Key Points
- MACOM CFO John Kober sold 21,036 shares for about $4.35 million, reducing his stake by 36.53% to 36,553 shares. The sale was made under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards.
- MACOM beat quarterly expectations, reporting EPS of $2.09 versus $2.00 expected and revenue of $424.82 million versus $420.35 million; revenue rose 62.6% year over year. The company guided to Q1 2027 EPS of $2.21–$2.29.
- Analyst views are mixed but average to a “Moderate Buy,” with a consensus price target of $316.25; some firms recently cut their targets, including Needham to $300 and Susquehanna to $220.
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) CFO John Kober sold 973 shares of the company's stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $212.43, for a total value of $206,694.39. Following the completion of the sale, the chief financial officer directly owned 35,580 shares of the company's stock, valued at approximately $7,558,259.40. This represents a 2.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
John Kober also recently made the following trade(s):
- On Friday, November 6th, John Kober sold 21,036 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $206.91, for a total transaction of $4,352,558.76.
- On Monday, October 26th, John Kober sold 1,027 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $236.60, for a total transaction of $242,988.20.
- On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12.
MACOM Technology Solutions Trading Up 9.0%
Shares of MTSI opened at $230.00 on Tuesday. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 53.49, a PEG ratio of 0.76 and a beta of 1.82. 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 Holdings, Inc. has a fifty-two week low of $150.80 and a fifty-two week high of $418.90. The firm has a 50 day moving average price of $270.22 and a 200-day moving average price of $282.83.
MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.00 by $0.09. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $424.82 million during the quarter, compared to analysts' expectations of $420.35 million. During the same quarter in the prior year, the company earned $0.94 EPS. The firm's revenue was up 62.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. As a group, equities research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 7.09 earnings per share for the current year.
Key MACOM Technology Solutions News
Here are the key news stories impacting MACOM Technology Solutions this week:
- Positive Sentiment: Recent quarterly results beat estimates: MACOM reported $2.09 in EPS and $424.82 million in revenue, above consensus, with revenue up 62.6% year over year. Its Q1 2027 EPS guidance was $2.21–$2.29.
- Neutral Sentiment: CFO John Kober sold 21,036 shares for about $4.35 million, plus 973 shares in a separate transaction; SVP Ambra Roth sold 9,497 shares for about $2.15 million. The reported sales were under pre-arranged Rule 10b5-1 plans to cover tax withholding from vested equity awards, which makes them less indicative of a bearish outlook. Insider transaction details
- Negative Sentiment: JPMorgan cut its price target to $280 from $345 and kept a neutral rating. Susquehanna also reduced its target, to $220 from $300, with a neutral rating. A separate report says Truist lowered its target as well, adding to cautious analyst sentiment. Truist price-target report
Analyst Upgrades and Downgrades
Several research firms have issued reports on MTSI. Weiss Ratings lowered shares of MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, August 21st. Benchmark assumed coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They issued a "buy" rating and a $375.00 price objective on the stock. Zacks Research raised MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 24th. Needham & Company LLC dropped their target price on MACOM Technology Solutions from $410.00 to $300.00 and set a "buy" rating for the company in a report on Thursday, November 5th. Finally, Raymond James Financial upgraded MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $300.00 price target on the stock in a research report on Tuesday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $316.25.
View Our Latest Stock Report on MACOM Technology Solutions
Institutional Investors Weigh In On 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 MACOM Technology Solutions in the 2nd quarter worth $49,000. Burkett Financial Services LLC bought a new position in shares of MACOM Technology Solutions during the third quarter valued at about $38,000. Mather Group LLC. raised its stake in shares of MACOM Technology Solutions by 41.0% during the third quarter. Mather Group LLC. now owns 141 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 41 shares during the last quarter. Keating Financial Advisory Services Inc. bought a new position in shares of MACOM Technology Solutions during the second quarter valued at about $58,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of MACOM Technology Solutions during the second quarter worth about $67,000. Hedge funds and other institutional investors own 76.14% of the company's stock.
About MACOM Technology Solutions
(
Get Free Report)
MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems.
The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.
Headquartered in Lowell, Massachusetts, MACOM traces its history to Microwave Associates, founded in 1950.
Further Reading
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