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

Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) have earned an average rating of “Moderate Buy” from the fifteen research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $341.25.

Several analysts have recently issued reports on MTSI shares. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. Benchmark initiated coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They issued a “buy” rating and a $375.00 target price for the company. Weiss Ratings cut MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. BMO Capital Markets upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 price objective on the stock in a report on Friday, September 18th. Finally, Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $236.24 on Wednesday. MACOM Technology Solutions has a fifty-two week low of $140.18 and a fifty-two week high of $418.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. The stock’s fifty day moving average is $279.46 and its two-hundred day moving average is $306.99. The firm has a market capitalization of $18.04 billion, a P/E ratio of 75.96, a PEG ratio of 0.78 and a beta of 1.77.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.05. The business had revenue of $342.24 million during the quarter, compared to analysts’ expectations of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The business’s revenue for the quarter was up 35.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Research analysts expect that MACOM Technology Solutions will post 4.26 earnings per share for the current fiscal year.

Insider Activity at MACOM Technology Solutions

In related news, SVP Ambra R. Roth sold 653 shares of MACOM Technology Solutions stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $300.00, for a total value of $195,900.00. Following the transaction, the senior vice president directly owned 9,184 shares in the company, valued at $2,755,200. This trade represents a 6.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the completion of the sale, the chief operating officer owned 12,758 shares of the company’s stock, valued at approximately $3,511,001.60. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,294 shares of company stock valued at $2,674,656 in the last three months. 0.36% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Swedbank AB acquired a new stake in MACOM Technology Solutions in the first quarter valued at approximately $13,059,000. Azzad Asset Management Inc. ADV grew its stake in shares of MACOM Technology Solutions by 94.4% during the first quarter. Azzad Asset Management Inc. ADV now owns 20,113 shares of the semiconductor company’s stock valued at $4,466,000 after acquiring an additional 9,767 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of MACOM Technology Solutions by 41.7% during the first quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company’s stock worth $43,337,000 after acquiring an additional 57,474 shares during the last quarter. Fifth Third Bancorp boosted its holdings in MACOM Technology Solutions by 2,385.6% in the first quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company’s stock valued at $4,101,000 after purchasing an additional 17,725 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in MACOM Technology Solutions by 15.5% during the 1st quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock worth $174,109,000 after purchasing an additional 105,032 shares during the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.