MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) SVP Donghyun Thomas Hwang sold 3,718 shares of MACOM Technology Solutions stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $276.74, for a total transaction of $1,028,919.32. Following the completion of the sale, the senior vice president owned 34,886 shares in the company, valued at approximately $9,654,351.64. This trade represents a 9.63% decrease in their position. The sale was disclosed in a document filed 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.
MACOM Technology Solutions Stock Up 2.6%
MTSI opened at $291.47 on Tuesday. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $109.09 and a twelve month high of $299.82. The company has a quick ratio of 3.18, a current ratio of 3.96 and a debt-to-equity ratio of 0.30. The company has a 50-day moving average price of $244.61 and a 200 day moving average price of $205.85. The company has a market cap of $21.86 billion, a PE ratio of 136.84, a price-to-earnings-growth ratio of 4.72 and a beta of 1.60.
MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.03. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The company had revenue of $271.61 million for the quarter, compared to analysts' expectations of $269.02 million. During the same period in the previous year, the firm posted $0.79 EPS. MACOM Technology Solutions's revenue was up 24.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. Sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.2 earnings per share for the current fiscal year.
Institutional Investors Weigh In On MACOM Technology Solutions
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sigma Planning Corp acquired a new stake in shares of MACOM Technology Solutions during the 1st quarter worth about $779,000. Maryland State Retirement & Pension System increased its position in shares of MACOM Technology Solutions by 10.0% during the first quarter. Maryland State Retirement & Pension System now owns 3,384 shares of the semiconductor company's stock valued at $751,000 after acquiring an additional 309 shares during the last quarter. State of Michigan Retirement System raised its stake in shares of MACOM Technology Solutions by 2.6% in the 1st quarter. State of Michigan Retirement System now owns 15,500 shares of the semiconductor company's stock valued at $3,442,000 after acquiring an additional 400 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of MACOM Technology Solutions by 41.7% in the 1st quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company's stock worth $43,337,000 after acquiring an additional 57,474 shares during the last quarter. Finally, Diversify Wealth Management LLC purchased a new position in shares of MACOM Technology Solutions during the 1st quarter worth approximately $174,000. Hedge funds and other institutional investors own 76.14% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. Zacks Research downgraded MACOM Technology Solutions from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 29th. Jefferies Financial Group lifted their target price on shares of MACOM Technology Solutions from $185.00 to $260.00 and gave the stock a "buy" rating in a research note on Monday, February 2nd. Wall Street Zen cut shares of MACOM Technology Solutions from a "buy" rating to a "hold" rating in a research report on Saturday. Benchmark raised their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Finally, Loop Capital began coverage on shares of MACOM Technology Solutions in a research report on Friday, April 10th. They set a "buy" rating and a $300.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, MACOM Technology Solutions currently has a consensus rating of "Moderate Buy" and a consensus price target of $251.45.
Get Our Latest Stock Analysis on MACOM Technology Solutions
MACOM Technology Solutions Company Profile
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Get Free Report)
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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