MACOM Technology Solutions (NASDAQ:MTSI) SVP Sells $195,900.00 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) SVP Ambra Roth sold 653 shares of MACOM Technology Solutions stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $300.00, for a total value of $195,900.00. Following the completion of the transaction, the senior vice president owned 9,184 shares in the company, valued at approximately $2,755,200. This represents a 6.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Trading Down 4.2%

NASDAQ MTSI opened at $335.91 on Thursday. The firm has a market cap of $25.65 billion, a PE ratio of 108.01, a price-to-earnings-growth ratio of 1.20 and a beta of 1.77. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $121.97 and a 1-year high of $418.90. The stock has a 50-day moving average of $280.98 and a 200-day moving average of $302.73. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The business had revenue of $342.24 million for the quarter, compared to analyst estimates of $336.08 million. During the same period last year, the company earned $0.90 EPS. MACOM Technology Solutions’s revenue for the quarter 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. As a group, sell-side analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MTSI. Benchmark assumed coverage on shares of MACOM Technology Solutions in a report on Thursday, August 13th. They set a “buy” rating and a $375.00 price target for the company. Weiss Ratings lowered shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Needham & Company LLC increased their target price on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. BMO Capital Markets upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 target price for the company 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 research note on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $341.25.

Institutional Investors Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bright Rock Capital Management LLC bought a new position in MACOM Technology Solutions in the third quarter worth $1,567,000. Burkett Financial Services LLC bought a new stake in shares of MACOM Technology Solutions during the 3rd quarter valued at $38,000. QRG Capital Management Inc. grew its position in shares of MACOM Technology Solutions by 9.3% in the 2nd quarter. QRG Capital Management Inc. now owns 2,601 shares of the semiconductor company’s stock worth $989,000 after buying an additional 222 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of MACOM Technology Solutions by 5.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,073 shares of the semiconductor company’s stock worth $789,000 after buying an additional 107 shares during the period. Finally, Tidal Investments LLC increased its stake in shares of MACOM Technology Solutions by 21.3% in the 2nd quarter. Tidal Investments LLC now owns 15,986 shares of the semiconductor company’s stock worth $6,081,000 after acquiring an additional 2,803 shares in the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc (NASDAQ: MTSI) is a semiconductor company that designs and manufactures high-performance products for telecommunications, data center, industrial, aerospace and defense applications. Its technologies support the generation, transmission, reception and processing of high-frequency signals across radio frequency, microwave, millimeter-wave and optical systems.

The company’s product portfolio includes amplifiers, switches, diodes, mixers, modulators, filters, integrated circuits and other components used in wireless infrastructure, optical networks, satellite communications, radar, electronic warfare and test and measurement equipment.