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California Teachers Retirement System Buys 73.9M Microchip Shares

Microchip Technology logoMicrochip Technology
Sig1.50Sen+1.30Env0.00Soc0.00Gov0.00

California State Teachers Retirement System increased its stake in Microchip Technology by buying 73,929,678 shares, bringing holdings to 74,723,990 shares worth about $6.81B (13.76%) at quarter end. Other investors also raised positions. Microchip reported quarterly EPS of $0.76, beating estimates of $0.70, while several analysts reiterated buy ratings.

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