.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 66.66 mm | $6.01 tn |
STT State Street | 25.39 mm | $2.29 tn |
Dodge & Cox | 16.45 mm | $1.48 tn |
FMR | 11.01 mm | $992.46 bn |
MS Morgan Stanley | 9.38 mm | $846.32 bn |
PFG Principal Financial Group Inc - Registered Shares | 9.28 mm | $836.80 bn |
JPM JPMorgan Chase & Co. | 7.90 mm | $712.86 bn |
Amundi | 7.43 mm | $637.93 bn |
NTRS Northern Trust | 7.36 mm | $663.93 bn |
Boston Partners | 6.85 mm | $618.26 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Mar 24 | Steve Sanghi | Common Stock | Sell | Dispose S | Yes | No | 93.99 | 8,910 | 837.45 k | 10,090,421 |
7 Mar 24 | Steve Sanghi | Common Stock | Sell | Dispose S | Yes | No | 92.81 | 27,533 | 2.56 mm | 10,099,331 |
6 Mar 24 | Karlton D Johnson | Common Stock | Sell | Dispose S | No | No | 86.88 | 92 | 7.99 k | 1,697 |
1 Mar 24 | Richard J Simoncic | Common Stock | Grant | Acquire A | Yes | No | 55.1905 | 385 | 21.25 k | 131,735 |
1 Mar 24 | Ganesh Moorthy | Common Stock | Grant | Acquire A | Yes | No | 55.1905 | 385 | 21.25 k | 791,158 |
1 Mar 24 | Stephen V Drehobl | Common Stock | Grant | Acquire A | No | No | 55.1905 | 385 | 21.25 k | 92,203 |
News
Analyst Expectations For Microchip Technology's Future
14 Mar 24
Stifel Reiterates Buy on Microchip Technology, Maintains $94 Price Target
14 Mar 24
Here's How Much You Would Have Made Owning Microchip Technology Stock In The Last 20 Years
13 Mar 24
A Closer Look at Microchip Technology's Options Market Dynamics
7 Mar 24
Nvidia Tops in Popularity Among S&P 500 Semiconductor Stocks, Analyst Sees Room for Growth
6 Mar 24
Press releases
Microchip Technology to Present at the Morgan Stanley Technology, Media & Telecom Conference
4 Mar 24
Microchip Technology to Present at the Raymond James Instutional Investors Conference
4 Mar 24
Microchip Earns Certification in ISO/SAE 21434 Road Vehicle—Cybersecurity Engineering Standard from UL Solutions
8 Feb 24
Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2024
1 Feb 24
Microchip Technology Increases Quarterly Cash Dividend 25.7% Year-Over-Year to 45.0 Cents Per Share
1 Feb 24