MACOM Technology Solutions (NASDAQ:MTSI) CFO Sells $242,988.20 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 1,027 shares of the business’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $236.60, for a total value of $242,988.20. Following the sale, the chief financial officer owned 34,405 shares in the company, valued at approximately $8,140,223. The trade was a 2.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $326.08, for a total transaction of $2,409,405.12.

MACOM Technology Solutions Stock Down 3.3%

Shares of NASDAQ:MTSI opened at $252.42 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. The company has a market cap of $19.28 billion, a PE ratio of 81.16, a price-to-earnings-growth ratio of 0.85 and a beta of 1.77. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $144.06 and a 52 week high of $418.90. The firm has a 50 day simple moving average of $276.52 and a 200 day simple moving average of $282.62.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.05. The firm had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company’s quarterly revenue was up 35.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current year.

Institutional Investors Weigh In On MACOM Technology Solutions

Several institutional investors and hedge funds have recently modified their holdings of the business. Jupiter Topco LLC bought a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at approximately $256,612,000. Bank of America Corp DE bought a new stake in MACOM Technology Solutions during the second quarter worth approximately $247,732,000. Bank of New York Mellon Corp bought a new stake in MACOM Technology Solutions during the second quarter worth approximately $204,593,000. Janus Henderson Group PLC grew 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 purchasing an additional 105,032 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in MACOM Technology Solutions during the second quarter valued at approximately $137,970,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MTSI. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Benchmark assumed coverage on shares of MACOM Technology Solutions in a research report on Thursday, August 13th. They set a “buy” rating and a $375.00 price objective on the stock. Susquehanna cut their target price on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. BMO Capital Markets upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 target price for the company in a research report on Friday, September 18th. Finally, Raymond James Financial raised shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 target price for the company in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, MACOM Technology Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $338.08.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.