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Talos Eurisko Asset Management LP Sells 87,400 Shares of Microchip Technology Incorporated $MCHP
Talos Eurisko Asset Management LP recently reduced its stake in Microchip Technology Incorporated (MCHP) by 23.7%, selling 87,400 shares, now owning 281,700 shares valued at $18,091,000. Other hedge funds have also adjusted their positions, and 91.51% of the stock is institutionally owned. Wall Street analysts currently give MCHP a “Moderate Buy” rating with an average target price of $86.00, while the company also announced a quarterly dividend.