MACOM Technology Solutions (NASDAQ:MTSI) COO Sells $69,350.40 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) COO Robert Dennehy sold 252 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $275.20, for a total value of $69,350.40. Following the transaction, the chief operating officer owned 12,758 shares in the company, valued at approximately $3,511,001.60. This trade represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $259.95 on Friday. The stock has a market cap of $19.85 billion, a PE ratio of 83.59, a price-to-earnings-growth ratio of 1.43 and a beta of 1.71. The stock has a 50-day moving average of $289.61 and a 200-day moving average of $294.40. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. MACOM Technology Solutions Holdings, Inc. has a one year low of $121.97 and a one year high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $336.08 million. During the same quarter in the previous year, the company earned $0.90 earnings per share. The business’s revenue for the quarter was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc raised its holdings in shares of MACOM Technology Solutions by 11.0% during the second quarter. Versant Capital Management Inc now owns 342 shares of the semiconductor company’s stock worth $130,000 after acquiring an additional 34 shares during the period. Pacer Advisors Inc. boosted its stake in MACOM Technology Solutions by 0.4% in the 1st quarter. Pacer Advisors Inc. now owns 12,035 shares of the semiconductor company’s stock worth $2,673,000 after purchasing an additional 51 shares during the period. Northwestern Mutual Investment Management Company LLC increased its holdings in MACOM Technology Solutions by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 14,329 shares of the semiconductor company’s stock worth $2,454,000 after purchasing an additional 53 shares in the last quarter. Meeder Advisory Services Inc. increased its holdings in MACOM Technology Solutions by 3.5% during the 4th quarter. Meeder Advisory Services Inc. now owns 1,889 shares of the semiconductor company’s stock worth $324,000 after purchasing an additional 63 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in MACOM Technology Solutions by 2.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,725 shares of the semiconductor company’s stock worth $467,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MTSI. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. BMO Capital Markets started coverage on MACOM Technology Solutions in a report on Friday, August 21st. They set a “market perform” rating and a $335.00 target price on the stock. Susquehanna decreased 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. Truist Financial increased their price target on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Needham & Company LLC raised their price target on MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $341.25.

About MACOM Technology Solutions

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.