Legal & General Group Plc Has $16.70 Million Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Legal & General Group Plc lessened its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 14.0% in the 4th quarter, HoldingsChannel reports. The fund owned 97,498 shares of the semiconductor company’s stock after selling 15,850 shares during the quarter. Legal & General Group Plc’s holdings in MACOM Technology Solutions were worth $16,699,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MTSI. Wellington Management Group LLP increased its position in MACOM Technology Solutions by 180.6% in the 3rd quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after acquiring an additional 634,903 shares in the last quarter. Bessemer Group Inc. increased its position in MACOM Technology Solutions by 170,782.0% in the 4th quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock valued at $97,465,000 after acquiring an additional 568,704 shares in the last quarter. Rafferty Asset Management LLC acquired a new stake in MACOM Technology Solutions in the 3rd quarter valued at about $67,486,000. FengHe Fund Management Pte. Ltd. acquired a new stake in MACOM Technology Solutions in the 4th quarter valued at about $90,663,000. Finally, Vanguard Group Inc. increased its position in MACOM Technology Solutions by 5.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,067,757 shares of the semiconductor company’s stock valued at $879,865,000 after acquiring an additional 392,365 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

MACOM Technology Solutions Stock Down 3.0%

MACOM Technology Solutions stock opened at $353.79 on Tuesday. The company’s 50 day simple moving average is $298.69 and its 200 day simple moving average is $236.61. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $118.16 and a fifty-two week high of $418.90. The firm has a market capitalization of $26.99 billion, a price-to-earnings ratio of 153.16, a PEG ratio of 2.99 and a beta of 1.66. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.52 and a quick ratio of 5.84.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The firm had revenue of $288.96 million for the quarter, compared to analyst estimates of $285.20 million. During the same quarter in the previous year, the firm posted $0.85 earnings per share. The business’s revenue was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.68 EPS for the current year.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 7,644 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $359.25, for a total value of $2,746,107.00. Following the transaction, the chief financial officer owned 40,972 shares of the company’s stock, valued at approximately $14,719,191. The trade was a 15.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Peter Y. Chung sold 43,268 shares of MACOM Technology Solutions stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the completion of the transaction, the director directly owned 6,781 shares in the company, valued at approximately $2,564,574.20. The trade was a 86.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 59,648 shares of company stock valued at $21,966,111. 0.36% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have recently commented on MTSI. JPMorgan Chase & Co. lifted their price target on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Benchmark lifted their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Stifel Nicolaus lifted their price target on shares of MACOM Technology Solutions from $255.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Loop Capital began coverage on shares of MACOM Technology Solutions in a research report on Friday, April 10th. They set a “buy” rating and a $300.00 price target for the company. Finally, Needham & Company LLC lifted their price target 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. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, MACOM Technology Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $321.36.

MACOM Technology Solutions Company Profile

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.