E. Ohman J:or Asset Management 13F: Cuts MCHP Stake by $3.4M

What Changed in E. Ohman J:or Asset Management's Microchip Technology Position

E. Ohman J:or Asset Management trimmed its investment in Microchip Technology Incorporated (NasdaqGS: MCHP) during the quarter, according to a Form 13F filing on October 22, 2026. The firm reduced its holdings by 44,200 shares, marking a 13.3% decrease from its prior count of 332,367 shares. The remaining stake of 288,167 shares was valued at roughly $22.4 million at the time of the report.

MCHP Microchip Technology Incorporated

$74.91 ▲ +17.16% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in Microchip Technology

Other large investors also adjusted their positions in the semiconductor company around the same period. Hosking Partners trimmed its holdings by 34,186 shares, ending with 296,965 shares worth about $23.1 million. Boston Partners reduced its stake by 225,648 shares, leaving it with 14,522,587 shares valued at about $1.1 billion. Aristotle Capital Management, LLC cut its position by 841,710 shares to hold 10,800,194 shares worth approximately $800.9 million. Victory Capital Management Inc. lowered its holdings by 1,906,853 shares, ending with 9,806,001 shares valued at about $727.2 million.

Microchip Technology Incorporated Stock Down 0.3%

Microchip Technology shares recently traded around $75.60 on October 22, 2026. That price sits up about 1.9% from its close of $74.16 on the filing date. The stock trades slightly above its 50-day moving average of $75.36, while resting below its 200-day moving average of $79.59. Over the past year, the stock has traded between a low of $48.52 and a high of $105.91.

Recent Earnings

Microchip Technology reported trailing twelve month revenue of $5.1 billion alongside earnings of $0.69 per share. The company posted a net profit margin of 9.3% and a return on equity of 7.2%. Its year-over-year revenue growth reached 38.0%. The company is scheduled to release its next financial results on November 5, 2026.

Dividend

The company pays an annual dividend of $1.82 per share, translating to a dividend yield of 2.36%. Its payout ratio stands at 267.6%.

Insider Buying and Selling at Microchip Technology Incorporated

Company insiders made several transactions in recent months. Director Matthew W Chapman sold 3,000 shares on May 28, 2026, at $97.52 per share for a total of $292,546. Chief Operating Officer Richard J Simoncic disposed of 5,000 shares on June 4, 2026, at $97.52 per share, totaling $487,575. Chief Financial Officer James Eric Bjornholt sold 837 shares on August 17, 2026, at $80.26 per share for $67,178, and later sold 4,112 shares on August 25, 2026, at $75.32 per share for $309,716.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the semiconductor maker. Cantor Fitzgerald reiterated an Overweight rating with a $125.00 price target on August 17, 2026. BMO Capital initiated coverage with an Outperform rating and a $95.00 target on August 21, 2026. TD Cowen maintained a Hold rating while lowering its target from $90.00 to $75.00 on October 19, 2026. Wells Fargo maintained an Equal-Weight rating while adjusting its target from $88.00 to $80.00 on October 20, 2026. B. Riley Securities maintained a Buy rating while lowering its target from $108.00 to $98.00 on October 22, 2026. Overall, the stock carries a consensus Buy rating from 25 analysts, with a mean price target of $106.92.

About Microchip Technology

Microchip Technology Incorporated, headquartered in Chandler, Arizona, designs, manufactures, and sells smart and secure embedded control solutions for diverse industrial, automotive, and consumer electronics applications. With 17,900 employees, the company operates across semiconductor product lines and technology licensing, serving customers worldwide.

Bottom Line

Institutional adjustments and insider transactions provide context on how large market participants view Microchip Technology amid shifting industry demand. Investors will look to the upcoming earnings report on November 5, 2026, for fresh details on the company's financial trajectory.