Oppenheimer Asset Management Inc. Boosts Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Oppenheimer Asset Management Inc. boosted its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 20.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 16,748 shares of the semiconductor company’s stock after buying an additional 2,852 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in MACOM Technology Solutions were worth $2,400,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of MTSI. SVB Wealth LLC purchased a new position in MACOM Technology Solutions during the first quarter valued at $34,000. Allworth Financial LP lifted its position in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 197 shares in the last quarter. Maseco LLP purchased a new position in MACOM Technology Solutions during the second quarter valued at $48,000. Advisors Asset Management Inc. lifted its position in MACOM Technology Solutions by 49.7% during the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 161 shares in the last quarter. Finally, AlphaQuest LLC lifted its position in MACOM Technology Solutions by 74.5% during the first quarter. AlphaQuest LLC now owns 569 shares of the semiconductor company’s stock valued at $57,000 after purchasing an additional 243 shares in the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at MACOM Technology Solutions

In other MACOM Technology Solutions news, major shareholder Susan Ocampo sold 150,424 shares of the stock in a transaction dated Monday, September 15th. The shares were 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 of the company’s stock, valued at $474,711,359.03. This represents a 4.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 1,420,839 shares of company stock worth $191,324,004. 16.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. Truist Financial increased their price target on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. Finally, TD Cowen started coverage on MACOM Technology Solutions in a research note on Wednesday, October 1st. They issued a “buy” rating and a $150.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $150.50.

MACOM Technology Solutions Trading Up 3.2%

Shares of MTSI stock opened at $152.66 on Thursday. The stock has a fifty day simple moving average of $131.72 and a two-hundred day simple moving average of $127.91. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $84.00 and a 52-week high of $154.54. The firm has a market capitalization of $11.37 billion, a PE ratio of -151.15, a PEG ratio of 2.19 and a beta of 1.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate 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 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. On average, analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

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.