MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Stock Has Consensus Target Price of $341.25

Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) have been given an average rating of “Moderate Buy” by the fifteen analysts that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $341.25.

MTSI has been the topic of several research reports. Benchmark initiated coverage on shares of MACOM Technology Solutions in a research note on Thursday, August 13th. They set a “buy” rating and a $375.00 price objective on the stock. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings cut MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Finally, BMO Capital Markets raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 price target on the stock in a report on Friday, September 18th.

Insider Buying and Selling at MACOM Technology Solutions

In related news, COO Robert Dennehy sold 252 shares of MACOM Technology Solutions stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $275.20, for a total value of $69,350.40. Following the sale, the chief operating officer directly owned 12,758 shares in the company, valued at $3,511,001.60. This trade represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the sale, the chief financial officer directly owned 33,583 shares in the company, valued at approximately $10,950,744.64. This trade represents a 18.03% 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. 0.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of MACOM Technology Solutions by 3.0% in the 4th quarter. Geode Capital Management LLC now owns 1,267,103 shares of the semiconductor company’s stock worth $217,073,000 after purchasing an additional 37,222 shares in the last quarter. GW&K Investment Management LLC boosted its holdings in MACOM Technology Solutions by 6.1% during the fourth quarter. GW&K Investment Management LLC now owns 1,217,935 shares of the semiconductor company’s stock worth $208,609,000 after buying an additional 70,167 shares in the last quarter. Janus Henderson Group PLC grew its position in MACOM Technology Solutions by 15.5% in the first quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock worth $174,109,000 after buying an additional 105,032 shares during the last quarter. Jupiter Topco LLC acquired a new position in MACOM Technology Solutions in the second quarter worth approximately $256,612,000. Finally, Bank of America Corp DE bought a new position in shares of MACOM Technology Solutions in the second quarter valued at $247,732,000. 76.14% of the stock is owned by institutional investors and hedge funds.

MACOM Technology Solutions Stock Performance

Shares of MTSI opened at $278.56 on Friday. The stock has a market capitalization of $21.27 billion, a PE ratio of 89.57, a price-to-earnings-growth ratio of 1.58 and a beta of 1.71. The business’s fifty day moving average price is $273.96 and its 200 day moving average price is $298.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. MACOM Technology Solutions has a 12-month low of $121.97 and a 12-month high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. During the same period in the prior year, the company earned $0.90 earnings per share. The firm’s revenue was up 35.8% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Equities research analysts forecast that MACOM Technology Solutions will post 4.26 EPS for the current year.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc (NASDAQ:MTSI) develops and manufactures high-performance semiconductor products for communications, aerospace and defense, industrial, and test and measurement applications. The company’s technologies are designed to support the transmission, processing, and control of high-frequency signals across a range of electronic systems.

Its product portfolio includes radio-frequency, microwave, and millimeter-wave components; analog and mixed-signal devices; compound semiconductor products; and optical components used in communications infrastructure and data-center networks.