Press coverage about MACOM Technology Solutions Holdings (NASDAQ:MTSI) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MACOM Technology Solutions Holdings earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 45.7806330323825 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of MACOM Technology Solutions Holdings (NASDAQ:MTSI) opened at 44.19 on Wednesday. The stock has a 50 day moving average price of $51.58 and a 200 day moving average price of $51.35. The firm’s market cap is $2.84 billion. MACOM Technology Solutions Holdings has a 12 month low of $35.33 and a 12 month high of $65.99.

MACOM Technology Solutions Holdings (NASDAQ:MTSI) last posted its quarterly earnings results on Tuesday, August 1st. The semiconductor company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by $0.01. The company had revenue of $194.56 million during the quarter, compared to analyst estimates of $194.93 million. MACOM Technology Solutions Holdings had a positive return on equity of 17.21% and a negative net margin of 22.43%. The company’s revenue for the quarter was up 36.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 earnings per share. On average, equities research analysts expect that MACOM Technology Solutions Holdings will post $2.33 EPS for the current year.

MTSI has been the subject of several research reports. Needham & Company LLC raised their price objective on MACOM Technology Solutions Holdings from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, June 26th. Stifel Nicolaus reduced their price objective on MACOM Technology Solutions Holdings from $64.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, August 2nd. BidaskClub raised MACOM Technology Solutions Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Jefferies Group LLC reissued a “buy” rating and set a $66.00 price objective on shares of MACOM Technology Solutions Holdings in a research note on Wednesday, May 17th. Finally, Barclays PLC reissued an “overweight” rating and set a $63.00 price objective (down from $70.00) on shares of MACOM Technology Solutions Holdings in a research note on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $55.50.

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In other news, insider John Croteau sold 2,000 shares of MACOM Technology Solutions Holdings stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $55.15, for a total transaction of $110,300.00. Following the completion of the transaction, the insider now directly owns 53,655 shares in the company, valued at $2,959,073.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Charles R. Bland sold 1,750 shares of MACOM Technology Solutions Holdings stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $55.75, for a total transaction of $97,562.50. Following the transaction, the director now owns 25,190 shares of the company’s stock, valued at $1,404,342.50. The disclosure for this sale can be found here. Insiders have sold 27,617 shares of company stock valued at $1,700,779 over the last quarter. Corporate insiders own 57.10% of the company’s stock.

MACOM Technology Solutions Holdings Company 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.

Insider Buying and Selling by Quarter for MACOM Technology Solutions Holdings (NASDAQ:MTSI)

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