Fifth Third Wealth Advisors LLC Buys New Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Fifth Third Wealth Advisors LLC bought a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,669 shares of the semiconductor company’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors have also made changes to their positions in MTSI. AQR Capital Management LLC lifted its holdings in shares of MACOM Technology Solutions by 5,891.8% during the 1st quarter. AQR Capital Management LLC now owns 247,400 shares of the semiconductor company’s stock valued at $23,510,000 after acquiring an additional 243,271 shares in the last quarter. Nuveen LLC acquired a new position in MACOM Technology Solutions in the 1st quarter worth $23,767,000. Ieq Capital LLC acquired a new position in MACOM Technology Solutions in the 1st quarter worth $16,389,000. Vanguard Group Inc. lifted its holdings in MACOM Technology Solutions by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company’s stock worth $667,171,000 after buying an additional 129,201 shares in the last quarter. Finally, Analog Century Management LP lifted its holdings in MACOM Technology Solutions by 25.0% in the 1st quarter. Analog Century Management LP now owns 577,893 shares of the semiconductor company’s stock worth $58,009,000 after buying an additional 115,532 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

Insider Transactions at MACOM Technology Solutions

In related news, SVP Robert Dennehy sold 5,000 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $127.23, for a total transaction of $636,150.00. Following the completion of the sale, the senior vice president owned 10,680 shares of the company’s stock, valued at $1,358,816.40. This represents a 31.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Susan Ocampo sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $133.03, for a total transaction of $19,954,500.00. Following the completion of the transaction, the insider owned 3,159,710 shares of the company’s stock, valued at approximately $420,336,221.30. This trade represents a 4.53% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 970,711 shares of company stock valued at $128,686,483. Insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Price Performance

Shares of NASDAQ:MTSI opened at $131.54 on Wednesday. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $152.50. The firm has a 50-day simple moving average of $128.09 and a 200 day simple moving average of $124.30. The company has a market cap of $9.80 billion, a PE ratio of -130.24, a P/E/G ratio of 1.94 and a beta of 1.48.

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MTSI. Truist Financial boosted their price objective on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a report on Monday, July 7th. TD Cowen assumed coverage on shares of MACOM Technology Solutions in a report on Wednesday, October 1st. They issued a “buy” rating and a $150.00 price objective on the stock. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America upped their target price on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, June 24th. Finally, Stifel Nicolaus upped their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, MACOM Technology Solutions presently has an average rating of “Moderate Buy” and an average target price of $146.56.

MACOM Technology Solutions Company Profile

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.