Next Century Growth Investors LLC lessened its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Free Report) by 24.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,466 shares of the semiconductor company’s stock after selling 39,947 shares during the quarter. MACOM Technology Solutions makes up 1.5% of Next Century Growth Investors LLC’s portfolio, making the stock its 20th biggest position. Next Century Growth Investors LLC’s holdings in MACOM Technology Solutions were worth $21,490,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of MACOM Technology Solutions by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 14,329 shares of the semiconductor company’s stock valued at $2,454,000 after acquiring an additional 53 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of MACOM Technology Solutions by 2.3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,799 shares of the semiconductor company’s stock valued at $479,000 after acquiring an additional 62 shares in the last quarter. Meeder Advisory Services Inc. raised its holdings in shares of MACOM Technology Solutions by 3.5% during the fourth quarter. Meeder Advisory Services Inc. now owns 1,889 shares of the semiconductor company’s stock valued at $324,000 after acquiring an additional 63 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of MACOM Technology Solutions by 2.4% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,725 shares of the semiconductor company’s stock valued at $467,000 after acquiring an additional 63 shares in the last quarter. Finally, Merit Financial Group LLC raised its holdings in shares of 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 valued at $228,000 after acquiring an additional 68 shares in the last quarter. Institutional investors own 76.14% of the company’s stock.
Insider Transactions at MACOM Technology Solutions
In other news, CEO Stephen G. Daly sold 15,828 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $365.75, for a total value of $5,789,091.00. Following the sale, the chief executive officer directly owned 38,389 shares of the company’s stock, valued at approximately $14,040,776.75. This represents a 29.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Peter Y. Chung sold 43,268 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $378.20, for a total value of $16,363,957.60. Following the completion of the sale, the director directly owned 6,781 shares in the company, valued at approximately $2,564,574.20. This represents a 86.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 75,476 shares of company stock valued at $27,755,202. 0.36% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
View Our Latest Research Report on MACOM Technology Solutions
MACOM Technology Solutions Price Performance
Shares of MTSI stock opened at $379.87 on Friday. The stock has a market cap of $28.98 billion, a price-to-earnings ratio of 164.45, a PEG ratio of 3.12 and a beta of 1.66. The business’s fifty day moving average is $324.39 and its 200 day moving average is $249.23. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $118.16 and a twelve month high of $418.90. The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29.
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The company had revenue of $288.96 million for the quarter, compared to analysts’ expectations of $285.20 million. During the same period in the prior year, the firm earned $0.85 earnings per share. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.68 EPS for the current fiscal year.
About MACOM Technology Solutions
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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