New York State Teachers Retirement System Increases Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

New York State Teachers Retirement System lifted its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 48.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 33,841 shares of the semiconductor company’s stock after acquiring an additional 11,115 shares during the period. New York State Teachers Retirement System’s holdings in MACOM Technology Solutions were worth $7,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of MACOM Technology Solutions by 22.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,880 shares of the semiconductor company’s stock valued at $16,936,000 after purchasing an additional 18,096 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of MACOM Technology Solutions by 33.9% during the 4th quarter. SG Americas Securities LLC now owns 54,033 shares of the semiconductor company’s stock worth $9,255,000 after purchasing an additional 13,668 shares in the last quarter. FengHe Fund Management Pte. Ltd. acquired a new position in shares of MACOM Technology Solutions during the 4th quarter worth approximately $90,663,000. Boothbay Fund Management LLC raised its position in shares of MACOM Technology Solutions by 42.7% during the 3rd quarter. Boothbay Fund Management LLC now owns 22,389 shares of the semiconductor company’s stock worth $2,787,000 after purchasing an additional 6,704 shares during the last quarter. Finally, Peregrine Capital Management LLC purchased a new stake in MACOM Technology Solutions in the 4th quarter valued at approximately $14,302,000. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. HC Wainwright reiterated a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Loop Capital started coverage on MACOM Technology Solutions in a research report on Friday, April 10th. They issued a “buy” rating and a $300.00 price objective on the stock. Stifel Nicolaus increased their price objective on MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $335.00.

Insiders Place Their Bets

In related news, CEO Stephen G. Daly sold 15,828 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $365.75, for a total value of $5,789,091.00. Following the completion of the transaction, the chief executive officer directly owned 38,389 shares in the company, valued at approximately $14,040,776.75. This represents a 29.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles R. Bland sold 800 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $380.00, for a total value of $304,000.00. Following the transaction, the director owned 14,338 shares in the company, valued at $5,448,440. This trade represents a 5.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 currently owned by company insiders.

MACOM Technology Solutions Trading Down 7.2%

NASDAQ MTSI traded down $23.53 during mid-day trading on Tuesday, reaching $304.11. 368,763 shares of the stock were exchanged, compared to its average volume of 1,456,106. The stock has a market capitalization of $23.20 billion, a PE ratio of 131.10, a PEG ratio of 2.64 and a beta of 1.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $118.16 and a 1-year high of $418.90. The business’s fifty day simple moving average is $358.89 and its 200 day simple moving average is $271.08.

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

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.