Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) Major Shareholder Sells 45,986 Shares of Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) major shareholder Susan Ocampo sold 45,986 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $131.12, for a total value of $6,029,684.32. Following the completion of the sale, the insider owned 3,956,165 shares of the company’s stock, valued at approximately $518,732,354.80. This represents a 1.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Susan Ocampo also recently made the following trade(s):

• On Monday, September 8th, Susan Ocampo sold 3,195 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $132.06, for a total value of $421,931.70.
• On Friday, September 5th, Susan Ocampo sold 113,275 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $131.41, for a total value of $14,885,467.75.

MACOM Technology Solutions Stock Performance

Shares of MTSI opened at $129.79 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10. The stock has a 50-day moving average of $132.93 and a 200-day moving average of $120.75. The company has a market cap of $9.67 billion, a PE ratio of -128.50, a P/E/G ratio of 2.47 and a beta of 1.49. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $252.08 million during the quarter, compared to the consensus estimate of $249.89 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm’s revenue for the quarter was up 32.3% compared to the same quarter last year. During the same period last year, the business posted $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on MTSI. Truist Financial raised their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Bank of America raised their price target on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. Stifel Nicolaus raised their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Finally, Zacks Research raised shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $146.13.

Hedge Funds Weigh In On MACOM Technology Solutions

Several hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. lifted its position in shares of MACOM Technology Solutions by 19.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,347 shares of the semiconductor company’s stock worth $475,000 after buying an additional 543 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of MACOM Technology Solutions by 59.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 25,137 shares of the semiconductor company’s stock worth $3,602,000 after buying an additional 9,417 shares in the last quarter. Ion Asset Management Ltd. lifted its position in shares of MACOM Technology Solutions by 53.8% during the 2nd quarter. Ion Asset Management Ltd. now owns 20,000 shares of the semiconductor company’s stock worth $2,866,000 after buying an additional 7,000 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of MACOM Technology Solutions by 106.4% in the 2nd quarter. Corient Private Wealth LLC now owns 4,158 shares of the semiconductor company’s stock worth $594,000 after purchasing an additional 2,143 shares during the period. Finally, Captrust Financial Advisors raised its holdings in shares of MACOM Technology Solutions by 18.5% in the 2nd quarter. Captrust Financial Advisors now owns 10,767 shares of the semiconductor company’s stock worth $1,543,000 after purchasing an additional 1,683 shares during the period. Institutional investors own 76.14% of the company’s stock.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.