MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Get Free Report) SVP Ambra Roth sold 653 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $300.00, for a total transaction of $195,900.00. Following the sale, the senior vice president directly owned 9,184 shares of the company’s stock, valued at $2,755,200. This represents a 6.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
MACOM Technology Solutions Price Performance
MACOM Technology Solutions stock traded up $6.70 during trading hours on Monday, reaching $328.30. 1,187,001 shares of the stock were exchanged, compared to its average volume of 1,437,923. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $121.97 and a twelve month high of $418.90. The company has a market cap of $25.07 billion, a P/E ratio of 105.56, a price-to-earnings-growth ratio of 1.10 and a beta of 1.77. The stock has a 50 day moving average of $275.50 and a two-hundred day moving average of $300.26.
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.35 by $0.05. The company had revenue of $342.24 million during the quarter, compared to analysts’ expectations of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The business’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Equities analysts expect that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current fiscal year.
Hedge Funds Weigh In On MACOM Technology Solutions
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Stifel Nicolaus lifted their price target on MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. Benchmark assumed coverage on MACOM Technology Solutions in a research note on Thursday, August 13th. They set a “buy” rating and a $375.00 target price for the company. Finally, Needham & Company LLC lifted their price target on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $341.25.
View Our Latest Research Report on MACOM Technology Solutions
About MACOM Technology Solutions
MACOM Technology Solutions Holdings, Inc (NASDAQ: MTSI) is a semiconductor company that designs and manufactures high-performance products for telecommunications, data center, industrial, aerospace and defense applications. Its technologies support the generation, transmission, reception and processing of high-frequency signals across radio frequency, microwave, millimeter-wave and optical systems.
The company’s product portfolio includes amplifiers, switches, diodes, mixers, modulators, filters, integrated circuits and other components used in wireless infrastructure, optical networks, satellite communications, radar, electronic warfare and test and measurement equipment.
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