Microchip Technology Incorporated, MCHP is showing recent insider trading activity. Public SEC records indicate that Karlton Johnson recently Sold $31,080 worth of shares on 2 months ago. With that said, our editors here at politicsandwallstreet.com, are adding MCHP to our watchlist to see if this momentum continues.
Based on this transaction and a few others from Corporate Insiders of MCHP that Sold 7,900 worth of shares in the last 3 months, the Insider Confidence level of Microchip Technology Incorporated is trending Down.
Since these insiders have unique insights into what's happening at Microchip Technology Incorporated, this might serve as an indicator of where it is headed.
Here is a list of the latest insider activity for MCHP:
In addition, TradingView issued a Neutral rating for MCHP over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bullish short-term outlook.
Here is a bit more on Microchip Technology Incorporated, MCHP but please do your own research.
MCHP Summary: Microchip Technology Inc. develops and manufactures microcontrollers, memory and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks. The company has now three major product lines: Microcontrollers (this product portfolio comprises 8-bit, 16-bit and 32-bit PIC microcontrollers and 16-bit dsPIC digital signal controllers) and Analog (these products consist of several families with approximately 800 power management, linear, mixed-signal, thermal management, RF Linear drivers, safety and security, and interface products).
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com.
This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to MCHP, you should consider joining TipRanks.com.
PoliticsAndWallStreet.com
Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
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Based on this transaction and a few others from Corporate Insiders of MCHP that Sold 7,900 worth of shares in the last 3 months, the Insider Confidence level of Microchip Technology Incorporated is trending Down.
Since these insiders have unique insights into what's happening at Microchip Technology Incorporated, this might serve as an indicator of where it is headed.
Here is a list of the latest insider activity for MCHP:
- Karlton Johnson - officer: Senior VP and CFO, Sold $31,080 worth of shares on 2 weeks ago
- James Bjornholt - director, Sold $193,915 worth of shares on 2 months ago
- Karlton Johnson - director, Sold $41,235 worth of shares on 3 months ago
- Karlton Johnson - director, Sold $79,862 worth of shares on 3 months ago
In addition, TradingView issued a Neutral rating for MCHP over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bullish short-term outlook.
Here is a bit more on Microchip Technology Incorporated, MCHP but please do your own research.
MCHP Summary: Microchip Technology Inc. develops and manufactures microcontrollers, memory and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks. The company has now three major product lines: Microcontrollers (this product portfolio comprises 8-bit, 16-bit and 32-bit PIC microcontrollers and 16-bit dsPIC digital signal controllers) and Analog (these products consist of several families with approximately 800 power management, linear, mixed-signal, thermal management, RF Linear drivers, safety and security, and interface products).
- Recent Last Price: $83.48
- Price Change: $1.08, 1.31%
- Yearly Gain: 3.47%
- Market Cap: $45.11B
- P/E Ratio: 19.5
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com.
This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to MCHP, you should consider joining TipRanks.com.
PoliticsAndWallStreet.com
Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
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