MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $407.95 and last traded at $404.17, with a volume of 263091 shares changing hands. The stock had previously closed at $385.98.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the stock. Benchmark lifted their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a report on Friday, February 6th. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a report on Friday, May 8th. Bank of America lifted their price target on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a report on Monday, April 13th. Finally, Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Two equities 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $321.36.
Get Our Latest Research Report on MACOM Technology Solutions
MACOM Technology Solutions Price Performance
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. The firm had revenue of $288.96 million during the quarter, compared to analyst estimates of $285.20 million. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. MACOM Technology Solutions’s revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.85 EPS. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.65 earnings per share for the current year.
Insider Activity
In other news, Director Charles R. Bland sold 800 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $380.00, for a total value of $304,000.00. Following the completion of the sale, the director directly owned 14,338 shares of the company’s stock, valued at approximately $5,448,440. This represents a 5.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Geoffrey G. Ribar sold 1,623 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $361.84, for a total transaction of $587,266.32. Following the completion of the sale, the director directly owned 12,563 shares of the company’s stock, valued at approximately $4,545,795.92. This represents a 11.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 59,648 shares of company stock worth $21,966,111 over the last three months. Insiders own 0.36% of the company’s stock.
Institutional Trading of MACOM Technology Solutions
A number of institutional investors have recently made changes to their positions in MTSI. Advisory Services Network LLC acquired a new stake in shares of MACOM Technology Solutions in the 3rd quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its holdings in shares of MACOM Technology Solutions by 75.6% in 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. Measured Wealth Private Client Group LLC bought a new stake in shares of MACOM Technology Solutions in the 4th quarter worth approximately $30,000. GHP Investment Advisors Inc. bought a new stake in shares of MACOM Technology Solutions in the 1st quarter worth approximately $31,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of MACOM Technology Solutions by 108.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 150 shares in the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.
MACOM Technology Solutions Company Profile
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.
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