MACOM Technology Solutions (NASDAQ:MTSI) Research Coverage Started at Benchmark

Benchmark initiated coverage on shares of MACOM Technology Solutions (NASDAQ:MTSI) in a research report released on Thursday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $375.00 target price on the semiconductor company’s stock.

Other analysts also recently issued research reports about the company. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research note on Wednesday, June 3rd. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Stifel Nicolaus upped their target price on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, August 5th. Finally, Zacks Research lowered MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, MACOM Technology Solutions currently has an average rating of “Moderate Buy” and an average target price of $341.82.

MACOM Technology Solutions Trading Up 3.1%

Shares of MACOM Technology Solutions stock opened at $316.44 on Thursday. The firm has a market cap of $24.17 billion, a price-to-earnings ratio of 101.75, a PEG ratio of 1.98 and a beta of 1.70. The business has a 50-day moving average price of $318.79 and a 200-day moving average price of $289.73. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions has a twelve month low of $118.28 and a twelve month high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its 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 return on equity of 17.82% and a net margin of 20.70%.The firm had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. During the same period in the previous year, the firm posted $0.90 earnings per share. The business’s 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. Equities research analysts anticipate that MACOM Technology Solutions will post 3.76 EPS for the current fiscal year.

Insider Buying and Selling

In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 15,828 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $365.75, for a total value of $5,789,091.00. Following the completion of the sale, the chief executive officer owned 38,389 shares of the company’s stock, valued at $14,040,776.75. This trade represents a 29.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the completion of the sale, the senior vice president directly owned 29,756 shares of the company’s stock, valued at approximately $11,422,435.72. The trade was a 8.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 28,687 shares of company stock valued at $10,476,798 in the last ninety days. 0.36% of the stock is owned by company insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Several hedge funds have recently bought and sold shares of MTSI. Swedbank AB bought a new position in shares of MACOM Technology Solutions during the 1st quarter worth $13,059,000. Principal Financial Group Inc. increased its stake in shares of MACOM Technology Solutions by 41.7% during the first quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company’s stock valued at $43,337,000 after buying an additional 57,474 shares during the period. Azzad Asset Management Inc. ADV raised its holdings in shares of MACOM Technology Solutions by 94.4% in the first quarter. Azzad Asset Management Inc. ADV now owns 20,113 shares of the semiconductor company’s stock valued at $4,466,000 after acquiring an additional 9,767 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of MACOM Technology Solutions by 2,385.6% in the first quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company’s stock valued at $4,101,000 after acquiring an additional 17,725 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in shares of MACOM Technology Solutions by 5,004.6% in the fourth quarter. Hsbc Holdings PLC now owns 102,909 shares of the semiconductor company’s stock valued at $17,796,000 after acquiring an additional 100,893 shares in the last quarter. Institutional investors own 76.14% of the company’s stock.

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.