Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Microchip Technology, Inc (NASDAQ: MCHP) closed at $64.67 in the last session, up 1.30% from day before closing price of $63.84. In other words, the price has increased by $1.30 from its previous closing price. On the day, 9.19 million shares were traded.
Ratios:
We take a closer look at MCHP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 45.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.81.
On May 09, 2025, UBS reiterated its Buy rating and also lowered its target price recommendation from $55 to $60.
Truist reiterated its Hold rating for the stock on May 09, 2025, while the target price for the stock was revised from $43 to $52.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 23 ’25 when Bjornholt James Eric sold 2,015 shares for $55.78 per share. The transaction valued at 112,397 led to the insider holds 34,313 shares of the business.
Bjornholt James Eric bought 2,015 shares of MCHP for $112,276 on May 23 ’25. On May 20 ’25, another insider, Johnson Karlton D, who serves as the Director of the company, sold 494 shares for $60.69 each. As a result, the insider received 29,981 and left with 3,468 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.93 while its Price-to-Book (P/B) ratio in mrq is 4.92.
Stock Price History:
Over the past 52 weeks, MCHP has reached a high of $96.98, while it has fallen to a 52-week low of $34.12. The 50-Day Moving Average of the stock is 29.63%, while the 200-Day Moving Average is calculated to be 4.14%.
Shares Statistics:
A total of 538.70M shares are outstanding, with a floating share count of 527.90M. Insiders hold about 2.13% of the company’s shares, while institutions hold 97.35% stake in the company.