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Krawczyk, Microchip Technology SVP, sells $345k in stock By Investing.com
Joseph R. Krawczyk II, Senior VP at Microchip Technology INC, sold 4,400 shares of common stock for $345,743. This transaction occurred as the stock trades near its 52-week high, with the company maintaining a 25-year dividend payment streak and analysts revising earnings estimates upward. Despite appearing overvalued by InvestingPro, Microchip has recent strategic moves, including an $800 million convertible senior notes offering and expanded edge AI solutions.