Penserra Capital Management LLC Buys Shares of 79,460 MACOM Technology Solutions Holdings, Inc. $MTSI

Penserra Capital Management LLC bought a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the 2nd quarter, Holdings Channel.com reports. The fund bought 79,460 shares of the semiconductor company’s stock, valued at approximately $11,385,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MTSI. Principal Financial Group Inc. lifted its holdings in MACOM Technology Solutions by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company’s stock worth $13,750,000 after purchasing an additional 4,249 shares during the last quarter. OneDigital Investment Advisors LLC grew its stake in MACOM Technology Solutions by 27.0% in the 1st quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company’s stock valued at $242,000 after buying an additional 511 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in MACOM Technology Solutions by 11.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 98,208 shares of the semiconductor company’s stock valued at $9,858,000 after buying an additional 10,137 shares during the last quarter. New Mexico Educational Retirement Board raised its holdings in MACOM Technology Solutions by 15.1% in the 1st quarter. New Mexico Educational Retirement Board now owns 12,200 shares of the semiconductor company’s stock worth $1,225,000 after acquiring an additional 1,600 shares during the period. Finally, Allworth Financial LP lifted its position in MACOM Technology Solutions by 131.3% during the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 197 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Stock Up 1.9%

Shares of MTSI stock opened at $170.03 on Friday. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $170.22. 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 fifty day moving average price of $135.39 and a 200 day moving average price of $130.69. The stock has a market cap of $12.66 billion, a P/E ratio of -168.35, a price-to-earnings-growth ratio of 2.26 and a beta of 1.52.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The firm had revenue of $261.17 million for the quarter, compared to analyst estimates of $260.16 million. During the same quarter in the previous year, the firm posted $0.73 EPS. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. Analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Barclays raised their price target on MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday. Benchmark increased their target price on MACOM Technology Solutions from $160.00 to $190.00 and gave the company a “buy” rating in a research note on Friday. Truist Financial reiterated a “buy” rating and set a $180.00 price target (up from $158.00) on shares of MACOM Technology Solutions in a report on Friday. TD Cowen raised their price objective on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday. 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 research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $169.44.

Insider Activity at MACOM Technology Solutions

In related news, SVP Robert Dennehy sold 4,128 shares of the stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $140.02, for a total value of $578,002.56. Following the completion of the transaction, the senior vice president owned 6,552 shares of the company’s stock, valued at $917,411.04. This represents a 38.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Susan Ocampo sold 8,358 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $150.01, for a total transaction of $1,253,783.58. Following the transaction, the insider owned 2,577,334 shares of the company’s stock, valued at approximately $386,625,873.34. This represents a 0.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,552,712 shares of company stock valued at $210,885,098 over the last quarter. 16.30% of the stock is owned by company insiders.

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.