Police & Firemen s Retirement System of New Jersey Grows Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Police & Firemen s Retirement System of New Jersey boosted its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 6.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,059 shares of the semiconductor company’s stock after acquiring an additional 1,465 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in MACOM Technology Solutions were worth $3,447,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of MACOM Technology Solutions by 2.5% during the second quarter. Geode Capital Management LLC now owns 1,152,581 shares of the semiconductor company’s stock valued at $165,177,000 after purchasing an additional 28,257 shares in the last quarter. Vise Technologies Inc. purchased a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth approximately $274,000. Allworth Financial LP grew its holdings in shares of MACOM Technology Solutions by 969.5% in the second quarter. Allworth Financial LP now owns 3,711 shares of the semiconductor company’s stock valued at $532,000 after purchasing an additional 3,364 shares in the last quarter. ProShare Advisors LLC increased its position in MACOM Technology Solutions by 4.1% in the second quarter. ProShare Advisors LLC now owns 2,638 shares of the semiconductor company’s stock worth $378,000 after purchasing an additional 105 shares during the last quarter. Finally, Summit Investment Advisors Inc. raised its stake in MACOM Technology Solutions by 0.4% during the first quarter. Summit Investment Advisors Inc. now owns 26,211 shares of the semiconductor company’s stock valued at $2,631,000 after purchasing an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Price Performance

MACOM Technology Solutions stock opened at $162.50 on Monday. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of -160.89, a price-to-earnings-growth ratio of 2.26 and a beta of 1.52. The firm has a 50-day moving average of $139.24 and a two-hundred day moving average of $133.17. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $84.00 and a 1 year high of $179.38. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share 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 during the quarter, compared to the consensus estimate of $260.16 million. During the same quarter in the previous year, the firm posted $0.73 earnings per share. The company’s revenue 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. On average, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Insider Activity

In other news, major shareholder Susan Ocampo sold 150,424 shares of the firm’s stock in a transaction 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 transaction, the insider owned 3,584,621 shares in the company, valued at approximately $474,711,359.03. This trade represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 1,792,190 shares of company stock worth $250,743,848. 16.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MTSI. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, October 8th. Zacks Research raised MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Barclays lifted their price objective on shares of MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Truist Financial reissued a “buy” rating and issued a $180.00 target price (up previously from $158.00) on shares of MACOM Technology Solutions in a research note on Friday, November 7th. Finally, TD Cowen lifted their price target 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, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $169.44.

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.