MACOM Technology Solutions (NASDAQ:MTSI) Hits New 52-Week High Following Analyst Upgrade

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) reached a new 52-week high on Monday after JPMorgan Chase & Co. raised their price target on the stock from $240.00 to $345.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. MACOM Technology Solutions traded as high as $367.86 and last traded at $362.7610, with a volume of 100041 shares changing hands. The stock had previously closed at $359.88.

Several other equities analysts also recently weighed in on the company. Jefferies Financial Group lifted their target price on MACOM Technology Solutions from $185.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Bank of America lifted their target price on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Stifel Nicolaus lifted their target price on MACOM Technology Solutions from $255.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Loop Capital began coverage on MACOM Technology Solutions in a research report on Friday, April 10th. They set a “buy” rating and a $300.00 target price on the stock. Finally, Wall Street Zen downgraded MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $316.82.

Insiders Place Their Bets

In other news, CFO John Kober sold 7,196 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $243.07, for a total value of $1,749,131.72. Following the transaction, the chief financial officer directly owned 48,508 shares in the company, valued at $11,790,839.56. The trade was a 12.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Donghyun Thomas Hwang sold 3,718 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $276.74, for a total value of $1,028,919.32. Following the completion of the transaction, the senior vice president owned 34,886 shares in the company, valued at $9,654,351.64. The trade was a 9.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 551,557 shares of company stock valued at $137,590,774. Insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On MACOM Technology Solutions

Large investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in shares of MACOM Technology Solutions in the third quarter valued at about $25,000. EverSource Wealth Advisors LLC increased its holdings in shares of MACOM Technology Solutions by 75.6% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 93 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of MACOM Technology Solutions in the fourth quarter worth about $30,000. GHP Investment Advisors Inc. bought a new stake in shares of MACOM Technology Solutions in the first quarter worth about $31,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of MACOM Technology Solutions by 108.7% in the third quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 150 shares during the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

MACOM Technology Solutions Stock Down 0.2%

The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average price of $249.02 and a 200-day moving average price of $209.70. The stock has a market capitalization of $27.41 billion, a P/E ratio of 155.52, a PEG ratio of 3.40 and a beta of 1.60.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The firm had revenue of $288.96 million for the quarter, compared to analysts’ expectations of $285.20 million. During the same period in the previous year, the firm posted $0.85 earnings per share. The business’s revenue was up 22.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. As a group, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.2 EPS for the current fiscal year.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.