MACOM Technology Solutions (NASDAQ:MTSI) CFO John Kober Sells 18,506 Shares

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSIGet Free Report) CFO John Kober sold 18,506 shares of MACOM Technology Solutions stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $167.58, for a total value of $3,101,235.48. Following the completion of the sale, the chief financial officer owned 57,387 shares in the company, valued at approximately $9,616,913.46. This trade represents a 24.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

John Kober also recently made the following trade(s):

  • On Tuesday, October 28th, John Kober sold 1,497 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $145.53, for a total value of $217,858.41.

MACOM Technology Solutions Price Performance

MACOM Technology Solutions stock traded up $8.39 during midday trading on Monday, reaching $178.42. The company’s stock had a trading volume of 1,460,287 shares, compared to its average volume of 835,828. The firm has a market capitalization of $13.29 billion, a PE ratio of -176.65, a P/E/G ratio of 2.26 and a beta of 1.52. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $179.38. The stock’s 50 day simple moving average is $135.39 and its 200 day simple moving average is $130.90. 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:MTSIGet Free Report) last posted its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $260.16 million. During the same period in the prior year, the company posted $0.73 EPS. The business’s revenue for the quarter 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. On average, equities research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of large investors have recently bought and sold shares of MTSI. Merit Financial Group LLC increased its position in MACOM Technology Solutions by 3.9% during the third quarter. Merit Financial Group LLC now owns 1,834 shares of the semiconductor company’s stock worth $228,000 after buying an additional 68 shares in the last quarter. Sowell Financial Services LLC increased its position in MACOM Technology Solutions by 3.9% during the 2nd quarter. Sowell Financial Services LLC now owns 2,135 shares of the semiconductor company’s stock worth $306,000 after purchasing an additional 80 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in MACOM Technology Solutions by 75.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 93 shares in the last quarter. Wedmont Private Capital raised its stake in MACOM Technology Solutions by 5.4% in the 3rd quarter. Wedmont Private Capital now owns 1,925 shares of the semiconductor company’s stock valued at $246,000 after purchasing an additional 99 shares during the last quarter. Finally, State of Michigan Retirement System lifted its holdings in MACOM Technology Solutions by 0.7% in the 2nd quarter. State of Michigan Retirement System now owns 14,300 shares of the semiconductor company’s stock valued at $2,049,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on MTSI. 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 report on Friday, July 18th. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, October 8th. Truist Financial reaffirmed a “buy” rating and issued a $180.00 price objective (up from $158.00) on shares of MACOM Technology Solutions in a research note on Friday. Barclays boosted their target price on MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Needham & Company LLC upped their target price on MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $169.44.

View Our Latest Report on MACOM Technology Solutions

About MACOM Technology Solutions

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

Receive News & Ratings for MACOM Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MACOM Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter.