Praxis Investment Management Inc. Takes Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Praxis Investment Management Inc. bought a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,550 shares of the semiconductor company’s stock, valued at approximately $222,000.

A number of other large investors have also modified their holdings of MTSI. GAMMA Investing LLC grew its stake in shares of MACOM Technology Solutions by 24.4% in the first quarter. GAMMA Investing LLC now owns 1,455 shares of the semiconductor company’s stock valued at $146,000 after buying an additional 285 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in MACOM Technology Solutions during the 1st quarter valued at approximately $206,000. State of Alaska Department of Revenue grew its stake in MACOM Technology Solutions by 5.5% during the 1st quarter. State of Alaska Department of Revenue now owns 6,969 shares of the semiconductor company’s stock valued at $699,000 after purchasing an additional 365 shares in the last quarter. Retirement Systems of Alabama grew its stake in MACOM Technology Solutions by 2.0% during the 1st quarter. Retirement Systems of Alabama now owns 101,785 shares of the semiconductor company’s stock valued at $10,217,000 after purchasing an additional 1,959 shares in the last quarter. Finally, Advisor Resource Council acquired a new stake in MACOM Technology Solutions during the 1st quarter valued at approximately $633,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

Insider Transactions at MACOM Technology Solutions

In related news, major shareholder Susan Ocampo sold 150,424 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $132.43, for a total transaction of $19,920,650.32. Following the completion of the transaction, the insider owned 3,584,621 shares in the company, valued at $474,711,359.03. The trade was a 4.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last ninety days, insiders sold 1,276,076 shares of company stock worth $170,476,583. Insiders own 16.30% of the company’s stock.

Wall Street Analysts Forecast Growth

MTSI has been the subject of a number of recent analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. Truist Financial raised their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Stifel Nicolaus raised their price objective on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $146.56.

MACOM Technology Solutions Price Performance

Shares of MTSI opened at $136.82 on Monday. The firm has a market cap of $10.19 billion, a price-to-earnings ratio of -135.47, a PEG ratio of 2.03 and a beta of 1.48. The stock has a 50 day moving average of $128.56 and a 200-day moving average of $125.27. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The business had revenue of $252.08 million for the quarter, compared to the consensus estimate of $249.89 million. During the same quarter last year, the business posted $0.66 EPS. The business’s revenue was up 32.3% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

MACOM Technology Solutions 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.