SummitTX Capital L.P. Takes Position in MACOM Technology Solutions Holdings, Inc. $MTSI

SummitTX Capital L.P. acquired a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,698 shares of the semiconductor company’s stock, valued at approximately $599,000.

A number of other large investors have also recently made changes to their positions in the company. Advisory Services Network LLC acquired a new stake in MACOM Technology Solutions in the third quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in MACOM Technology Solutions during the 4th quarter worth approximately $30,000. GHP Investment Advisors Inc. acquired a new position in MACOM Technology Solutions during the 1st quarter worth approximately $31,000. Bayforest Capital Ltd purchased a new stake in shares of MACOM Technology Solutions in the 4th quarter valued at approximately $39,000. Finally, Clearstead Advisors LLC increased its position in shares of MACOM Technology Solutions by 156.5% in the 4th quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 144 shares during the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on MTSI shares. Bank of America raised their price objective on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a report on Monday, April 13th. Barclays increased their target price on MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. Zacks Research cut MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 24th. Stifel Nicolaus lifted their price target on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Needham & Company LLC upped their price objective on MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $330.45.

Insider Buying and Selling

In other MACOM Technology Solutions news, Director Geoffrey G. Ribar sold 1,623 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $361.84, for a total value of $587,266.32. Following the completion of the transaction, the director owned 12,563 shares in the company, valued at $4,545,795.92. This represents a 11.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Stephen G. Daly sold 15,828 shares of MACOM Technology Solutions stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $365.75, for a total value of $5,789,091.00. Following the sale, the chief executive officer owned 38,389 shares in the company, valued at $14,040,776.75. This trade represents a 29.19% decrease in their position. 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. Insiders have sold a total of 74,378 shares of company stock valued at $27,732,022 over the last ninety days. Company insiders own 0.36% of the company’s stock.

MACOM Technology Solutions Stock Up 1.1%

MTSI stock opened at $251.44 on Friday. The stock has a market cap of $19.18 billion, a P/E ratio of 108.85, a PEG ratio of 2.04 and a beta of 1.65. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $118.16 and a twelve month high of $418.90. The company’s 50 day moving average is $336.21 and its two-hundred day moving average is $284.43.

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, beating the consensus estimate of $1.07 by $0.02. The business had revenue of $288.95 million during the quarter, compared to analysts’ expectations of $285.20 million. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.85 EPS. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share 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.