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Exchange Traded Concepts LLC Buys 38,611 Shares of Microchip Technology Incorporated $MCHP
Exchange Traded Concepts LLC increased its stake in Microchip Technology Inc. by 20.9% in Q4, holding 223,476 shares valued at $14.24 million. Microchip Technology reported Q4 EPS of $0.44 and revenue of $1.19 billion, exceeding analyst estimates, and announced a quarterly dividend of $0.455 per share, yielding approximately 2.9%. Institutional investors own 91.51% of the stock, while CEO Steve Sanghi recently sold 98,814 shares for about $7.96 million.