MACOM Technology Solutions (NASDAQ:MTSI – Free Report) had its target price cut by Susquehanna from $350.00 to $300.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the semiconductor company’s stock.
MTSI has been the subject of a number of other research reports. Weiss Ratings restated a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Friday, May 8th. Bank of America boosted their target price on MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. JPMorgan Chase & Co. increased their price target on MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. HC Wainwright restated a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Finally, Loop Capital began coverage on MACOM Technology Solutions in a research note on Friday, April 10th. They issued a “buy” rating and a $300.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $330.45.
Check Out Our Latest Stock Report on MACOM Technology Solutions
MACOM Technology Solutions Price Performance
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its quarterly 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 company had revenue of $288.95 million for 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%. MACOM Technology Solutions’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.85 EPS. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. As a group, sell-side analysts expect that MACOM Technology Solutions will post 3.68 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, Director Geoffrey G. Ribar sold 1,623 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $361.84, for a total value of $587,266.32. Following the completion of the transaction, the director owned 12,563 shares of the company’s stock, valued at approximately $4,545,795.92. This trade represents a 11.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter Y. Chung sold 43,268 shares of MACOM Technology Solutions stock in a transaction dated 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 transaction, the director owned 6,781 shares of the company’s stock, valued at approximately $2,564,574.20. This represents a 86.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 78,096 shares of company stock worth $28,760,941. Insiders own 0.36% of the company’s stock.
Institutional Investors Weigh In On MACOM Technology Solutions
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC purchased a new position in shares of MACOM Technology Solutions in the 3rd quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in MACOM Technology Solutions during the 4th quarter valued at $30,000. GHP Investment Advisors Inc. purchased a new stake in MACOM Technology Solutions during the 1st quarter valued at $31,000. Bayforest Capital Ltd bought a new stake in MACOM Technology Solutions in the fourth quarter worth $39,000. Finally, Clearstead Advisors LLC lifted its position in MACOM Technology Solutions by 156.5% in the fourth quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company’s stock worth $40,000 after buying an additional 144 shares during the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.
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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