TimesSquare Capital Management LLC Sells 33,103 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

TimesSquare Capital Management LLC trimmed its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 15.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,619 shares of the semiconductor company’s stock after selling 33,103 shares during the period. TimesSquare Capital Management LLC owned about 0.24% of MACOM Technology Solutions worth $25,881,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its stake in shares of MACOM Technology Solutions by 11.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 98,208 shares of the semiconductor company’s stock worth $9,858,000 after purchasing an additional 10,137 shares during the last quarter. Allworth Financial LP grew its holdings in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 197 shares during the period. Cerity Partners LLC increased its position in MACOM Technology Solutions by 29.9% in the first quarter. Cerity Partners LLC now owns 26,309 shares of the semiconductor company’s stock worth $2,641,000 after buying an additional 6,062 shares during the last quarter. State of Michigan Retirement System raised its stake in shares of MACOM Technology Solutions by 3.6% in the first quarter. State of Michigan Retirement System now owns 14,200 shares of the semiconductor company’s stock valued at $1,425,000 after buying an additional 500 shares during the period. Finally, Xponance Inc. lifted its position in shares of MACOM Technology Solutions by 7.5% during the 1st quarter. Xponance Inc. now owns 7,021 shares of the semiconductor company’s stock valued at $705,000 after buying an additional 488 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 18,506 shares of the business’s 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 transaction, the chief financial officer owned 57,387 shares of the company’s stock, valued at $9,616,913.46. The trade was a 24.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Susan Ocampo sold 8,358 shares of the stock in a transaction on 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 completion of the transaction, the insider directly owned 2,577,334 shares in the company, valued at $386,625,873.34. The trade was a 0.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,571,218 shares of company stock worth $213,986,333 over the last three months. 16.30% of the stock is owned by insiders.

MACOM Technology Solutions Price Performance

NASDAQ:MTSI opened at $169.98 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $84.00 and a 52-week high of $179.38. The stock has a fifty day moving average of $137.17 and a 200 day moving average of $131.87. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. The firm has a market capitalization of $12.66 billion, a price-to-earnings ratio of -168.30, a P/E/G ratio of 2.26 and a beta of 1.52.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm had revenue of $261.17 million for the quarter, compared to analysts’ expectations of $260.16 million. During the same quarter last year, the firm posted $0.73 EPS. The company’s revenue was up 3.6% compared to the same quarter last year. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. On average, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Truist Financial reissued a “buy” rating and issued a $180.00 price target (up previously from $158.00) on shares of MACOM Technology Solutions in a research report on Friday, November 7th. Barclays boosted their target price on shares of MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Needham & Company LLC raised their price target on MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Stifel Nicolaus lifted their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Finally, Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $169.44.

MACOM Technology Solutions Profile

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.