Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) CFO Sells 7,644 Shares of Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSIGet Free Report) CFO John Kober sold 7,644 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $359.25, for a total transaction of $2,746,107.00. Following the sale, the chief financial officer directly owned 40,972 shares of the company’s stock, valued at $14,719,191. This represents a 15.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Trading Up 4.7%

NASDAQ:MTSI traded up $16.73 on Wednesday, reaching $375.71. 1,441,393 shares of the stock traded hands, compared to its average volume of 1,344,301. The firm has a market capitalization of $28.67 billion, a price-to-earnings ratio of 162.65, a price-to-earnings-growth ratio of 3.26 and a beta of 1.60. The company’s 50 day moving average is $269.43 and its 200-day moving average is $222.39. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $118.16 and a 1-year high of $401.24.

MACOM Technology Solutions (NASDAQ:MTSIGet Free Report) last released its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. The business had revenue of $288.96 million during the quarter, compared to the consensus estimate of $285.20 million. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.85 EPS. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Equities research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.3 EPS for the current fiscal year.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of large investors have recently modified their holdings of MTSI. E20 Capital Ltd bought a new position in MACOM Technology Solutions during the 1st quarter valued at $30,386,000. Janus Henderson Group PLC lifted its stake in MACOM Technology Solutions by 15.5% during the 1st quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock valued at $174,109,000 after acquiring an additional 105,032 shares in the last quarter. Amundi lifted its stake in MACOM Technology Solutions by 15.5% during the 1st quarter. Amundi now owns 187,067 shares of the semiconductor company’s stock valued at $41,542,000 after acquiring an additional 25,121 shares in the last quarter. California State Teachers Retirement System lifted its stake in MACOM Technology Solutions by 24.5% during the 1st quarter. California State Teachers Retirement System now owns 79,391 shares of the semiconductor company’s stock valued at $17,630,000 after acquiring an additional 15,607 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in MACOM Technology Solutions by 282.5% during the 1st quarter. Empowered Funds LLC now owns 34,898 shares of the semiconductor company’s stock valued at $7,750,000 after acquiring an additional 25,775 shares in the last quarter. 76.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on MTSI shares. Benchmark raised their price objective on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Loop Capital started coverage on shares of MACOM Technology Solutions in a research report on Friday, April 10th. They set a “buy” rating and a $300.00 price objective for the company. Barclays raised their price objective on shares of MACOM Technology Solutions from $265.00 to $400.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Friday, May 8th. Finally, Stifel Nicolaus raised their price objective on shares of MACOM Technology Solutions from $255.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $316.82.

Check Out Our Latest Analysis on MTSI

About MACOM Technology Solutions

(Get Free Report)

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.

Featured Articles

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.