Private Advisory Group LLC Acquires Shares of 19,413 Microchip Technology Incorporated $MCHP

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Private Advisory Group LLC has acquired a new position of 19,413 shares in Microchip Technology Incorporated (NASDAQ:MCHP), valued at approximately $1.25 million. This purchase contributes to institutional investors now owning 91.51% of the company’s stock. The stock has an average rating of “Moderate Buy” and an average target price of $86.00, while corporate insiders have recently sold shares totaling $9.64 million over the past three months.

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