Key Points
- COO Robert Dennehy sold 252 MACOM shares for approximately $69,350 under a pre-arranged Rule 10b5-1 trading plan, reducing his holdings by 1.94% to 12,758 shares.
- MACOM exceeded quarterly expectations, reporting $1.40 in EPS versus the $1.35 consensus and $342.24 million in revenue, up 35.8% year over year.
- Analyst sentiment remains broadly positive: the stock has a “Moderate Buy” consensus rating and a $341.25 average price target, while institutional investors own 76.14% of shares.
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) COO Robert Dennehy sold 252 shares of the company's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $275.20, for a total value of $69,350.40. Following the completion of the transaction, the chief operating officer owned 12,758 shares of the company's stock, valued at $3,511,001.60. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
MACOM Technology Solutions Stock Down 0.7%
MTSI opened at $262.01 on Wednesday. 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 firm's fifty day moving average price is $294.53 and its two-hundred day moving average price is $294.16. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $121.97 and a fifty-two week high of $418.90. The company has a market capitalization of $20.01 billion, a P/E 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 posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The firm had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. During the same quarter in the prior year, the business posted $0.90 earnings per share. The company's quarterly revenue was up 35.8% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current year.
Institutional Trading of MACOM Technology Solutions
Several institutional investors have recently added to or reduced their stakes in the company. Bell Investment Advisors Inc bought a new stake in shares of MACOM Technology Solutions in the second quarter valued at about $49,000. GHP Investment Advisors Inc. acquired a new position in MACOM Technology Solutions during the first quarter valued at approximately $31,000. Keating Financial Advisory Services Inc. bought a new stake in MACOM Technology Solutions during the second quarter worth $58,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of MACOM Technology Solutions in the 2nd quarter valued at $67,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of MACOM Technology Solutions in the 4th quarter valued at $30,000. 76.14% of the stock is currently owned by institutional investors.
MACOM Technology Solutions News Roundup
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.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. Zacks Research raised MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a report on Monday, August 24th. Weiss Ratings downgraded shares of MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, August 21st. Truist Financial boosted their price target on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the company a "buy" rating in a report on Friday, May 8th. Susquehanna lowered their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating for the company in a research note on Tuesday, July 21st. Finally, Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $341.25.
Get Our Latest Analysis on MACOM Technology Solutions
MACOM Technology Solutions Company Profile
(
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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