MACOM Technology Solutions’ (MTSI) Buy Rating Reaffirmed at Truist Financial

Truist Financial reiterated their buy rating on shares of MACOM Technology Solutions (NASDAQ:MTSI) in a research report sent to investors on Friday morning,Benzinga reports. They currently have a $180.00 target price on the semiconductor company’s stock, up from their previous target price of $158.00.

Other equities research analysts have also recently issued reports about the company. Zacks Research raised MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. TD Cowen boosted their target price on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a report on Friday. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Benchmark lifted their price target on shares of MACOM Technology Solutions from $160.00 to $190.00 and gave the company a “buy” rating in a research report on Friday. Finally, Needham & Company LLC upped their price objective on shares of MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $169.44.

MACOM Technology Solutions Trading Up 1.9%

MTSI stock traded up $3.11 during trading on Friday, reaching $170.03. The company had a trading volume of 1,559,969 shares, compared to its average volume of 832,909. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10. MACOM Technology Solutions has a 52 week low of $84.00 and a 52 week high of $170.22. The business has a 50 day moving average of $135.39 and a 200 day moving average of $130.45. The company has a market cap of $12.66 billion, a P/E ratio of -168.35, a PEG ratio of 2.26 and a beta of 1.52.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm had revenue of $261.17 million for the quarter, compared to the consensus estimate of $260.16 million. During the same quarter in the prior year, the business earned $0.73 EPS. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, sell-side analysts forecast that MACOM Technology Solutions will post 2.43 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Susan Ocampo sold 8,358 shares of MACOM Technology Solutions stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $150.01, for a total value of $1,253,783.58. Following the completion of the sale, the insider directly owned 2,577,334 shares in the company, valued at approximately $386,625,873.34. This trade represents a 0.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Robert Dennehy sold 4,128 shares of the company’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $140.02, for a total transaction of $578,002.56. Following the transaction, the senior vice president owned 6,552 shares in the company, valued at $917,411.04. This represents a 38.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,552,712 shares of company stock valued at $210,885,098. Corporate insiders own 16.30% of the company’s stock.

Institutional Trading of MACOM Technology Solutions

Large investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. lifted its position in MACOM Technology Solutions by 174.0% during the second quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 134 shares during the period. SVB Wealth LLC purchased a new stake in MACOM Technology Solutions during the 1st quarter valued at $34,000. Smartleaf Asset Management LLC lifted its holdings in shares of MACOM Technology Solutions by 108.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 150 shares during the period. Allworth Financial LP lifted its holdings in shares of MACOM Technology Solutions by 131.3% during the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 197 shares during the period. Finally, Parkside Financial Bank & Trust boosted its stake in shares of MACOM Technology Solutions by 282.4% in the 3rd quarter. Parkside Financial Bank & Trust now owns 325 shares of the semiconductor company’s stock worth $40,000 after buying an additional 240 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.