MACOM Technology Solutions (NASDAQ:MTSI) Director Geoffrey Ribar Sells 1,623 Shares

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Geoffrey Ribar sold 1,623 shares of MACOM Technology Solutions stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $361.84, for a total value of $587,266.32. Following the transaction, the director owned 12,563 shares of the company’s stock, valued at $4,545,795.92. The trade was a 11.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ MTSI traded up $18.79 during trading on Wednesday, reaching $381.55. 1,795,953 shares of the company traded hands, compared to its average volume of 1,326,326. The firm’s fifty day simple moving average is $255.81 and its 200 day simple moving average is $214.44. The stock has a market cap of $29.11 billion, a P/E ratio of 165.17, a PEG ratio of 3.46 and a beta of 1.60. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $118.16 and a 12-month high of $384.58. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. The business had revenue of $288.96 million during the quarter, compared to analyst estimates of $285.20 million. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The company’s revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the business posted $0.85 EPS. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. As a group, research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Barclays lifted their price objective on MACOM Technology Solutions from $265.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Bank of America lifted their price objective on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Stifel Nicolaus raised their target price on MACOM Technology Solutions from $255.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Weiss Ratings restated a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Friday. Finally, Benchmark raised their target price on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $316.82.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of institutional investors have recently modified their holdings of the business. Northwestern Mutual Investment Management Company LLC grew its stake in shares of MACOM Technology Solutions by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 14,329 shares of the semiconductor company’s stock worth $2,454,000 after acquiring an additional 53 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of MACOM Technology Solutions by 2.3% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,799 shares of the semiconductor company’s stock worth $479,000 after acquiring an additional 62 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of MACOM Technology Solutions by 2.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,725 shares of the semiconductor company’s stock worth $467,000 after acquiring an additional 63 shares in the last quarter. Meeder Advisory Services Inc. grew its stake in shares of MACOM Technology Solutions by 3.5% in the fourth quarter. Meeder Advisory Services Inc. now owns 1,889 shares of the semiconductor company’s stock worth $324,000 after acquiring an additional 63 shares in the last quarter. Finally, Merit Financial Group LLC grew its stake in shares of MACOM Technology Solutions by 3.9% in the third quarter. Merit Financial Group LLC now owns 1,834 shares of the semiconductor company’s stock worth $228,000 after acquiring an additional 68 shares in the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

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.