Microchip Technology Incorporated $MCHP Shares Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC substantially increased its holdings in Microchip Technology Incorporated (MCHP) by 3,833.7% in Q4, acquiring 36,957 additional shares. This institutional activity, combined with other major funds also boosting their stakes, means institutions now own approximately 91.51% of the company’s stock. Despite significant insider selling by CEO Steve Sanghi, analysts maintain a “Moderate Buy” consensus for MCHP with an $86 target price, and the company recently beat EPS expectations while projecting positive Q4 2026 earnings.

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