Shares of M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) have earned an average rating of “Buy” from the twelve research firms that are covering the company. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $45.03.

A number of analysts have commented on the company. Needham & Company LLC restated a “buy” rating and issued a $49.00 price target on shares of M/A-Com Technology Solutions Holdings in a research report on Tuesday, November 1st. Goldman Sachs Group Inc. cut M/A-Com Technology Solutions Holdings from a “buy” rating to a “neutral” rating and set a $41.00 price target for the company. in a research report on Tuesday, September 20th. Jefferies Group restated a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research report on Thursday, September 8th. Barclays PLC restated a “buy” rating and issued a $44.00 price target on shares of M/A-Com Technology Solutions Holdings in a research report on Thursday, July 28th. Finally, Craig Hallum restated a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research report on Sunday, July 17th.

In related news, Director Lunsen Gil J. Van sold 1,000 shares of the stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $40.00, for a total transaction of $40,000.00. Following the completion of the transaction, the director now directly owns 21,916 shares of the company’s stock, valued at $876,640. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Donghyun Thomas Hwang sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $43.80, for a total value of $87,600.00. Following the transaction, the senior vice president now directly owns 44,702 shares of the company’s stock, valued at $1,957,947.60. The disclosure for this sale can be found here. Corporate insiders own 57.10% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP purchased a new position in shares of M/A-Com Technology Solutions Holdings during the first quarter worth approximately $141,121,000. Jennison Associates LLC raised its position in shares of M/A-Com Technology Solutions Holdings by 38.3% in the second quarter. Jennison Associates LLC now owns 2,312,184 shares of the company’s stock worth $76,256,000 after buying an additional 640,827 shares during the last quarter. Vanguard Group Inc. raised its position in shares of M/A-Com Technology Solutions Holdings by 19.8% in the second quarter. Vanguard Group Inc. now owns 2,137,938 shares of the company’s stock worth $70,509,000 after buying an additional 353,403 shares during the last quarter. Silvercrest Asset Management Group LLC raised its position in shares of M/A-Com Technology Solutions Holdings by 14.3% in the second quarter. Silvercrest Asset Management Group LLC now owns 1,479,586 shares of the company’s stock worth $48,796,000 after buying an additional 185,036 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of M/A-Com Technology Solutions Holdings by 96.7% in the second quarter. Royal Bank of Canada now owns 1,129,296 shares of the company’s stock worth $37,245,000 after buying an additional 555,037 shares during the last quarter. 72.45% of the stock is owned by institutional investors.

M/A-Com Technology Solutions Holdings (NASDAQ:MTSI) opened at 40.78 on Thursday. M/A-Com Technology Solutions Holdings has a one year low of $29.56 and a one year high of $45.46. The stock has a market capitalization of $2.19 billion, a PE ratio of 43.06 and a beta of 1.39. The company’s 50 day moving average price is $39.47 and its 200-day moving average price is $38.37.

About M/A-Com Technology Solutions Holdings

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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