MACOM Technology Solutions (NASDAQ:MTSI) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of MACOM Technology Solutions (NASDAQ:MTSI) from a buy rating to a hold rating in a research note published on Saturday morning.

Several other research analysts have also weighed in on the company. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Loop Capital assumed coverage on MACOM Technology Solutions in a report on Friday, April 10th. They set a “buy” rating and a $300.00 price target for the company. Bank of America boosted their price target 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. Truist Financial increased their price objective on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $330.45.

MACOM Technology Solutions Trading Down 5.6%

Shares of NASDAQ:MTSI opened at $266.99 on Friday. The firm has a fifty day moving average of $348.53 and a two-hundred day moving average of $281.73. The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29. MACOM Technology Solutions has a 12-month low of $118.16 and a 12-month high of $418.90. The firm has a market capitalization of $20.37 billion, a P/E ratio of 115.58, a price-to-earnings-growth ratio of 2.19 and a beta of 1.65.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The business had revenue of $288.95 million for the quarter, compared to the consensus estimate of $285.20 million. During the same period in the prior year, the business posted $0.85 earnings per share. MACOM Technology Solutions’s revenue for the quarter was up 22.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. On average, equities analysts expect that MACOM Technology Solutions will post 3.68 EPS for the current fiscal year.

Insider Activity at MACOM Technology Solutions

In other news, Director Geoffrey G. Ribar sold 1,623 shares of MACOM Technology Solutions stock in a transaction that occurred on 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. This trade represents a 11.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Peter Y. Chung sold 43,268 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the completion of the sale, the director owned 6,781 shares of the company’s stock, valued at $2,564,574.20. The trade was a 86.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 78,096 shares of company stock valued at $28,760,941. 0.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Advisors Asset Management Inc. grew its position in shares of MACOM Technology Solutions by 49.7% in the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 161 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of MACOM Technology Solutions by 9.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,182 shares of the semiconductor company’s stock worth $15,778,000 after purchasing an additional 13,215 shares during the last quarter. Focus Partners Wealth lifted its position in shares of MACOM Technology Solutions by 121.3% during the 1st quarter. Focus Partners Wealth now owns 6,739 shares of the semiconductor company’s stock worth $676,000 after purchasing an additional 3,694 shares during the last quarter. Cetera Investment Advisers bought a new stake in MACOM Technology Solutions during the 2nd quarter valued at approximately $372,000. Finally, Marshall Wace LLP bought a new stake in MACOM Technology Solutions during the 2nd quarter valued at approximately $544,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

MACOM Technology Solutions Company Profile

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.