Truist Financial Corp decreased its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Free Report) by 46.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,246 shares of the semiconductor company’s stock after selling 17,646 shares during the period. Truist Financial Corp’s holdings in MACOM Technology Solutions were worth $3,468,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Strs Ohio lifted its stake in MACOM Technology Solutions by 4.7% during the 4th quarter. Strs Ohio now owns 54,016 shares of the semiconductor company’s stock valued at $9,252,000 after acquiring an additional 2,403 shares in the last quarter. Horizon Investments LLC bought a new position in shares of MACOM Technology Solutions during the fourth quarter valued at about $176,000. Oppenheimer Asset Management Inc. lifted its position in shares of MACOM Technology Solutions by 9.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 17,340 shares of the semiconductor company’s stock valued at $2,970,000 after purchasing an additional 1,568 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in MACOM Technology Solutions by 141.1% during the fourth quarter. New York State Teachers Retirement System now owns 22,726 shares of the semiconductor company’s stock worth $3,893,000 after purchasing an additional 13,300 shares during the last quarter. Finally, Jennison Associates LLC boosted its holdings in MACOM Technology Solutions by 2.6% during the fourth quarter. Jennison Associates LLC now owns 352,650 shares of the semiconductor company’s stock worth $60,402,000 after purchasing an additional 8,906 shares during the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at MACOM Technology Solutions
In related news, Director John Ritchie sold 1,573 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $255.00, for a total transaction of $401,115.00. Following the sale, the director owned 8,690 shares of the company’s stock, valued at approximately $2,215,950. This represents a 15.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Susan Ocampo sold 261,763 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $254.43, for a total transaction of $66,600,360.09. Following the completion of the transaction, the insider owned 3,759,895 shares of the company’s stock, valued at $956,630,084.85. This trade represents a 6.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 551,557 shares of company stock worth $137,590,774 in the last three months. 0.36% of the stock is currently owned by corporate insiders.
MACOM Technology Solutions News Summary
- Positive Sentiment: Northland raised its price target on MACOM Technology Solutions to $375, signaling additional upside after the company’s strong momentum. Northland Raises its Price Target on MACOM Technology (MTSI) to $375
- Positive Sentiment: Multiple firms, including Barclays, Truist, Susquehanna, JPMorgan, and Needham, reiterated bullish views or highlighted strong price appreciation potential, reinforcing investor confidence in MTSI. Barclays Keeps Their Buy Rating on MACOM Technology Solutions Holdings (MTSI)
- Positive Sentiment: Analysts and commentary pieces pointed to MACOM’s AI and data center exposure as a key driver, suggesting the company is benefiting from strong demand trends in high-growth semiconductor markets. MACOM Technology: A Showcase Of AI Momentum
- Neutral Sentiment: Short-interest data showed no meaningful short position outstanding, so it does not appear to be a major near-term trading factor for the stock.
Wall Street Analyst Weigh In
MTSI has been the subject of several analyst reports. Truist Financial increased their price objective on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a research note on Friday. Susquehanna boosted their target price on MACOM Technology Solutions from $300.00 to $350.00 and gave the stock a “neutral” rating in a research note on Friday. Barclays upped their target price on MACOM Technology Solutions from $265.00 to $400.00 and gave the company an “overweight” rating in a report on Friday. Benchmark lifted their price target on MACOM Technology Solutions from $160.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Needham & Company LLC boosted their price objective on MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $316.82.
Get Our Latest Stock Analysis on MACOM Technology Solutions
MACOM Technology Solutions Stock Up 1.7%
MACOM Technology Solutions stock opened at $365.88 on Tuesday. The firm has a 50 day simple moving average of $253.52 and a 200 day simple moving average of $212.84. 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 $368.95. The firm has a market capitalization of $27.92 billion, a price-to-earnings ratio of 158.39, a P/E/G ratio of 3.40 and a beta of 1.60.
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, 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 firm had revenue of $288.96 million for the quarter, compared to the consensus estimate of $285.20 million. During the same quarter in the prior year, the business posted $0.85 earnings per share. The business’s quarterly revenue 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. On average, analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.2 earnings per share for the current year.
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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