Vestmark Advisory Solutions Inc. Trims Stock Holdings in Microchip Technology Incorporated $MCHP

robot
Abstract generation in progress

Vestmark Advisory Solutions Inc. significantly reduced its holdings in Microchip Technology Inc. (MCHP) by 76.1% in Q3, selling 17,412 shares and retaining 5,482 shares valued at $352,000. Despite this, Microchip Technology beat EPS expectations and saw its revenue increase by 15.6% year-over-year. The company maintains a “Moderate Buy” consensus rating from analysts, with CEO Steve Sanghi also reducing his position by selling shares worth nearly $8 million.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)