Barclays Issues Positive Forecast for MACOM Technology Solutions (NASDAQ:MTSI) Stock Price

MACOM Technology Solutions (NASDAQ:MTSI) had its price target boosted by equities researchers at Barclays from $150.00 to $200.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. Barclays‘s target price suggests a potential upside of 18.41% from the stock’s previous close.

Other analysts also recently issued reports about the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, October 8th. Needham & Company LLC raised their price target on shares of MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday. TD Cowen boosted their price objective on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a report on Friday. Benchmark boosted their price target on MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $169.44.

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock traded up $1.99 during trading on Friday, hitting $168.91. The stock had a trading volume of 616,327 shares, compared to its average volume of 828,323. The firm has a market cap of $12.58 billion, a price-to-earnings ratio of -167.55, a P/E/G ratio of 2.26 and a beta of 1.52. MACOM Technology Solutions has a 12 month low of $84.00 and a 12 month high of $169.23. The business’s 50-day moving average is $134.55 and its 200 day moving average is $129.93. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The business had revenue of $261.17 million during the quarter, compared to analyst estimates of $260.16 million. During the same period in the prior year, the business posted $0.73 earnings per share. The company’s revenue was up 3.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions will post 2.43 earnings per share for the current year.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, major shareholder Susan Ocampo sold 150,424 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $132.43, for a total value of $19,920,650.32. Following the completion of the sale, the insider directly owned 3,584,621 shares in the company, valued at approximately $474,711,359.03. This trade represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 1,552,712 shares of company stock valued at $210,885,098 in the last 90 days. 16.30% of the stock is owned by insiders.

Institutional Trading of MACOM Technology Solutions

Institutional investors and hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. lifted its position in shares of MACOM Technology Solutions by 3.2% in the first quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company’s stock valued at $13,750,000 after acquiring an additional 4,249 shares in the last quarter. OneDigital Investment Advisors LLC lifted its holdings in MACOM Technology Solutions by 27.0% in the 1st quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company’s stock valued at $242,000 after purchasing an additional 511 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in MACOM Technology Solutions by 11.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 98,208 shares of the semiconductor company’s stock worth $9,858,000 after purchasing an additional 10,137 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in MACOM Technology Solutions by 15.1% during the 1st quarter. New Mexico Educational Retirement Board now owns 12,200 shares of the semiconductor company’s stock worth $1,225,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock worth $37,000 after buying an additional 197 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.