After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
The company is listed on the NASDAQ and operates within the Semiconductors industry segment. The current market capitalization of Microchip Technology, Inc. is $43.24B. A total of 6.28 million shares were traded on the day, compared to an average of 6.68M shares.
In the most recent transaction, Bjornholt James Eric sold 2,154 shares of MCHP for 81.50 per share on Aug 23 ’24. After the transaction, the Senior VP and CFO now owns 33,257 company shares. In a previous transaction on Aug 23 ’24, Bjornholt James Eric bought 2,154 shares at 81.44 per share.
Among the insiders who sold shares, CHAPMAN MATTHEW W disposed of 2,748 shares on Jun 10 ’24 at a per-share price of $93.88. This resulted in the Director holding 35,682 shares of MCHP after the transaction. In another insider transaction, Johnson Karlton D sold 227 shares at $97.00 per share on May 31 ’24. Company shares held by the Director now total 1,470.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Microchip Technology, Inc. pays an annual dividend of $1.79, resulting in a dividend yield of 2.23%, and it has a price to earnings (P/E) ratio of 32.20. MCHP’s most recent ex-dividend date was 8/22/2024 when it declared a $0.4540 quarterly dividend that was paid in cash on 9/5/2024. Previously, the company paid the dividend on 6/5/2024 with an ex-dividend date of 5/21/2024. The MCHP stock dividend was $0.4520 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, MCHP has a high of $100.57 and a low of $68.75.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MCHP’s latest balance sheet shows that the firm has $319.40M in Cash & Short Term Investments as of fiscal 2022. There were $7.72B in debt and $1.40B in liabilities at the time. Its Book Value Per Share was $11.94, while its Total Shareholder’s Equity was $5.89B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCHP is Buy with a score of 4.35.
