Public Employees Retirement System of Ohio acquired a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 20,042 shares of the semiconductor company’s stock, valued at approximately $7,623,000.
Several other hedge funds have also added to or reduced their stakes in the business. Bell Investment Advisors Inc bought a new position in shares of MACOM Technology Solutions during the second quarter valued at $49,000. GHP Investment Advisors Inc. acquired a new stake in MACOM Technology Solutions in the first quarter valued at $31,000. Keating Financial Advisory Services Inc. bought a new position in MACOM Technology Solutions during the 2nd quarter worth $58,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in MACOM Technology Solutions during the 2nd quarter worth $67,000. Finally, Measured Wealth Private Client Group LLC bought a new position in MACOM Technology Solutions during the 4th quarter worth $30,000. 76.14% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
MTSI has been the topic of a number of analyst reports. Barclays upped their price target on MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Truist Financial upped their target price on MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a report on Friday, May 8th. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. BMO Capital Markets assumed coverage on shares of MACOM Technology Solutions in a report on Friday, August 21st. They set a “market perform” rating and a $335.00 price target for the company. Finally, HC Wainwright restated a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $341.25.
Key MACOM Technology Solutions News
Here are the key news stories impacting MACOM Technology Solutions this week:
- Positive Sentiment: Zacks Research maintains a “Strong-Buy” rating and raised its EPS forecast for fiscal 2026 to $4.35 from $3.49, fiscal 2027 to $4.84 from $3.99, and fiscal 2028 to $4.53 from $4.23. It also increased several quarterly estimates, including Q4 2026 to $1.67 from $0.90 and Q4 2027 to $1.51 from $1.13, suggesting improved expectations for MACOM’s earnings growth. Zacks analyst estimates and industry outlook
- Positive Sentiment: Analysts see approximately 47% potential upside for MTSI based on average price targets. Zacks noted that the upward trend in earnings revisions could support further appreciation, although price-target metrics are not always reliable. MTSI price target outlook
- Neutral Sentiment: COO Robert Dennehy sold 252 shares worth about $69,350 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced his holdings by 1.94%, but he still owns 12,758 shares; the planned nature and small size make it a limited signal about management’s outlook. SEC insider transaction filing
- Negative Sentiment: Zacks modestly reduced its Q3 2028 EPS estimate to $1.13 from $1.15, providing a small counterpoint to the otherwise widespread upward revisions.
MACOM Technology Solutions Stock Down 0.7%
Shares of NASDAQ:MTSI opened at $262.01 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $121.97 and a 1 year high of $418.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. The business’s 50-day moving average is $294.53 and its 200-day moving average is $294.16. The company has a market capitalization of $20.01 billion, a price-to-earnings ratio of 84.25, a P/E/G ratio of 1.46 and a beta of 1.71.
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last released its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.35 by $0.05. The business had revenue of $342.24 million during the quarter, compared to analysts’ expectations of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The firm’s revenue was up 35.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current year.
Insiders Place Their Bets
In related news, COO Robert Dennehy sold 252 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the transaction, the chief operating officer owned 12,758 shares in the company, valued at $3,511,001.60. The trade was a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the transaction, the chief financial officer owned 33,583 shares in the company, valued at $10,950,744.64. The trade was a 18.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 10,261 shares of company stock worth $3,484,495. Corporate insiders own 0.36% of the company’s stock.
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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