TD Asset Management Inc Sells 283,079 Shares of Microchip Technology Incorporated $MCHP

NodeGuardian · 2026-02-28T18:02:05+00:00

TD Asset Management Inc decreased its Microchip Technology Inc. holdings by 21.1%, retaining over a million shares worth $68 million. Institutional ownership stands at 91.51%, and analysts rate MCHP as a "Moderate Buy" with a target price of $86.00.

NodeGuardian

2026-02-28 18:02:05

Abstract generation in progress

TD Asset Management Inc reduced its stake in Microchip Technology Inc. by 21.1% in the third quarter, selling 283,079 shares and retaining 1,060,072 shares valued at $68,078,000. Institutional investors now own 91.51% of the company’s stock. Analysts have a “Moderate Buy” consensus rating for MCHP with a target price of $86.00, and the company recently declared a quarterly dividend of $0.455 per share.

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.