MACOM Technology Solutions (NASDAQ:MTSI) Given New $190.00 Price Target at Benchmark

MACOM Technology Solutions (NASDAQ:MTSI) had its price objective lifted by Benchmark from $160.00 to $190.00 in a research report sent to investors on Friday morning,Benzinga reports. Benchmark currently has a buy rating on the semiconductor company’s stock.

Other equities research analysts have also issued research reports about the stock. Stifel Nicolaus increased their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Needham & Company LLC raised their target price on shares of MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Finally, TD Cowen began coverage on MACOM Technology Solutions in a research note on Wednesday, October 1st. They set a “buy” rating and a $150.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $169.44.

MACOM Technology Solutions Price Performance

Shares of MTSI traded up $3.11 during mid-day trading on Friday, hitting $170.03. 1,559,969 shares of the company were exchanged, compared to its average volume of 832,909. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of -168.35, a price-to-earnings-growth ratio of 2.26 and a beta of 1.52. MACOM Technology Solutions has a 1-year low of $84.00 and a 1-year high of $170.22. The company has a 50 day moving average of $135.39 and a 200-day moving average of $130.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83.

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

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 1,497 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $145.53, for a total value of $217,858.41. Following the transaction, the chief financial officer owned 43,580 shares of the company’s stock, valued at $6,342,197.40. This represents a 3.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Susan Ocampo sold 8,358 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $150.01, for a total transaction of $1,253,783.58. Following the transaction, the insider directly owned 2,577,334 shares of the company’s stock, valued at approximately $386,625,873.34. This trade represents a 0.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,552,712 shares of company stock worth $210,885,098 over the last quarter. 16.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of hedge funds have recently made changes to their positions in MTSI. Norges Bank purchased a new stake in MACOM Technology Solutions in the second quarter valued at approximately $113,936,000. Vanguard Group Inc. raised its holdings in shares of MACOM Technology Solutions by 5.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,067,757 shares of the semiconductor company’s stock valued at $879,865,000 after buying an additional 392,365 shares during the period. Fiera Capital Corp purchased a new stake in shares of MACOM Technology Solutions in the 2nd quarter valued at $41,744,000. Massachusetts Financial Services Co. MA lifted its stake in MACOM Technology Solutions by 205.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 390,450 shares of the semiconductor company’s stock worth $48,607,000 after acquiring an additional 262,557 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in MACOM Technology Solutions by 5,891.8% during the 1st quarter. AQR Capital Management LLC now owns 247,400 shares of the semiconductor company’s stock valued at $23,510,000 after acquiring an additional 243,271 shares during the period. 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.