MACOM Technology Solutions Holdings, Inc. $MTSI Stock Bought by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 41.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,040 shares of the semiconductor company’s stock after purchasing an additional 2,950 shares during the period. ProShare Advisors LLC’s holdings in MACOM Technology Solutions were worth $2,860,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jupiter Topco LLC purchased a new stake in MACOM Technology Solutions in the 2nd quarter worth approximately $256,612,000. Bank of America Corp DE purchased a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $247,732,000. Bank of New York Mellon Corp purchased a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $204,593,000. Deutsche Bank AG purchased a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $137,970,000. Finally, TimesSquare Capital Management LLC purchased a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $99,499,000. Institutional investors own 76.14% of the company’s stock.

Insider Activity

In other news, SVP Ambra Roth sold 653 shares of the firm’s stock in a transaction that occurred on 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 $2,755,200. This trade represents a 6.64% decrease in their position. The transaction 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, COO Robert Dennehy sold 252 shares of MACOM Technology Solutions stock in a transaction that occurred on 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 owned 12,758 shares in the company, valued at $3,511,001.60. This represents a 1.94% 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. Insiders sold a total of 9,321 shares of company stock worth $2,917,644 in the last quarter. 0.36% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Weiss Ratings downgraded MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Zacks Research upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 24th. Stifel Nicolaus set a $360.00 price target on shares of MACOM Technology Solutions in a report on Thursday. Needham & Company LLC reduced their price objective on shares of MACOM Technology Solutions from $410.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, 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 for the company in a report on Friday, September 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $316.54.

MACOM Technology Solutions Stock Performance

Shares of MTSI opened at $190.35 on Friday. 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 Holdings, Inc. has a one year low of $150.80 and a one year high of $418.90. The company has a 50-day simple moving average of $272.25 and a two-hundred day simple moving average of $282.87. The firm has a market capitalization of $14.54 billion, a PE ratio of 61.21, a price-to-earnings-growth ratio of 0.76 and a beta of 1.82.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.09. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%. The business had revenue of $424.82 million for the quarter, compared to analysts’ expectations of $420.35 million. During the same period in the previous year, the firm posted $0.94 EPS. The business’s revenue was up 62.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. On average, analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current fiscal year.

MACOM Technology Solutions News Roundup

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS was $2.09, topping the $2.00 consensus, while revenue of $424.82 million exceeded estimates of $420.35 million and increased 62.6% year over year. Article: M/A-Com Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: For fiscal Q1 2027, MACOM guided to EPS of $2.21–$2.29, above the $1.96 consensus, and revenue of $450–$460 million, versus expectations of $431.1 million. This outlook points to continued growth.
• Negative Sentiment: Shares declined sharply despite the earnings beat and upbeat outlook. Needham lowered its price target to $300 from $410, while retaining a Buy rating; the reduced target may have added pressure. Article: Needham & Company analyst ratings

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.