TD Asset Management Inc. raised its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 21.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,400 shares of the semiconductor company’s stock after acquiring an additional 2,500 shares during the period. TD Asset Management Inc.’s holdings in MACOM Technology Solutions were worth $642,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of MTSI. Strs Ohio acquired a new position in MACOM Technology Solutions in the second quarter valued at about $105,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in MACOM Technology Solutions by 10.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,174 shares of the semiconductor company’s stock valued at $121,000 after acquiring an additional 199 shares during the period. Advisor Group Inc. boosted its position in shares of MACOM Technology Solutions by 6.6% during the second quarter. Advisor Group Inc. now owns 2,300 shares of the semiconductor company’s stock worth $128,000 after buying an additional 143 shares during the period. BT Investment Management Ltd acquired a new position in shares of MACOM Technology Solutions during the second quarter worth about $162,000. Finally, Peddock Capital Advisors LLC boosted its position in shares of MACOM Technology Solutions by 1,797.5% during the second quarter. Peddock Capital Advisors LLC now owns 3,093 shares of the semiconductor company’s stock worth $172,000 after buying an additional 2,930 shares during the period. 88.18% of the stock is owned by hedge funds and other institutional investors.

Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ MTSI) opened at $31.70 on Friday. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $29.73 and a twelve month high of $65.99. The stock has a market capitalization of $2,040.00, a PE ratio of 18.43, a P/E/G ratio of 1.55 and a beta of 1.31. The company has a current ratio of 4.81, a quick ratio of 3.64 and a debt-to-equity ratio of 0.87.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.01). The business had revenue of $166.40 million during the quarter, compared to the consensus estimate of $171.80 million. MACOM Technology Solutions had a negative net margin of 24.26% and a positive return on equity of 15.05%. MACOM Technology Solutions’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. analysts expect that MACOM Technology Solutions Holdings, Inc. will post 0.95 EPS for the current fiscal year.

Several research analysts have recently weighed in on the company. ValuEngine raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Monday. Jefferies Group set a $61.00 price objective on MACOM Technology Solutions and gave the stock a “buy” rating in a research report on Wednesday, October 18th. reduced their price objective on MACOM Technology Solutions from $45.00 to $42.00 and set a “buy” rating for the company in a research report on Wednesday, November 15th. J P Morgan Chase & Co reduced their price objective on MACOM Technology Solutions from $55.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, November 15th. Finally, reduced their price objective on MACOM Technology Solutions from $43.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $42.10.

In other MACOM Technology Solutions news, CEO John Croteau sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $31.94, for a total value of $63,880.00. Following the sale, the chief executive officer now owns 149,219 shares in the company, valued at $4,766,054.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 5,250 shares of company stock worth $205,225 in the last 90 days. Corporate insiders own 42.30% of the company’s stock.

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MACOM Technology Solutions Profile

MACOM Technology Solutions Holdings, Inc is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia.

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Institutional Ownership by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

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