Key Points
- Director Peter Chung sold 43,268 shares of MACOM Technology Solutions on May 14 at an average price of $378.20, totaling about $16.36 million. After the sale, he held 6,781 shares, representing an 86.45% reduction in his position.
- MACOM shares were trading lower after the disclosure, opening at $356.25 and down 5.2% in the session. The stock has recently traded near its 52-week high of $401.24.
- The company’s latest earnings beat expectations, with Q3 EPS of $1.09 versus the $1.07 estimate and revenue of $288.96 million, up 22.5% year over year. Analysts remain generally constructive, with a consensus rating of “Moderate Buy” and an average price target of $316.82.
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) Director Peter Chung sold 43,268 shares of MACOM Technology Solutions stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $378.20, for a total value of $16,363,957.60. Following the transaction, the director directly owned 6,781 shares of the company's stock, valued at $2,564,574.20. The trade was a 86.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
MACOM Technology Solutions Trading Down 5.2%
Shares of MACOM Technology Solutions stock opened at $356.25 on Tuesday. The company's 50-day moving average price is $266.40 and its 200-day moving average price is $220.93. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $118.16 and a 12-month high of $401.24. The company has a market cap of $27.18 billion, a price-to-earnings ratio of 154.22, a PEG ratio of 3.44 and a beta of 1.60.
MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.07 by $0.02. The company had revenue of $288.96 million during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.85 earnings per share. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. On average, equities analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.3 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC purchased a new position in shares of MACOM Technology Solutions during the third quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its position in MACOM Technology Solutions by 75.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 93 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in MACOM Technology Solutions in the fourth quarter worth $30,000. GHP Investment Advisors Inc. purchased a new stake in MACOM Technology Solutions during the first quarter valued at about $31,000. Finally, Smartleaf Asset Management LLC boosted its position in MACOM Technology Solutions by 108.7% during the third quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company's stock valued at $36,000 after buying an additional 150 shares during the period. 76.14% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. 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. Susquehanna raised their price target on MACOM Technology Solutions from $300.00 to $350.00 and gave the company a "neutral" rating in a report on Friday, May 8th. Needham & Company LLC upped their price objective on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. Finally, Jefferies Financial Group boosted their price target 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. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $316.82.
Read Our Latest Research Report on MACOM Technology Solutions
About MACOM Technology Solutions
(
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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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