Key Points
- MACOM SVP Ambra Roth sold 653 shares at an average price of $300, generating $195,900. The transaction reduced her holdings by 6.64% and was made under a pre-arranged Rule 10b5-1 trading plan.
- MACOM reported quarterly EPS of $1.40, exceeding the $1.35 analyst consensus, while revenue rose 35.8% year over year to $342.24 million.
- Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $341.25; institutional investors own 76.14% of the company.
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) SVP Ambra Roth sold 653 shares of the business's stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $300.00, for a total value of $195,900.00. Following the transaction, the senior vice president owned 9,184 shares of the company's stock, valued at $2,755,200. This trade represents a 6.64% 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 Trading Up 2.1%
MTSI opened at $328.30 on Tuesday. The stock has a market cap of $25.07 billion, a price-to-earnings ratio of 105.56, a P/E/G ratio of 1.10 and a beta of 1.77. The stock's 50 day moving average price is $276.81 and its 200-day moving average price is $301.02. MACOM Technology Solutions Holdings, Inc. has a one year low of $121.97 and a one year high of $418.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34.
MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The firm had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. During the same period last year, the company earned $0.90 EPS. MACOM Technology Solutions'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, equities analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current year.
Analysts Set New Price Targets
Several research firms have recently weighed in on MTSI. Zacks Research upgraded MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 24th. Wall Street Zen raised shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Benchmark assumed coverage on shares of MACOM Technology Solutions in a research report on Thursday, August 13th. They issued a "buy" rating and a $375.00 price objective for the company. Needham & Company LLC raised their target price on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings downgraded shares of MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, MACOM Technology Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $341.25.
View Our Latest Analysis on MTSI
Institutional Investors Weigh In On MACOM Technology Solutions
Hedge funds have recently modified their holdings of the business. GW&K Investment Management LLC boosted its stake in shares of MACOM Technology Solutions by 6.1% during the fourth quarter. GW&K Investment Management LLC now owns 1,217,935 shares of the semiconductor company's stock valued at $208,609,000 after purchasing an additional 70,167 shares in the last quarter. Janus Henderson Group PLC increased its holdings in MACOM Technology Solutions by 15.5% during the first quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company's stock valued at $174,109,000 after buying an additional 105,032 shares during the period. Jupiter Topco LLC bought a new position in MACOM Technology Solutions in the second quarter worth approximately $256,612,000. Bank of America Corp DE bought a new position in MACOM Technology Solutions in the second quarter worth approximately $247,732,000. Finally, Bank of New York Mellon Corp purchased a new stake in MACOM Technology Solutions during the second quarter worth $204,593,000. Hedge funds and other institutional investors own 76.14% of the company's stock.
About MACOM Technology Solutions
(
Get Free Report)
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.
Further Reading
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