Microchip Shares Slide 1.43% on $550M Volume in 143th Market Activity as Credit Agricole Cuts Stake 81.1% and Others Boost Holdings

On August 27, 2025, Microchip Technology (MCHP) fell 1.43% to $69.14, with a trading volume of $0.55 billion, ranking 143rd in market activity. Institutional investor Credit Agricole S A slashed its stake by 81.1% in Q1, retaining $1.46 million worth of shares. Meanwhile, several institutional investors increased holdings, including Banco Bilbao Vizcaya Argentaria S.A. and Watts Gwilliam & Co. LLC, boosting their positions by 22.6% and 128.6%, respectively. Institutional ownership now accounts for 91.51% of the stock.

The company reported Q2 2025 revenue of $1.08 billion, exceeding expectations but reflecting a 13.3% year-over-year decline. Despite a negative net margin of 3.50%, the firm announced a quarterly dividend of $0.455 per share, yielding 2.6% annually. Analysts have revised earnings targets, with Mizuho upgrading its price target to $85 and Raymond James to $75, while Zacks downgraded to "hold." The stock maintains a "Moderate Buy" consensus rating with a $76.58 average target.

Insider activity included a sale by Matthew Chapman, who offloaded 10,000 shares. Financial metrics highlight a market cap of $37.31 billion, a P/E ratio of -203.35, and a beta of 1.55. The dividend payout ratio remains highly negative at -535.29%, underscoring operational challenges.

The backtest results include unrelated developments: ENGO Eyewear launched its ENGO 2 smart glasses, Healthy Extracts expanded its Amazon product line, and Palantir faces a class-action lawsuit. These items reflect broader market dynamics but do not directly impact Microchip’s stock performance.