Microchip Technology will present at J.P. Morgan's conference on May 14, 2025, led by CFO Eric Bjornholt.
Quiver AI Summary
Microchip Technology Incorporated, a prominent provider of embedded control solutions, announced its participation in the J.P. Morgan 53rd Annual Global Technology, Media, and Communications Conference on May 14, 2025, at 3:00 p.m. Eastern Time. Mr. Eric Bjornholt, the company's Senior Vice President and Chief Financial Officer, will present at the conference, and a live webcast will be available on Microchip's website. The company emphasizes that any forward-looking statements during the presentation are subject to risks outlined in its SEC filings, which can be accessed for free. Microchip serves around 112,000 customers across various markets and is headquartered in Chandler, Arizona. For more details, interested parties can visit their website.
Potential Positives
- Microchip Technology Incorporated will present at a prestigious conference, enhancing its visibility in the technology and media sectors.
- The presentation will be led by a senior executive, Mr. Eric Bjornholt, underscoring the importance of the event for the company.
- The availability of a live webcast of the presentation broadens accessibility for investors and stakeholders, promoting transparency.
- The company serves approximately 112,000 customers across diverse markets, highlighting its significant market presence and broad applicability of its solutions.
Potential Negatives
- Forward-looking statements may indicate uncertainty about the company's future performance, suggesting potential risks that investors should be aware of.
FAQ
When is Microchip's presentation at the J.P. Morgan Conference?
The presentation is scheduled for Wednesday, May 14, 2025, at 3:00 p.m. Eastern Time.
Who will present for Microchip Technology?
Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer, will be the speaker for the Company.
How can I access the webcast of the presentation?
The webcast can be accessed on the Microchip website at www.microchip.com during the presentation.
Where can I find Microchip's SEC filings?
SEC filings can be obtained for free at www.sec.gov or through commercial document retrieval services.
What industries does Microchip serve?
Microchip serves the industrial, automotive, consumer, aerospace, defense, communications, and computing markets.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MCHP Congressional Stock Trading
Members of Congress have traded $MCHP stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MCHP stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN purchased up to $15,000 on 04/08.
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 04/07.
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 02/05.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$MCHP Insider Trading Activity
$MCHP insiders have traded $MCHP stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MCHP stock by insiders over the last 6 months:
- JAMES ERIC BJORNHOLT (SENIOR VP AND CFO) has made 0 purchases and 2 sales selling 8,412 shares for an estimated $544,329.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MCHP Hedge Fund Activity
We have seen 485 institutional investors add shares of $MCHP stock to their portfolio, and 700 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO removed 12,661,010 shares (-53.2%) from their portfolio in Q1 2025, for an estimated $612,919,494
- PRINCIPAL FINANCIAL GROUP INC removed 7,011,987 shares (-91.8%) from their portfolio in Q1 2025, for an estimated $339,450,290
- GOLDMAN SACHS GROUP INC added 5,136,154 shares (+138.9%) to their portfolio in Q1 2025, for an estimated $248,641,215
- BLACKROCK, INC. added 4,908,661 shares (+9.9%) to their portfolio in Q1 2025, for an estimated $237,628,279
- UBS GROUP AG added 4,880,202 shares (+149.2%) to their portfolio in Q4 2024, for an estimated $279,879,584
- CITADEL ADVISORS LLC added 4,661,441 shares (+2544.1%) to their portfolio in Q4 2024, for an estimated $267,333,641
- BANK OF AMERICA CORP /DE/ removed 4,098,764 shares (-38.1%) from their portfolio in Q4 2024, for an estimated $235,064,115
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MCHP Analyst Ratings
Wall Street analysts have issued reports on $MCHP in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley issued a "Buy" rating on 04/24/2025
- KeyBanc issued a "Overweight" rating on 12/03/2024
- Citigroup issued a "Buy" rating on 12/03/2024
To track analyst ratings and price targets for $MCHP, check out Quiver Quantitative's $MCHP forecast page.
$MCHP Price Targets
Multiple analysts have issued price targets for $MCHP recently. We have seen 4 analysts offer price targets for $MCHP in the last 6 months, with a median target of $63.0.
Here are some recent targets:
- An analyst from Truist Financial set a target price of $43.0 on 04/21/2025
- An analyst from Mizuho Securities set a target price of $68.0 on 03/04/2025
- Joseph Moore from Morgan Stanley set a target price of $58.0 on 02/04/2025
- Weston Twigg from KeyBanc set a target price of $90.0 on 12/03/2024
Full Release
CHANDLER, Ariz., May 12, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the J.P. Morgan 53rd Annual Global Technology, Media, and Communications Conference on Wednesday, May 14, 2025 at 3:00 p.m. (Eastern Time). Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by J.P. Morgan, and can be accessed on the Microchip website at
www.microchip.com
.
Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC's website (
www.sec.gov
) or from commercial document retrieval services.
Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve approximately 112,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at
www.microchip.com
.
Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.
INVESTOR RELATIONS CONTACT:
Deborah Wussler ……… (480) 792-7373
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