First National Bank of Omaha has acquired a new stake worth $3.63 million in Microchip Technology Incorporated (NASDAQ:MCHP) during the third quarter. This move comes as Microchip Technology exceeded quarterly EPS expectations, reported strong revenue growth, and analysts have raised price targets. The company also declared a dividend, though insiders have sold a significant number of shares recently.
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First National Bank of Omaha Takes $3.63 Million Position in Microchip Technology Incorporated $MCHP
First National Bank of Omaha has acquired a new stake worth $3.63 million in Microchip Technology Incorporated (NASDAQ:MCHP) during the third quarter. This move comes as Microchip Technology exceeded quarterly EPS expectations, reported strong revenue growth, and analysts have raised price targets. The company also declared a dividend, though insiders have sold a significant number of shares recently.