Quantbot Technologies LP significantly increased its stake in Microchip Technology Incorporated (MCHP) by 248.3%, now owning 152,307 shares valued at $9.78 million. Institutional investors hold approximately 91.51% of the company’s stock. The article also details recent insider selling by CEO Steve Sanghi, Microchip’s positive earnings report exceeding expectations, increased price targets from analysts, and the announcement of a quarterly dividend.
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Quantbot Technologies LP Raises Stock Holdings in Microchip Technology Incorporated $MCHP
Quantbot Technologies LP significantly increased its stake in Microchip Technology Incorporated (MCHP) by 248.3%, now owning 152,307 shares valued at $9.78 million. Institutional investors hold approximately 91.51% of the company’s stock. The article also details recent insider selling by CEO Steve Sanghi, Microchip’s positive earnings report exceeding expectations, increased price targets from analysts, and the announcement of a quarterly dividend.