Docoh
Loading...
Sign up Log in

MCHP Microchip Technology

Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality.

Company profile

Ticker
MCHP
Exchange
NASDAQ
Website
www.microchip.com
CEO
Steve Sanghi
Employees
Incorporated
Delaware
Location
Arizona
Fiscal year end
Mar 31
Sector
Manufacturing > Semiconductor and Related Device Manufacturing
Industry (SIC)
Semiconductors & Related Devices
Intel • Broadcom • Texas Instruments • Micron Technology • ST Microelectronics - New York Shares • Broadcom • Applied Materials • Marvell Technology • NXP Semiconductors • Marvell Technology ...
SEC CIK
0000827054
Corporate docs
IRS number
860629024

MCHP stock data

(
)

News

Pro users get this 30m faster
Microchip Unveils Adaptec® Smart Storage PCIe® Gen 4 NVMe Tri-Mode SmartRAID 3200 RAID Adapters, and Adaptec SmartHBA 2200 and Adaptec HBA 1200 Host Bus Adapters
21 Jul 21
Cloud service providers and server original equipment manufacturers (OEMs) designing storage platforms demand exceptional performance, flexibility and security for the next generation of data centers. Microchip
Analyzing Microchip Technology's Unusual Options Activity
15 Jul 21
Shares of Microchip Technology (NASDAQ:MCHP) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $139.53.
Mizuho Downgrades Microchip Technology To Neutral; Reduced Price Target Implies 15% Upside
15 Jul 21
Mizuho Downgrades Microchip Technology to Neutral, Lowers Price Target to $160
15 Jul 21
Keybanc Maintains Overweight on Microchip Technology, Raises Price Target to $185
6 Jul 21

Press releases

Pro users get this 30m faster
First Single-Chip Network Synchronization Solution Provides Ultra Precise Timing for 5G Radio Access Equipment
29 Jul 21
CHANDLER, Ariz., July 29, 2021 (GLOBE NEWSWIRE) -- 5G technology requires time sources to be synchronized throughout a packet-switched network ten times more accurately than 4G requirements. Microchip Technology Inc.
Replace Silicon IGBTs with Industry's Most Rugged Silicon Carbide Power Solutions Now Available at 1700V
27 Jul 21
CHANDLER, Ariz., July 27, 2021 (GLOBE NEWSWIRE) -- Today's energy-efficient electric charging systems powering commercial vehicle propulsion, as well as auxiliary power systems, solar inverters, solid-state
Microchip Announces Production Shipments of Industry's First NVMe and 24G SAS Tri-mode RAID and HBA Storage Adapters
21 Jul 21
CHANDLER, Ariz., July 21, 2021 (GLOBE NEWSWIRE) -- Cloud service providers and server original equipment manufacturers (OEMs) designing storage platforms demand exceptional performance, flexibility and security for the
New Ethernet PHYs Enable Multidrop Bus Architecture, Enhancing Industrial Networks' Scalability and Functionality
20 Jul 21
New Qi® 1.3 Wireless Charging Reference Design Unveiled to Accelerate Development of Automotive and Consumer Qi Transmitter
14 Jul 21

Calendar

17 May 21
31 Jul 21
31 Mar 22

Financial summary

Financial statements Chart MCHP financial data
Quarter (USD)
 Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
 Mar 21 Mar 20 Mar 19 Mar 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 280M 280M 280M 280M 280M 280M
Cash burn (monthly) 30.23M 10.08M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 121.44M 40.5M n/a n/a n/a n/a
Cash remaining 158.56M 239.5M n/a n/a n/a n/a
Runway (months of cash) 5.2 23.8 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Recent insider trades

MCHP insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Jul 21 James Eric Bjornholt Performance Stock Units Common Stock Grant Aquire A No No 0 804 0 804
1 Jul 21 James Eric Bjornholt RSU Common Stock Grant Aquire A No No 0 803 0 803
1 Jul 21 Stephen V Drehobl Performance Stock Units Common Stock Grant Aquire A No No 0 1,007 0 1,007
1 Jul 21 Stephen V Drehobl RSU Common Stock Grant Aquire A No No 0 1,006 0 1,006
1 Jul 21 Mitchell R Little Performance Stock Units Common Stock Grant Aquire A No No 0 800 0 800
1 Jul 21 Mitchell R Little RSU Common Stock Grant Aquire A No No 0 800 0 800
1 Jul 21 Ganesh Moorthy Performance Stock Units Common Stock Grant Aquire A No No 0 3,311 0 3,311
1 Jul 21 Ganesh Moorthy RSU Common Stock Grant Aquire A No No 0 3,310 0 3,310
1 Jul 21 Steve Sanghi Performance Stock Units Common Stock Grant Aquire A No No 0 2,669 0 2,669
1 Jul 21 Steve Sanghi RSU Common Stock Grant Aquire A No No 0 2,669 0 2,669
Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

MCHP institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

90.1% owned by funds/institutions
13F holders
 Current Prev Q Change
Total holders 911 903 +0.9%
Opened positions 104 179 -41.9%
Closed positions 96 71 +35.2%
Increased positions 314 280 +12.1%
Reduced positions 340 296 +14.9%
13F shares
 Current Prev Q Change
Total value 38.22B 33.98B +12.5%
Total shares 246.34M 246.08M +0.1%
Total puts 1.25M 2.05M -38.9%
Total calls 1.26M 1.9M -33.4%
Total put/call ratio 1.0 1.1 -8.3%
Largest owners
 Shares Value Change
Vanguard 30.54M $4.74B +2.8%
BLK Blackrock 19.8M $3.07B -2.1%
TROW T. Rowe Price 17.93M $2.78B +38.0%
Dodge & Cox 15.06M $2.34B -17.6%
STT State Street 10.09M $1.57B +1.6%
Aristotle Capital Management 8.95M $1.38B +0.3%
JHG Janus Henderson 8.49M $1.32B -5.9%
BAC Bank Of America 8.38M $1.3B -3.6%
JPM JPMorgan Chase & Co. 6.62M $1.03B -4.1%
PFG Principal Financial Group Inc - Registered Shares 5.67M $880.32M -2.0%
Largest transactions
 Shares Bought/sold Change
TROW T. Rowe Price 17.93M +4.94M +38.0%
Dodge & Cox 15.06M -3.23M -17.6%
Norges Bank 0 -2.6M EXIT
Vanguard 30.54M +827.66K +2.8%
Allianz Asset Management GmbH 3.33M +696.36K +26.4%
Millennium Management 700.01K +663.48K +1816.6%
Carillon Tower Advisers 0 -630.11K EXIT
IVZ Invesco 2.7M +625.44K +30.1%
FMR 4.98M +581.25K +13.2%
WHG Westwood 739.96K +571.07K +338.1%
Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

?
Competition
Analog Devices • Frequency Electronics • Exar • Cypress Semiconductor • Quicklogic • DSP • Marvell Technology • INPHI • MaxLinear • MACOM Technology Solutions
Management Discussion
  • We operate in two industry segments and engage primarily in the design, development, manufacture and sale of semiconductor products as well as the licensing of our SuperFlash and other technologies.  We sell our products to distributors and OEMs in a broad range of markets, perform ongoing credit evaluations of our customers and generally require no collateral.  In certain circumstances, a customer's financial condition may require collateral, and, in such cases, the collateral would be typically provided in the form of letters of credit.
  • The increase in net sales in fiscal 2021 compared to fiscal 2020 was primarily due to strength in our microcontroller product line. The net sales value of inventory at our distributor customers decreased $10.4 million during fiscal 2021 compared to a decrease of $68.2 million during fiscal 2020. Excluding the impact of changes in distributor inventory levels on net sales, net sales increased by 2.0% in fiscal 2021 compared to fiscal 2020 and was positively impacted by strength in our microcontroller product line. Due to the size, complexity and diversity of our customer base, we are not able to quantify any material factor contributing to the change other than net demand fluctuations in the end markets that we serve.
  • •increasing semiconductor content in our customers’ products through our Total Systems Solutions.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: adapted, American, ARPA, artificial, built, certiorari, Chair, Cloud, CODM, compatibility, convey, deep, dispute, driver, edge, EEA, electromechanical, empowered, empowerment, EU, extinguishment, GDPR, greatest, grown, guide, Guiding, hall, healthcare, heard, imbalance, Impinj, inconsistency, inconsistent, infection, intact, intrusion, IoT, job, Karen, Karlton, launched, lawfully, leave, leaving, maker, mentorship, NaNne, notification, obligor, organizational, oriented, outbound, persist, priority, privacy, quantify, quantitative, Rapp, regime, reluctance, reputation, Rescue, restored, resumed, reverted, role, safer, server, Shield, silicon, slight, smart, Solution, specialist, store, stressed, stricter, strike, strive, tariff, TCJA, tender, tenure, tight, today, town, transmit, transparency, trust, TSS, unexpectedly, Union, viable, Weakening, whichever, writ
Removed: AAA, acceleration, acquiror, acted, administering, afford, amendment, analyzing, Anticipating, approval, ASC, Asian, assured, attempting, attracting, back, bad, bankruptcy, bearing, billed, broaden, catalog, certificate, charter, civil, clarify, Codification, commencing, commitment, comparability, compensated, conducting, confidentiality, conforming, consumed, continual, contributory, covenant, creation, credited, criminal, cyclically, death, debenture, declining, deductibility, deduction, default, delaying, deter, difficulty, dioxide, disaster, discourage, discretion, divert, doubtful, earn, EBIDTA, EEPROM, effecting, elapsed, Electrically, eligibility, emerging, employ, encounter, enhance, entry, ERISA, evidenced, exchanged, expired, explanation, exporting, facilitate, fee, fluctuation, forecasted, fulfilled, good, granting, greenhouse, growing, holding, hostile, hour, hypothetical, importing, inaccuracy, incorporation, initiated, interrupt, interval, jointly, layout, leader, lessor, letter, list, matching, materialize, mega, merger, merging, Micrel, micron, modified, monthly, municipal, nominate, nominated, nonconvertible, OFAC, offering, optimize, overdue, overlapping, partial, participant, payroll, penalty, photomask, pool, prepaid, prepay, prescribed, priced, propose, provisional, provisionary, published, quantity, radio, reacquisition, reader, recurring, refine, reliable, removal, renewable, resale, resignation, restricted, retaining, retire, returned, revaluation, roll, rounding, run, SAB, scheduling, scrapped, seasonal, select, selected, simulation, slate, solicitation, spare, spectrum, standby, Static, step, stoppage, sublimit, submitted, swingline, takeover, taxpayer, temperature, toxic, unaudited, uncollectible, unsolicited, unused, unwilling, upgrade, vacancy, verify, volatile, voting, waiting, watt
From filing 10-K 2021 FY

Financial reports

View all
10-K
2021 FY
Annual report
17 May 21
10-Q
2021 Q3
Quarterly report
4 Feb 21
10-Q
2021 Q2
Quarterly report
5 Nov 20
10-Q
2021 Q1
Quarterly report
4 Aug 20
10-K
2020 FY
Annual report
21 May 20
10-Q
2020 Q3
Quarterly report
4 Feb 20
10-Q
2020 Q2
Quarterly report
6 Nov 19
10-Q
2020 Q1
Quarterly report
7 Aug 19
10-K
2019 FY
Annual report
30 May 19
10-Q
2019 Q3
Quarterly report
6 Feb 19

Current reports

View all
8-K
Entry into a Material Definitive Agreement
28 May 21
8-K
Microchip Technology Announces Offering of
21 May 21
8-K
Microchip Technology Announces Record Financial Results
6 May 21
8-K
Departure of Directors or Certain Officers
7 Apr 21
8-K
Departure of Directors or Certain Officers
2 Mar 21
8-K
Unregistered Sales of Equity Securities
17 Feb 21
8-K
Microchip Technology Announces Financial Results
4 Feb 21
8-K
Entry into a Material Definitive Agreement
18 Dec 20
8-K
Microchip Technology Announces Offering of
15 Dec 20
8-K
Entry into a Material Definitive Agreement
2 Dec 20

Registration and prospectus

View all
S-8
Registration of securities for employees
4 Feb 20
S-8
Registration of securities for employees
29 May 18
S-8
Registration of securities for employees
7 Nov 17
S-8
Registration of securities for employees
9 Aug 16
S-8
Registration of securities for employees
3 Apr 16
425
Business combination disclosure
13 Mar 16
425
Business combination disclosure
13 Mar 16
425
Business combination disclosure
1 Mar 16
424B3
Prospectus supplement
25 Feb 16
S-4/A
Registration of securities issued in business combination transactions (amended)
23 Feb 16

Proxies

View all
DEF 14A
Definitive proxy
19 Jul 21
PRE 14A
Preliminary proxy
16 Jun 21
DEF 14A
Definitive proxy
14 Jul 20
DEFA14A
Additional proxy soliciting materials
31 Jul 19
DEF 14A
Definitive proxy
15 Jul 19
DEF 14A
Definitive proxy
12 Jul 18
DFAN14A
Additional proxy materials by non-management
15 May 18
DFAN14A
Additional proxy materials by non-management
9 May 18
DFAN14A
Additional proxy materials by non-management
22 Apr 18
DFAN14A
Additional proxy materials by non-management
16 Apr 18

Other

View all
SD
Conflict minerals disclosure
28 May 21
UPLOAD
Letter from SEC
6 Aug 20
CORRESP
Correspondence with SEC
4 Aug 20
UPLOAD
Letter from SEC
21 Jul 20
SD
Conflict minerals disclosure
29 May 20
UPLOAD
Letter from SEC
9 Dec 19
CORRESP
Correspondence with SEC
29 Sep 19
UPLOAD
Letter from SEC
23 Sep 19
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
23 May 18

Ownership

View all
4
MICROCHIP TECHNOLOGY / RICHARD J SIMONCIC ownership change
6 Jul 21
4
MICROCHIP TECHNOLOGY / STEVE SANGHI ownership change
6 Jul 21
4
MICROCHIP TECHNOLOGY / GANESH MOORTHY ownership change
6 Jul 21
4
MICROCHIP TECHNOLOGY / MITCHELL R LITTLE ownership change
6 Jul 21
4
MICROCHIP TECHNOLOGY / STEPHEN V DREHOBL ownership change
6 Jul 21
4
MICROCHIP TECHNOLOGY / James Eric Bjornholt ownership change
6 Jul 21
4
MICROCHIP TECHNOLOGY / RICHARD J SIMONCIC ownership change
3 Jun 21
4
MICROCHIP TECHNOLOGY / STEVE SANGHI ownership change
3 Jun 21
4
MICROCHIP TECHNOLOGY / GANESH MOORTHY ownership change
3 Jun 21
4
MICROCHIP TECHNOLOGY / MITCHELL R LITTLE ownership change
3 Jun 21

Patents

View all
APP
Utility
Method for Combining Analog Neural Net with Fpga Routing In a Monolithic Integrated Circuit
29 Jul 21
A method for implementing a neural network system in an integrated circuit includes presenting digital pulses to word line inputs of a matrix vector multiplier including a plurality of word lines, the word lines forming intersections with a plurality of summing bit lines, a programmable Vt transistor at each intersection having a gate connected to the intersecting word line, a source connected to a fixed potential and a drain connected to the intersecting summing bit line, each digital pulse having a pulse width proportional to an analog quantity.
GRANT
Utility
Transceiver and driver architecture with low emission and high interference tolerance
27 Jul 21
Circuitry of a physical layer for interfacing with a communication bus of a wired local area network is disclosed.
APP
Utility
Self-aligned Implants for Silicon Carbide (Sic) Technologies and Fabrication Method
22 Jul 21
A method for fabricating a silicon carbide semiconductor device includes providing a SiC epitaxial layer disposed over a surface of a SiC substrate, forming an implant aperture in a hardmask layer on a surface of the expitaxial SiC layer, implanting contact and well regions in the SiC epitaxial layer through the hardmask layer, the contact region lying completely within and recessed from edges of the well region by performing one of implanting the well region through the implant aperture, reducing the area of the implant aperture forming a reduced-area contact implant aperture and implanting the contact region through the reduced-area implant aperture to form a contact region, and implanting the contact region through the implant aperture, increasing the area of the implant aperture to form a increased-area well implant aperture and implanting the well region through the increased-area implant aperture to form a well region completely surrounding the contact region.
GRANT
Utility
Error tolerant memory array and method for performing error correction in a memory array
20 Jul 21
A method for providing error correction for a memory array includes for each memory word stored in a data memory portion of the memory array having at least one bit error, storing in an error PROM error data identifying a memory address for the data word in the data memory portion, a bit position of each bit error, and correct bit data for each bit error, monitoring memory addresses presented to the data PROM, if a memory address presented to the data memory portion is an identified memory address, reading from the error PROM the bit position of each bit error and the correct bit data for each bit error, and substituting the correct bit data into each identified bit position of a sense amplifier reading data from the data memory portion.
GRANT
Utility
Wireless power transfer based on transmitter coil voltage sensing
20 Jul 21
In a wireless power transfer system for supplying power to a wireless device, e.g., charging a battery, wireless power transmitter coil voltage is used in place of coil current for communication and power control reference.

Transcripts

View all
2021 Q4
Earnings call transcript
7 May 21
2021 Q3
Earnings call transcript
5 Feb 21
2021 Q2
Earnings call transcript
6 Nov 20
2021 Q1
Earnings call transcript
5 Aug 20
2020 Q4
Earnings call transcript
8 May 20
2020 Q3
Earnings call transcript
4 Feb 20
2020 Q2
Earnings call transcript
5 Nov 19
2020 Q1
Earnings call transcript
7 Aug 19
2019 Q4
Earnings call transcript
8 May 19
2019 Q3
Earnings call transcript
5 Feb 19

Reddit threads

View all