Key Points
- Director Geoffrey Ribar sold 1,623 shares of MACOM Technology Solutions on May 11 at an average price of $361.84, totaling about $587,266. The sale reduced his stake by 11.44%, leaving him with 12,563 shares.
- MACOM recently reported stronger-than-expected quarterly results, posting EPS of $1.09 versus the $1.07 estimate and revenue of $288.96 million versus $285.20 million expected. Revenue rose 22.5% year over year.
- Analysts remain generally positive on the stock, with an average rating of “Moderate Buy” and an average price target of $316.82. Recent target increases from firms like Truist, JPMorgan, and Susquehanna reflect rising expectations for the semiconductor company.
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) Director Geoffrey Ribar sold 1,623 shares of the firm's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $361.84, for a total value of $587,266.32. Following the transaction, the director owned 12,563 shares of the company's stock, valued at $4,545,795.92. This trade represents a 11.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
MACOM Technology Solutions Price Performance
MACOM Technology Solutions stock opened at $381.55 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.52 and a quick ratio of 5.84. The company has a market capitalization of $29.11 billion, a PE ratio of 165.17, a price-to-earnings-growth ratio of 3.32 and a beta of 1.60. MACOM Technology Solutions Holdings, Inc. has a one year low of $118.16 and a one year high of $384.58. The business has a 50 day simple moving average of $258.27 and a 200 day simple moving average of $216.14.
MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.07 by $0.02. The business had revenue of $288.96 million during the quarter, compared to the consensus estimate of $285.20 million. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.MACOM Technology Solutions's revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the company earned $0.85 EPS. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. On average, sell-side analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.3 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Truist Financial raised their target price on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. JPMorgan Chase & Co. lifted their price objective on MACOM Technology Solutions from $240.00 to $345.00 and gave the company a "neutral" rating in a research report on Friday, May 8th. Weiss Ratings reiterated a "hold (c+)" rating on shares of MACOM Technology Solutions in a research report on Friday, May 8th. Susquehanna lifted their price objective on MACOM Technology Solutions from $300.00 to $350.00 and gave the company a "neutral" rating in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded MACOM Technology Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, May 2nd. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, MACOM Technology Solutions has an average rating of "Moderate Buy" and an average price target of $316.82.
Check Out Our Latest Stock Report on MACOM Technology Solutions
Hedge Funds Weigh In On MACOM Technology Solutions
Institutional investors have recently bought and sold shares of the business. GHP Investment Advisors Inc. bought a new position in MACOM Technology Solutions in the 1st quarter valued at $31,000. Measured Wealth Private Client Group LLC bought a new position in MACOM Technology Solutions in the 4th quarter valued at $30,000. Advisory Services Network LLC bought a new position in MACOM Technology Solutions in the 3rd quarter valued at $25,000. EverSource Wealth Advisors LLC increased its stake in shares of MACOM Technology Solutions by 75.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company's stock valued at $27,000 after buying an additional 93 shares during the period. Finally, Bayforest Capital Ltd bought a new stake in shares of MACOM Technology Solutions during the fourth quarter worth $39,000. Institutional investors own 76.14% of the company's stock.
About MACOM Technology Solutions
(
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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