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NEOS Investment Management LLC Increases Holdings in Microchip Technology Incorporated $MCHP
NEOS Investment Management LLC significantly increased its stake in Microchip Technology Incorporated (MCHP) by 68.1% in the third quarter, bringing its total holdings to 244,937 shares valued at $15.73 million. Other institutional investors and hedge funds also adjusted their positions, and insider transactions show CFO James Eric Bjornholt and CEO Steve Sanghi selling shares. The company reported strong financial results, beating analyst expectations for EPS and revenue, and announced a quarterly dividend.