Peter Chung Sells 43,268 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Peter Chung sold 43,268 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the completion of the sale, the director owned 6,781 shares in the company, valued at $2,564,574.20. This represents a 86.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

MACOM Technology Solutions Trading Up 0.8%

Shares of MTSI stock opened at $358.98 on Wednesday. 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 12-month low of $118.16 and a 12-month high of $401.24. The stock has a market capitalization of $27.39 billion, a P/E ratio of 155.40, a P/E/G ratio of 3.26 and a beta of 1.60. The firm’s 50 day moving average is $269.43 and its 200 day moving average is $222.39.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The business had revenue of $288.96 million for the quarter, compared to the consensus estimate of $285.20 million. During the same period last year, the firm earned $0.85 earnings per share. The company’s quarterly revenue was up 22.5% on a year-over-year basis. 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 3.3 earnings per share for the current year.

Analyst Upgrades and Downgrades

MTSI has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Loop Capital assumed coverage on shares of MACOM Technology Solutions in a report on Friday, April 10th. They issued a “buy” rating and a $300.00 price target on the stock. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Needham & Company LLC lifted their price target on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Benchmark lifted their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $316.82.

Institutional Investors Weigh In On MACOM Technology Solutions

Hedge funds have recently modified their holdings of the business. Advisory Services Network LLC purchased a new stake in shares of MACOM Technology Solutions in the 3rd quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its stake in shares of MACOM Technology Solutions by 75.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 93 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of MACOM Technology Solutions during the 4th quarter worth approximately $30,000. GHP Investment Advisors Inc. bought a new position in shares of MACOM Technology Solutions during the 1st quarter worth approximately $31,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of MACOM Technology Solutions by 108.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

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.