Meeder Advisory Services Inc. Makes New Investment in MACOM Technology Solutions Holdings, Inc. $MTSI

Meeder Advisory Services Inc. purchased a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,966 shares of the semiconductor company’s stock, valued at approximately $748,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MTSI. Citizens Financial Group Inc. RI acquired a new stake in shares of MACOM Technology Solutions in the 2nd quarter worth $276,000. Deutsche Bank AG acquired a new position in MACOM Technology Solutions during the 2nd quarter valued at about $137,970,000. Perigon Wealth Management LLC acquired a new position in MACOM Technology Solutions during the 2nd quarter valued at about $446,000. Rice Hall James & Associates LLC purchased a new stake in MACOM Technology Solutions in the second quarter valued at about $4,077,000. Finally, TimesSquare Capital Management LLC purchased a new stake in MACOM Technology Solutions in the second quarter valued at about $99,499,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Insider Buying and Selling at MACOM Technology Solutions

In related news, CEO Stephen G. Daly sold 15,828 shares of the company’s 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 completion of the transaction, the chief executive officer owned 38,389 shares of the company’s stock, valued at approximately $14,040,776.75. This represents a 29.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total value of $1,005,739.40. Following the transaction, the senior vice president directly owned 29,756 shares of the company’s stock, valued at approximately $11,422,435.72. The trade was a 8.09% 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. In the last quarter, insiders sold 25,837 shares of company stock worth $9,204,236. Insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

MTSI has been the subject of several recent analyst reports. Truist Financial raised their price target on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Zacks Research downgraded shares of MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, July 24th. Stifel Nicolaus increased their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $341.82.

MACOM Technology Solutions Trading Down 1.4%

MACOM Technology Solutions stock opened at $266.18 on Friday. The stock has a 50-day moving average price of $312.93 and a 200 day moving average price of $292.09. The company has a market capitalization of $20.33 billion, a price-to-earnings ratio of 85.59, a price-to-earnings-growth ratio of 1.55 and a beta of 1.70. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $120.73 and a 52 week high of $418.90. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $336.08 million. During the same quarter in the prior year, the company earned $0.90 EPS. MACOM Technology Solutions’s quarterly revenue was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current year.

MACOM Technology Solutions 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.