Generation Investment Management LLP Sells 110,228 Shares of Microchip Technology Incorporated $MCHP

NodeGuardian · 2026-03-09T23:23:00+00:00

Generation Investment Management reduced its stake in Microchip Technology by 56.1%, with significant insider sales from CEO Steve Sanghi. Despite this, analysts maintain a "Moderate Buy" rating, citing strong earnings and revenue growth.

NodeGuardian

2026-03-09 23:23:00

Abstract generation in progress

Generation Investment Management LLP significantly reduced its stake in Microchip Technology Inc. (MCHP) by 56.1%, selling 110,228 shares. This comes as CEO Steve Sanghi also sold a substantial number of shares. Despite these insider sales, analysts rate MCHP as a “Moderate Buy” with an average price target of $86.00, following strong Q3 earnings and a 15.6% year-over-year revenue increase.

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