M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) is scheduled to post its Q416 quarterly earnings results on Tuesday, November 15th. Analysts expect M/A-Com Technology Solutions Holdings to post earnings of $0.56 per share and revenue of $149.97 million for the quarter.

Earnings History for M/A-Com Technology Solutions Holdings (NASDAQ:MTSI)

Shares of M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) opened at 39.20 on Friday. M/A-Com Technology Solutions Holdings Inc. has a 52 week low of $29.56 and a 52 week high of $45.46. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 41.39 and a beta of 1.39. The firm’s 50-day moving average price is $39.47 and its 200 day moving average price is $38.36.

In related news, CFO Robert Mcmullan sold 5,175 shares of the stock in a transaction on Tuesday, August 23rd. The stock was sold at an average price of $42.45, for a total transaction of $219,678.75. Following the completion of the sale, the chief financial officer now directly owns 52,100 shares in the company, valued at $2,211,645. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Lunsen Gil J. Van sold 1,000 shares of the stock in a transaction on Monday, August 22nd. The stock was sold at an average price of $40.00, for a total value of $40,000.00. Following the sale, the director now owns 21,916 shares of the company’s stock, valued at $876,640. The disclosure for this sale can be found here. 57.10% of the stock is owned by insiders.

Hedge funds have recently made changes to their positions in the company. Rhumbline Advisers raised its stake in shares of M/A-Com Technology Solutions Holdings by 0.9% in the second quarter. Rhumbline Advisers now owns 22,943 shares of the company’s stock valued at $757,000 after buying an additional 205 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of M/A-Com Technology Solutions Holdings by 14.3% in the second quarter. Fifth Third Bancorp now owns 3,896 shares of the company’s stock valued at $128,000 after buying an additional 486 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of M/A-Com Technology Solutions Holdings by 1.0% in the third quarter. California State Teachers Retirement System now owns 49,348 shares of the company’s stock valued at $2,089,000 after buying an additional 500 shares in the last quarter. US Bancorp DE raised its stake in shares of M/A-Com Technology Solutions Holdings by 8.8% in the second quarter. US Bancorp DE now owns 8,244 shares of the company’s stock valued at $272,000 after buying an additional 670 shares in the last quarter. Finally, Teachers Advisors LLC raised its stake in shares of M/A-Com Technology Solutions Holdings by 1.9% in the third quarter. Teachers Advisors LLC now owns 37,498 shares of the company’s stock valued at $1,588,000 after buying an additional 712 shares in the last quarter. Institutional investors and hedge funds own 72.45% of the company’s stock.

A number of brokerages have issued reports on MTSI. Craig Hallum reaffirmed a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research note on Sunday, July 17th. Needham & Company LLC reaffirmed a “buy” rating and set a $49.00 price target on shares of M/A-Com Technology Solutions Holdings in a research note on Tuesday, November 1st. Barclays PLC reaffirmed a “buy” rating and set a $44.00 price target on shares of M/A-Com Technology Solutions Holdings in a research note on Thursday, July 28th. Goldman Sachs Group Inc. lowered M/A-Com Technology Solutions Holdings from a “buy” rating to a “neutral” rating and set a $41.00 price objective for the company. in a research note on Tuesday, September 20th. Finally, Jefferies Group reissued a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research note on Thursday, September 8th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $46.21.

M/A-Com Technology Solutions Holdings Company Profile

MACOM Technology Solutions Holdings, Inc, formerly M/A-COM Technology Solutions Holdings, Inc, is a provider of analog semiconductor solutions for the use in wireless and wireline applications across the radio frequency (RF), microwave and millimeter wave spectrum. The Company operates through semiconductors and modules segment.

5 Day Chart for NASDAQ:MTSI

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