New Analyst Forecast: $MCHP Given $83.0 Price Target

We just received data on a new analyst forecast for $MCHP. Mark Lipacis from Evercore ISI set a price target of 83.0 for MCHP.

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:

• Mark Lipacis from Evercore ISI set a target price of $83.0 on 06/12/2025
• 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

$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 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 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 5,739 shares for an estimated $339,113.
• KARLTON D JOHNSON sold 494 shares for an estimated $29,980

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$MCHP Hedge Fund Activity

We have seen 474 institutional investors add shares of $MCHP stock to their portfolio, and 757 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
• ORBIS ALLAN GRAY LTD added 7,635,024 shares (+inf%) to their portfolio in Q1 2025, for an estimated $369,611,511
• PRINCIPAL FINANCIAL GROUP INC removed 7,011,987 shares (-91.8%) from their portfolio in Q1 2025, for an estimated $339,450,290
• INVESCO LTD. added 6,459,123 shares (+63.0%) to their portfolio in Q1 2025, for an estimated $312,686,144
• 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
• BALYASNY ASSET MANAGEMENT L.P. added 4,396,115 shares (+1059.0%) to their portfolio in Q1 2025, for an estimated $212,815,927

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.